Anderson County, KY at a glance
Median household income
$74,488$6,207 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Anderson County, KY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Anderson County, KY? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Anderson County, KY, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $745 | $8,940 | $29,800 | 12% |
| 1-Bedroom Apartment | $951 | $11,412 | $38,040 | 15.3% |
| 2-Bedroom ApartmentBenchmark | $1,042 | $12,504 | $41,680 | 16.8% |
| 3-Bedroom Home | $1,323 | $15,876 | $52,920 | 21.3% |
| 4-Bedroom Home | $1,454 | $17,448 | $58,160 | 23.4% |
Rent in Anderson County, KY, with the wage each unit needs →
What a typical income covers in Anderson County, KY
The 50/30/20 rule applied to the local median of $74,488 a year ($6,207 a month before tax).
What $74,488 leaves after Kentucky taxes
Federal income tax, Social Security, Medicare and Kentucky tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Kentucky
Living in Anderson County, KY: common questions
What is the median household income in Anderson County, KY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Anderson County, KY is $74,488 per year (approximately $6,207 per month).
What is the average rent in Anderson County, KY?
The closest official figure is HUD's Fair Market Rent for 2026: $745 for a studio, $951 for one bedroom, $1,042 for two, $1,323 for three and $1,454 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 Anderson County, KY expensive to live in?
Prices there run 9.8% below the U.S. average. BEA's regional price parity for Kentucky 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 Anderson County, KY?
To keep a $1,042 two-bedroom under 30% of gross income, a household needs about $41,680 a year, or $3,473 a month. That is 56% of what the typical household in Anderson County, KY earns.
How much do you need to live comfortably in Anderson County, KY?
On the local median income of $74,488 ($6,207 a month before tax), the 50/30/20 rule leaves $3,104 a month for needs like rent, utilities and groceries, $1,862 for everything else and $1,241 for savings or debt. A two-bedroom at $1,042 takes 34% of the needs share.
How much is the electric bill in Anderson 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.