Key Economic Benchmarks
Median Household Income
$69,701$5,808 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Yates County, NY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Yates County, NY
Official FY2026 HUD Fair Market Rents for Yates County, NY. 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 | $756 | $9,072 | $30,240 | 13% |
| 1-Bedroom Apartment | $836 | $10,032 | $33,440 | 14.4% |
| 2-Bedroom ApartmentBenchmark | $1,097 | $13,164 | $43,880 | 18.9% |
| 3-Bedroom Home | $1,329 | $15,948 | $53,160 | 22.9% |
| 4-Bedroom Home | $1,840 | $22,080 | $73,600 | 31.7% |
50/30/20 Living Budget in Yates County, NY
Based on the local median household income of $69,701/year ($5,808/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in New York
Explore net income after federal income tax, FICA, and New York state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across New York with official federal datasets:
Frequently Asked Questions About Living in Yates County, NY
What is the median household income in Yates County, NY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Yates County, NY is $69,701 per year (approximately $5,808 per month).
What is the average rent in Yates County, NY?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Yates County, NY are $756 for a studio, $836 for 1 bedroom, $1,097 for 2 bedrooms, $1,329 for 3 bedrooms, and $1,840 for 4 bedrooms.
How does the cost of living in Yates County, NY compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Yates County, NY is 107.9 (7.9% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Yates County, NY?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,097/month) in Yates County, NY requires a minimum gross household income of $43,880 per year ($3,657 per month).
What is a balanced 50/30/20 monthly budget in Yates County, NY?
For a typical household earning the median income of $69,701/year ($5,808/month) in Yates County, NY, a balanced 50/30/20 budget allocates $2,904/month to essential needs (rent, utilities, groceries), $1,743/month to discretionary spending, and $1,162/month to savings and debt repayment.
What are typical electricity and utility costs in Yates County, NY?
Residential electricity rates in New York average 29.5¢ 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 $265 per month.