Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Daviess County, IN

Prices around Daviess County, IN run 6.7% below the U.S. average (BEA, Indiana). The typical household there earns $68,503 a year, and HUD puts a two-bedroom at $1,003 a month. Keeping that rent under 30% of income takes about $40,120 a year.

Daviess County, IN at a glance

Median household income

$68,503$5,709 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,003HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, Indiana
Electricity17.5¢per kWh · EIA Residential IN
Population33,658Census ACS 5-year estimate

How much rent can you afford in Daviess County, IN?

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$1,003Monthly market rent
Share of gross income17.6%Recommended max: 30%
Annual income needed$40,120To meet the 30% standard
Max affordable rent$1,713At 30% of $68,503
0%30% (Affordability standard)100%
Compare against:

How much is rent in Daviess County, IN? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Daviess County, IN, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Daviess County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$719$8,628$28,76012.6%
1-Bedroom Apartment$764$9,168$30,56013.4%
2-Bedroom ApartmentBenchmark$1,003$12,036$40,12017.6%
3-Bedroom Home$1,243$14,916$49,72021.8%
4-Bedroom Home$1,328$15,936$53,12023.3%

Rent in Daviess County, IN, with the wage each unit needs →

What a typical income covers in Daviess County, IN

The 50/30/20 rule applied to the local median of $68,503 a year ($5,709 a month before tax).

Needs (50%)$2,854/moRent ($1,003 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,713/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,142/moEmergency fund, retirement, paying down loans

What $68,503 leaves after Indiana taxes

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

$68,503
$25,000$140,000
Filing status:
Gross salary breakdown$68,503
Net 80%
Fed 9%
IN 3%
FICA 8%
Annual take-home$55,031After all taxes
Monthly deposit$4,586Estimated per month
Biweekly paycheck$2,117Every 2 weeks (26/yr)
Effective tax rate19.7%Total tax burden
Federal income tax$6,241 / yr
Indiana state income tax$1,991 / yr
FICA (Social Security & Medicare)$5,240 / yr

Living in Daviess County, IN: common questions

What is the median household income in Daviess County, IN?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Daviess County, IN is $68,503 per year (approximately $5,709 per month).

What is the average rent in Daviess County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $719 for a studio, $764 for one bedroom, $1,003 for two, $1,243 for three and $1,328 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 Daviess County, IN expensive to live in?

Prices there run 6.7% below the U.S. average. BEA's regional price parity for Indiana is 93.3, 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 Daviess County, IN?

To keep a $1,003 two-bedroom under 30% of gross income, a household needs about $40,120 a year, or $3,343 a month. That is 59% of what the typical household in Daviess County, IN earns.

How much do you need to live comfortably in Daviess County, IN?

On the local median income of $68,503 ($5,709 a month before tax), the 50/30/20 rule leaves $2,854 a month for needs like rent, utilities and groceries, $1,713 for everything else and $1,142 for savings or debt. A two-bedroom at $1,003 takes 35% of the needs share.

How much is the electric bill in Daviess County, IN?

Homes in Indiana paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.