Key Economic Benchmarks
Median Household Income
$62,581$5,215 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Sevier County, TN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Sevier County, TN
Official FY2026 HUD Fair Market Rents for Sevier County, TN. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $883 | $10,596 | $35,320 | 16.9% |
| 1-Bedroom Apartment | $973 | $11,676 | $38,920 | 18.7% |
| 2-Bedroom ApartmentBenchmark | $1,159 | $13,908 | $46,360 | 22.2% |
| 3-Bedroom Home | $1,522 | $18,264 | $60,880 | 29.2% |
| 4-Bedroom Home | $1,535 | $18,420 | $61,400 | 29.4% |
50/30/20 Living Budget in Sevier County, TN
Based on the local median household income of $62,581/year ($5,215/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Tennessee
Explore net income after federal income tax, FICA, and Tennessee state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Tennessee with official federal datasets:
Frequently Asked Questions About Living in Sevier County, TN
What is the median household income in Sevier County, TN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Sevier County, TN is $62,581 per year (approximately $5,215 per month).
What is the average rent in Sevier County, TN?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Sevier County, TN are $883 for a studio, $973 for 1 bedroom, $1,159 for 2 bedrooms, $1,522 for 3 bedrooms, and $1,535 for 4 bedrooms.
How does the cost of living in Sevier County, TN compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Sevier County, TN is 91.9 (8.1% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Sevier County, TN?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,159/month) in Sevier County, TN requires a minimum gross household income of $46,360 per year ($3,863 per month).
What is a balanced 50/30/20 monthly budget in Sevier County, TN?
For a typical household earning the median income of $62,581/year ($5,215/month) in Sevier County, TN, a balanced 50/30/20 budget allocates $2,608/month to essential needs (rent, utilities, groceries), $1,565/month to discretionary spending, and $1,043/month to savings and debt repayment.
What are typical electricity and utility costs in Sevier County, TN?
Residential electricity rates in Tennessee average 14.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $127 per month.