Idaho · Census, HUD and BEA figures · Updated

Cost of Living in Franklin County, ID

Prices around Franklin County, ID run 4.1% below the U.S. average (BEA, the metro area). The typical household there earns $71,950 a year, and HUD puts a two-bedroom at $1,241 a month. Keeping that rent under 30% of income takes about $49,640 a year.

Franklin County, ID at a glance

Median household income

$71,950$5,996 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,241HUD FY2026 Fair Market Rent
Price level (U.S. = 100)95.9-4.1% · BEA, the metro area
Electricity14.4¢per kWh · EIA Residential ID
Population15,056Census ACS 5-year estimate

How much rent can you afford in Franklin County, ID?

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$1,241Monthly market rent
Share of gross income20.7%Recommended max: 30%
Annual income needed$49,640To meet the 30% standard
Max affordable rent$1,799At 30% of $71,950
0%30% (Affordability standard)100%
Compare against:

How much is rent in Franklin County, ID? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Logan, UT-ID MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Franklin County, ID, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$940$11,280$37,60015.7%
1-Bedroom Apartment$946$11,352$37,84015.8%
2-Bedroom ApartmentBenchmark$1,241$14,892$49,64020.7%
3-Bedroom Home$1,726$20,712$69,04028.8%
4-Bedroom Home$2,082$24,984$83,28034.7%

Rent in Franklin County, ID, with the wage each unit needs →

What a typical income covers in Franklin County, ID

The 50/30/20 rule applied to the local median of $71,950 a year ($5,996 a month before tax).

Needs (50%)$2,998/moRent ($1,241 2-BR), utilities (~$129/mo), groceries, transit
Wants (30%)$1,799/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,199/moEmergency fund, retirement, paying down loans

What $71,950 leaves after Idaho taxes

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

$71,950
$25,000$145,000
Filing status:
Gross salary breakdown$71,950
Net 79%
Fed 10%
ID 4%
FICA 8%
Annual take-home$56,723After all taxes
Monthly deposit$4,727Estimated per month
Biweekly paycheck$2,182Every 2 weeks (26/yr)
Effective tax rate21.2%Total tax burden
Federal income tax$6,999 / yr
Idaho state income tax$2,724 / yr
FICA (Social Security & Medicare)$5,504 / yr

Living in Franklin County, ID: common questions

What is the median household income in Franklin County, ID?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Franklin County, ID is $71,950 per year (approximately $5,996 per month).

What is the average rent in Franklin County, ID?

The closest official figure is HUD's Fair Market Rent for 2026: $940 for a studio, $946 for one bedroom, $1,241 for two, $1,726 for three and $2,082 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 Franklin County, ID expensive to live in?

Prices there run 4.1% below the U.S. average. BEA's regional price parity for the metro area is 95.9, 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 Franklin County, ID?

To keep a $1,241 two-bedroom under 30% of gross income, a household needs about $49,640 a year, or $4,137 a month. That is 69% of what the typical household in Franklin County, ID earns.

How much do you need to live comfortably in Franklin County, ID?

On the local median income of $71,950 ($5,996 a month before tax), the 50/30/20 rule leaves $2,998 a month for needs like rent, utilities and groceries, $1,799 for everything else and $1,199 for savings or debt. A two-bedroom at $1,241 takes 41% of the needs share.

How much is the electric bill in Franklin County, ID?

Homes in Idaho paid 14.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $129. Your bill depends mostly on heating and cooling.