Pay and cost of living in Floyd County, IN
Across the 21 occupations we cover in Floyd County, IN, the middle median salary is $44,430 a year. Pay runs from $28,690 for Fast Food and Counter Workers up to $89,140 for General and Operations Managers, a spread of $60,450. Wages come from the Louisville/Jefferson County, KY-IN survey area.
A one-bedroom apartment in Floyd County, IN has a HUD Fair Market Rent of $1,058 a month and a two-bedroom $1,276. Rent, food, home energy and gasoline for one adult add up to $19,480 a year. After federal, FICA and state income taxes, the average occupation here takes home $38,193 a year, and every one of the 21 occupations listed here earns enough take-home pay to cover the four basics.
Open any occupation below for its full payslip, the tax breakdown, the rent comparison and a plain-English explanation of what is left after the basics. Every figure uses the same method, so results are comparable from one job and one county to the next.
Housing, taxes and commute in Floyd County, IN
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Floyd County, IN, set beside the Indiana and national medians.
Median household income in Floyd County, IN is $79,704, 11% above the Indiana median of $71,957 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($12,696) equals 15.9% of that income. The median of the occupation medians listed here, $44,430, is 44% below household income, which is expected because a household can hold more than one earner.
Homeowners in Floyd County, IN pay a median of $1,736 a year in real estate taxes, 8% above the Indiana median of $1,614. With a median home value of $251,000, 15% above the Indiana median of $218,200, the ratio of the two medians is 0.69% a year.
Renters in Floyd County, IN pay a median gross rent of $1,036 a month in the Census survey, 2% below the Indiana median of $1,062. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,058; the Census figure covers rental units of every size.
Workers in Floyd County, IN who travel to a workplace spend an average of 23.1 minutes each way, 4% below the Indiana average of 24.1. 14.1% of workers work from home, compared with 15.1% nationally.