Floyd County, VA at a glance
Median household income
$62,191$5,183 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Floyd County, VA?
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 Floyd County, VA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Floyd County, VA HUD Metro FMR Area, 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 | $830 | $9,960 | $33,200 | 16% |
| 1-Bedroom Apartment | $834 | $10,008 | $33,360 | 16.1% |
| 2-Bedroom ApartmentBenchmark | $1,094 | $13,128 | $43,760 | 21.1% |
| 3-Bedroom Home | $1,312 | $15,744 | $52,480 | 25.3% |
| 4-Bedroom Home | $1,448 | $17,376 | $57,920 | 27.9% |
What a typical income covers in Floyd County, VA
The 50/30/20 rule applied to the local median of $62,191 a year ($5,183 a month before tax).
What $62,191 leaves after Virginia taxes
Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Virginia
Living in Floyd County, VA: common questions
What is the median household income in Floyd County, VA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Floyd County, VA is $62,191 per year (approximately $5,183 per month).
What is the average rent in Floyd County, VA?
The closest official figure is HUD's Fair Market Rent for 2026: $830 for a studio, $834 for one bedroom, $1,094 for two, $1,312 for three and $1,448 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 Floyd County, VA expensive to live in?
Prices there run 7.3% below the U.S. average. BEA's regional price parity for the metro area is 92.7, 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 Floyd County, VA?
To keep a $1,094 two-bedroom under 30% of gross income, a household needs about $43,760 a year, or $3,647 a month. That is 70% of what the typical household in Floyd County, VA earns.
How much do you need to live comfortably in Floyd County, VA?
On the local median income of $62,191 ($5,183 a month before tax), the 50/30/20 rule leaves $2,591 a month for needs like rent, utilities and groceries, $1,555 for everything else and $1,037 for savings or debt. A two-bedroom at $1,094 takes 42% of the needs share.
How much is the electric bill in Floyd County, VA?
Homes in Virginia paid 17.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $155. Your bill depends mostly on heating and cooling.