Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Fulton County, IN

Prices around Fulton County, IN run 6.7% below the U.S. average (BEA, Indiana). The typical household there earns $61,360 a year, and HUD puts a two-bedroom at $962 a month. Keeping that rent under 30% of income takes about $38,480 a year.

Fulton County, IN at a glance

Median household income

$61,360$5,113 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$962HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, Indiana
Electricity17.5¢per kWh · EIA Residential IN
Population20,312Census ACS 5-year estimate

How much rent can you afford in Fulton 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$962Monthly market rent
Share of gross income18.8%Recommended max: 30%
Annual income needed$38,480To meet the 30% standard
Max affordable rent$1,534At 30% of $61,360
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Fulton County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$689$8,268$27,56013.5%
1-Bedroom Apartment$733$8,796$29,32014.3%
2-Bedroom ApartmentBenchmark$962$11,544$38,48018.8%
3-Bedroom Home$1,153$13,836$46,12022.5%
4-Bedroom Home$1,274$15,288$50,96024.9%

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

What a typical income covers in Fulton County, IN

The 50/30/20 rule applied to the local median of $61,360 a year ($5,113 a month before tax).

Needs (50%)$2,557/moRent ($962 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,534/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,023/moEmergency fund, retirement, paying down loans

What $61,360 leaves after Indiana taxes

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

$61,360
$20,000$125,000
Filing status:
Gross salary breakdown$61,360
Net 81%
Fed 8%
IN 3%
FICA 8%
Annual take-home$49,702After all taxes
Monthly deposit$4,142Estimated per month
Biweekly paycheck$1,912Every 2 weeks (26/yr)
Effective tax rate19%Total tax burden
Federal income tax$5,183 / yr
Indiana state income tax$1,781 / yr
FICA (Social Security & Medicare)$4,694 / yr

Living in Fulton County, IN: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Fulton County, IN is $61,360 per year (approximately $5,113 per month).

What is the average rent in Fulton County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $689 for a studio, $733 for one bedroom, $962 for two, $1,153 for three and $1,274 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 Fulton 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 Fulton County, IN?

To keep a $962 two-bedroom under 30% of gross income, a household needs about $38,480 a year, or $3,207 a month. That is 63% of what the typical household in Fulton County, IN earns.

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

On the local median income of $61,360 ($5,113 a month before tax), the 50/30/20 rule leaves $2,557 a month for needs like rent, utilities and groceries, $1,534 for everything else and $1,023 for savings or debt. A two-bedroom at $962 takes 38% of the needs share.

How much is the electric bill in Fulton 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.