Tennessee · Census, HUD and BEA figures · Updated

Cost of Living in Lawrence County, TN

Prices around Lawrence County, TN run 8.1% below the U.S. average (BEA, Tennessee). The typical household there earns $54,706 a year, and HUD puts a two-bedroom at $939 a month. Keeping that rent under 30% of income takes about $37,560 a year.

Lawrence County, TN at a glance

Median household income

$54,706$4,559 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$939HUD FY2026 Fair Market Rent
Price level (U.S. = 100)91.9-8.1% · BEA, Tennessee
Electricity14.1¢per kWh · EIA Residential TN
Population45,385Census ACS 5-year estimate

How much rent can you afford in Lawrence County, TN?

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$939Monthly market rent
Share of gross income20.6%Recommended max: 30%
Annual income needed$37,560To meet the 30% standard
Max affordable rent$1,368At 30% of $54,706
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Lawrence County, TN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$711$8,532$28,44015.6%
1-Bedroom Apartment$716$8,592$28,64015.7%
2-Bedroom ApartmentBenchmark$939$11,268$37,56020.6%
3-Bedroom Home$1,126$13,512$45,04024.7%
4-Bedroom Home$1,243$14,916$49,72027.3%

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

What a typical income covers in Lawrence County, TN

The 50/30/20 rule applied to the local median of $54,706 a year ($4,559 a month before tax).

Needs (50%)$2,279/moRent ($939 2-BR), utilities (~$127/mo), groceries, transit
Wants (30%)$1,368/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$912/moEmergency fund, retirement, paying down loans

What $54,706 leaves after Tennessee taxes

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

$54,706
$20,000$110,000
Filing status:
Gross salary breakdown$54,706
Net 84%
Fed 8%
FICA 8%
Annual take-home$46,136After all taxes
Monthly deposit$3,845Estimated per month
Biweekly paycheck$1,774Every 2 weeks (26/yr)
Effective tax rate15.7%Total tax burden
Federal income tax$4,385 / yr
Tennessee state income taxNo state wage tax$0
FICA (Social Security & Medicare)$4,185 / yr

Living in Lawrence County, TN: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Lawrence County, TN is $54,706 per year (approximately $4,559 per month).

What is the average rent in Lawrence County, TN?

The closest official figure is HUD's Fair Market Rent for 2026: $711 for a studio, $716 for one bedroom, $939 for two, $1,126 for three and $1,243 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, TN expensive to live in?

Prices there run 8.1% below the U.S. average. BEA's regional price parity for Tennessee is 91.9, 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 Lawrence County, TN?

To keep a $939 two-bedroom under 30% of gross income, a household needs about $37,560 a year, or $3,130 a month. That is 69% of what the typical household in Lawrence County, TN earns.

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

On the local median income of $54,706 ($4,559 a month before tax), the 50/30/20 rule leaves $2,279 a month for needs like rent, utilities and groceries, $1,368 for everything else and $912 for savings or debt. A two-bedroom at $939 takes 41% of the needs share.

How much is the electric bill in Lawrence County, TN?

Homes in Tennessee paid 14.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $127. Your bill depends mostly on heating and cooling.