Key Economic Benchmarks
Median Household Income
$78,582$6,549 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Spokane County, WA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Spokane County, WA
Official FY2026 HUD Fair Market Rents for Spokane, WA HUD Metro FMR Area. 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 | $1,103 | $13,236 | $44,120 | 16.8% |
| 1-Bedroom Apartment | $1,193 | $14,316 | $47,720 | 18.2% |
| 2-Bedroom ApartmentBenchmark | $1,531 | $18,372 | $61,240 | 23.4% |
| 3-Bedroom Home | $2,088 | $25,056 | $83,520 | 31.9% |
| 4-Bedroom Home | $2,506 | $30,072 | $100,240 | 38.3% |
50/30/20 Living Budget in Spokane County, WA
Based on the local median household income of $78,582/year ($6,549/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Washington
Explore net income after federal income tax, FICA, and Washington state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Washington with official federal datasets:
Frequently Asked Questions About Living in Spokane County, WA
What is the median household income in Spokane County, WA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Spokane County, WA is $78,582 per year (approximately $6,549 per month).
What is the average rent in Spokane County, WA?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Spokane County, WA are $1,103 for a studio, $1,193 for 1 bedroom, $1,531 for 2 bedrooms, $2,088 for 3 bedrooms, and $2,506 for 4 bedrooms.
How does the cost of living in Spokane County, WA compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Spokane County, WA is 100.3 (0.3% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Spokane County, WA?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,531/month) in Spokane County, WA requires a minimum gross household income of $61,240 per year ($5,103 per month).
What is a balanced 50/30/20 monthly budget in Spokane County, WA?
For a typical household earning the median income of $78,582/year ($6,549/month) in Spokane County, WA, a balanced 50/30/20 budget allocates $3,274/month to essential needs (rent, utilities, groceries), $1,965/month to discretionary spending, and $1,310/month to savings and debt repayment.
What are typical electricity and utility costs in Spokane County, WA?
Residential electricity rates in Washington average 14.9¢ 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 $134 per month.