New York · Census, HUD and BEA figures · Updated

Cost of Living in Fort Drum, NY

Prices around Fort Drum, NY run 12.3% below the U.S. average (BEA, the metro area). The typical household there earns $62,291 a year, and HUD puts a two-bedroom at $1,405 a month. Keeping that rent under 30% of income takes about $56,200 a year.

Fort Drum, NY at a glance

Median household income

$62,291$5,191 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,405HUD FY2026 Fair Market Rent
Price level (U.S. = 100)87.7-12.3% · BEA, the metro area
Electricity29.5¢per kWh · EIA Residential NY
Population16,065Census ACS 5-year estimate

How much rent can you afford in Fort Drum, NY?

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$1,405Monthly market rent
Share of gross income27.1%Recommended max: 30%
Annual income needed$56,200To meet the 30% standard
Max affordable rent$1,557At 30% of $62,291
0%30% (Affordability standard)100%
Compare against:

How much is rent in Fort Drum, NY? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Watertown-Fort Drum, NY MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Fort Drum, NY, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$969$11,628$38,76018.7%
1-Bedroom Apartment$1,071$12,852$42,84020.6%
2-Bedroom ApartmentBenchmark$1,405$16,860$56,20027.1%
3-Bedroom Home$1,907$22,884$76,28036.7%
4-Bedroom Home$2,340$28,080$93,60045.1%

Rent in Fort Drum, NY, with the wage each unit needs →

What a typical income covers in Fort Drum, NY

The 50/30/20 rule applied to the local median of $62,291 a year ($5,191 a month before tax).

Needs (50%)$2,595/moRent ($1,405 2-BR), utilities (~$265/mo), groceries, transit
Wants (30%)$1,557/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,038/moEmergency fund, retirement, paying down loans

What $62,291 leaves after New York taxes

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

$62,291
$20,000$125,000
Filing status:
Gross salary breakdown$62,291
Net 79%
Fed 9%
NY 4%
FICA 8%
Annual take-home$49,464After all taxes
Monthly deposit$4,122Estimated per month
Biweekly paycheck$1,902Every 2 weeks (26/yr)
Effective tax rate20.6%Total tax burden
Federal income tax$5,295 / yr
New York state income tax$2,767 / yr
FICA (Social Security & Medicare)$4,765 / yr

Living in Fort Drum, NY: common questions

What is the median household income in Fort Drum, NY?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Fort Drum, NY is $62,291 per year (approximately $5,191 per month).

What is the average rent in Fort Drum, NY?

The closest official figure is HUD's Fair Market Rent for 2026: $969 for a studio, $1,071 for one bedroom, $1,405 for two, $1,907 for three and $2,340 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 Fort Drum, NY expensive to live in?

Prices there run 12.3% below the U.S. average. BEA's regional price parity for the metro area is 87.7, 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 Fort Drum, NY?

To keep a $1,405 two-bedroom under 30% of gross income, a household needs about $56,200 a year, or $4,683 a month. That is 90% of what the typical household in Fort Drum, NY earns.

How much do you need to live comfortably in Fort Drum, NY?

On the local median income of $62,291 ($5,191 a month before tax), the 50/30/20 rule leaves $2,595 a month for needs like rent, utilities and groceries, $1,557 for everything else and $1,038 for savings or debt. A two-bedroom at $1,405 takes 54% of the needs share.

How much is the electric bill in Fort Drum, NY?

Homes in New York paid 29.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $265. Your bill depends mostly on heating and cooling.