Kentucky · Census, HUD and BEA figures · Updated

Cost of Living in Allen County, KY

Prices around Allen County, KY run 9.8% below the U.S. average (BEA, the metro area). The typical household there earns $61,403 a year, and HUD puts a two-bedroom at $996 a month. Keeping that rent under 30% of income takes about $39,840 a year.

Allen County, KY at a glance

Median household income

$61,403$5,117 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$996HUD FY2026 Fair Market Rent
Price level (U.S. = 100)90.2-9.8% · BEA, the metro area
Electricity14.3¢per kWh · EIA Residential KY
Population21,293Census ACS 5-year estimate

How much rent can you afford in Allen County, KY?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$996Monthly market rent
Share of gross income19.5%Recommended max: 30%
Annual income needed$39,840To meet the 30% standard
Max affordable rent$1,535At 30% of $61,403
0%30% (Affordability standard)100%
Compare against:

How much is rent in Allen County, KY? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Allen County, KY HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Allen County, KY, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$759$9,108$30,36014.8%
1-Bedroom Apartment$759$9,108$30,36014.8%
2-Bedroom ApartmentBenchmark$996$11,952$39,84019.5%
3-Bedroom Home$1,224$14,688$48,96023.9%
4-Bedroom Home$1,520$18,240$60,80029.7%

Rent in Allen County, KY, with the wage each unit needs →

What a typical income covers in Allen County, KY

The 50/30/20 rule applied to the local median of $61,403 a year ($5,117 a month before tax).

Needs (50%)$2,558/moRent ($996 2-BR), utilities (~$128/mo), groceries, transit
Wants (30%)$1,535/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,023/moEmergency fund, retirement, paying down loans

What $61,403 leaves after Kentucky taxes

Federal income tax, Social Security, Medicare and Kentucky tax on the local median income. Change the salary to see yours.

$61,403
$20,000$125,000
Filing status:
Gross salary breakdown$61,403
Net 81%
Fed 8%
KY 3%
FICA 8%
Annual take-home$49,486After all taxes
Monthly deposit$4,124Estimated per month
Biweekly paycheck$1,903Every 2 weeks (26/yr)
Effective tax rate19.4%Total tax burden
Federal income tax$5,188 / yr
Kentucky state income tax$2,032 / yr
FICA (Social Security & Medicare)$4,697 / yr

Living in Allen County, KY: common questions

What is the median household income in Allen County, KY?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Allen County, KY is $61,403 per year (approximately $5,117 per month).

What is the average rent in Allen County, KY?

The closest official figure is HUD's Fair Market Rent for 2026: $759 for a studio, $759 for one bedroom, $996 for two, $1,224 for three and $1,520 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Allen County, KY expensive to live in?

Prices there run 9.8% below the U.S. average. BEA's regional price parity for the metro area is 90.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Allen County, KY?

To keep a $996 two-bedroom under 30% of gross income, a household needs about $39,840 a year, or $3,320 a month. That is 65% of what the typical household in Allen County, KY earns.

How much do you need to live comfortably in Allen County, KY?

On the local median income of $61,403 ($5,117 a month before tax), the 50/30/20 rule leaves $2,558 a month for needs like rent, utilities and groceries, $1,535 for everything else and $1,023 for savings or debt. A two-bedroom at $996 takes 39% of the needs share.

How much is the electric bill in Allen County, KY?

Homes in Kentucky paid 14.3¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $128. Your bill depends mostly on heating and cooling.