Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Lawrence County, IN

Prices around Lawrence County, IN run 6.7% below the U.S. average (BEA, Indiana). The typical household there earns $66,468 a year, and HUD puts a two-bedroom at $956 a month. Keeping that rent under 30% of income takes about $38,240 a year.

Lawrence County, IN at a glance

Median household income

$66,468$5,539 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$956HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, Indiana
Electricity17.5¢per kWh · EIA Residential IN
Population45,102Census ACS 5-year estimate

How much rent can you afford in Lawrence 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$956Monthly market rent
Share of gross income17.3%Recommended max: 30%
Annual income needed$38,240To meet the 30% standard
Max affordable rent$1,662At 30% of $66,468
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Lawrence County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$685$8,220$27,40012.4%
1-Bedroom Apartment$729$8,748$29,16013.2%
2-Bedroom ApartmentBenchmark$956$11,472$38,24017.3%
3-Bedroom Home$1,146$13,752$45,84020.7%
4-Bedroom Home$1,447$17,364$57,88026.1%

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

What a typical income covers in Lawrence County, IN

The 50/30/20 rule applied to the local median of $66,468 a year ($5,539 a month before tax).

Needs (50%)$2,770/moRent ($956 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,662/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,108/moEmergency fund, retirement, paying down loans

What $66,468 leaves after Indiana taxes

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

$66,468
$25,000$135,000
Filing status:
Gross salary breakdown$66,468
Net 81%
Fed 9%
IN 3%
FICA 8%
Annual take-home$53,656After all taxes
Monthly deposit$4,471Estimated per month
Biweekly paycheck$2,064Every 2 weeks (26/yr)
Effective tax rate19.3%Total tax burden
Federal income tax$5,796 / yr
Indiana state income tax$1,931 / yr
FICA (Social Security & Medicare)$5,085 / yr

Living in Lawrence County, IN: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Lawrence County, IN is $66,468 per year (approximately $5,539 per month).

What is the average rent in Lawrence County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $685 for a studio, $729 for one bedroom, $956 for two, $1,146 for three and $1,447 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 Lawrence 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 Lawrence County, IN?

To keep a $956 two-bedroom under 30% of gross income, a household needs about $38,240 a year, or $3,187 a month. That is 58% of what the typical household in Lawrence County, IN earns.

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

On the local median income of $66,468 ($5,539 a month before tax), the 50/30/20 rule leaves $2,770 a month for needs like rent, utilities and groceries, $1,662 for everything else and $1,108 for savings or debt. A two-bedroom at $956 takes 35% of the needs share.

How much is the electric bill in Lawrence 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.