Spencer County, KY
FY2026 HUD income limits and FY2026 Fair Market Rents for the Louisville, KY-IN HUD Metro FMR Area area. 2BR FMR: $1,272/month · HUD Median Family Income: $99,000/year.
Key HUD figures for Spencer County, KY
HUD area: Louisville, KY-IN HUD Metro FMR Area
- Fair Market Rent (2BR)
- $1,272
- HUD Median Family Income
- $99,000
- Very Low Income (50%) — 4-person
- $49,500
- Low Income (80%) — 4-person
- $79,200
- HUD Year
- 2026
- FMR Year
- 2026
per month
area median family income, per year
annual household limit
annual household limit
income limits
fair market rents
Fair Market Rents by bedroom
| Unit size | Monthly FMR | Annualized FMR |
|---|---|---|
| Studio / efficiency | $966 | $11,592 |
| 1 bedroom | $1,047 | $12,564 |
| 2 bedrooms(reference benchmark) | $1,272 | $15,264 |
| 3 bedrooms | $1,625 | $19,500 |
| 4 bedrooms | $1,891 | $22,692 |
Compare 2BR Fair Market Rent
- Lower 2BR FMR: Livingston County, KY $1,158/month
- Higher 2BR FMR: Christian County, KY $1,346/month
HUD income limits by household size
| Income limit category | 1 person | 2 persons | 3 persons | 4 persons | 5 persons | 6 persons | 7 persons | 8 persons |
|---|---|---|---|---|---|---|---|---|
| Extremely Low Income | $20,800 | $23,800 | $27,320 | $33,000 | $38,680 | $44,360 | $50,040 | $55,720 |
| Very Low Income (50%) | $34,650 | $39,600 | $44,550 | $49,500 | $53,500 | $57,450 | $61,400 | $65,350 |
| Low Income (80%) | $55,450 | $63,400 | $71,300 | $79,200 | $85,550 | $91,900 | $98,250 | $104,550 |
These are HUD income limits for the Louisville, KY-IN HUD Metro FMR Area area. They are thresholds published by HUD, not an eligibility determination: individual programs apply their own rules, and adjusted-income definitions (deductions, allowances, and which household members count) can change whether a given household qualifies.
How Spencer County compares within KY
- Applicable HUD 2BR FMR
- $1,272
- Median 2BR FMR across county records in KY
- $900
- Difference
- +$372
- Difference (%)
- +41.3%
- Rank in state
- Tied at 9 of 120
The two-bedroom Fair Market Rent applicable to Spencer County is above the state median for KY. It is tied at rank 9 of 120 county records by 2BR FMR, sharing that rank with 10 other county records at the same rent.
The other 7 records in this HUD area use the same 2BR FMR and therefore share this rank. The statewide tie also includes records from other HUD areas.
Rank 1 is the highest 2BR FMR in the state, and county records with an identical rent share a rank. “Approximately at the state median” means within 2% of it. The median is taken across the 120 county records published for KY — it is not weighted by households or population, and it is not a median over unique HUD areas, so a HUD area covering several counties counts once per county record.
Rent benchmark vs HUD Median Family Income
- Annualized 2BR FMR
- $15,264
- HUD Median Family Income (annual)
- $99,000
- Annualized 2BR FMR as a share of HUD Median Family Income
- 15.4%
12 × $1,272
This is a ratio between two HUD benchmarks for the Louisville, KY-IN HUD Metro FMR Area area: the annualized two-bedroom Fair Market Rent divided by HUD Median Family Income. It is not a measured rent burden, not the share of income any particular family spends on housing, and not an affordability or eligibility determination.
HUD area for this county
- HUD area name
- Louisville, KY-IN HUD Metro FMR Area
- HUD area code
- METRO31140M31140
- Income limits fiscal year
- FY2026
- Fair Market Rent fiscal year
- FY2026
HUD income limits and Fair Market Rents apply to HUD-defined areas that can cover multiple geographic entities. The values on this page are those assigned to this HUD entity record; entities sharing the same HUD area can have identical figures.
Other counties in this HUD area
7 other county records are assigned to this HUD area. Spans IN and KY.
- Clark County, IN
- Floyd County, IN
- Harrison County, IN
- Bullitt County, KY
- Henry County, KY
- Jefferson County, KY
+ 1 more in this HUD area.
National economic context
The figures below are federal and national. They are not specific to Spencer County and do not vary between counties.
Inflation (official BLS CPI-U national series)
Loading chart…
Fonte Dati: bls.gov — BLS CPI-U CUUR0000SA0
Mostra Dati in Tabella
| Date (YYYY-MM) | Year | Period | Value |
|---|---|---|---|
| 2023-07 | 2023 | M07 | 305.691 |
| 2023-08 | 2023 | M08 | 307.026 |
| 2023-09 | 2023 | M09 | 307.789 |
| 2023-10 | 2023 | M10 | 307.671 |
| 2023-11 | 2023 | M11 | 307.051 |
| 2023-12 | 2023 | M12 | 306.746 |
| 2024-01 | 2024 | M01 | 308.417 |
| 2024-02 | 2024 | M02 | 310.326 |
| 2024-03 | 2024 | M03 | 312.332 |
| 2024-04 | 2024 | M04 | 313.548 |
| 2024-05 | 2024 | M05 | 314.069 |
| 2024-06 | 2024 | M06 | 314.175 |
| 2024-07 | 2024 | M07 | 314.54 |
| 2024-08 | 2024 | M08 | 314.796 |
| 2024-09 | 2024 | M09 | 315.301 |
| 2024-10 | 2024 | M10 | 315.664 |
| 2024-11 | 2024 | M11 | 315.493 |
| 2024-12 | 2024 | M12 | 315.605 |
| 2025-01 | 2025 | M01 | 317.671 |
| 2025-02 | 2025 | M02 | 319.082 |
| 2025-03 | 2025 | M03 | 319.799 |
| 2025-04 | 2025 | M04 | 320.795 |
| 2025-05 | 2025 | M05 | 321.465 |
| 2025-06 | 2025 | M06 | 322.561 |
| 2025-07 | 2025 | M07 | 323.048 |
| 2025-08 | 2025 | M08 | 323.976 |
| 2025-09 | 2025 | M09 | 324.8 |
| 2025-11 | 2025 | M11 | 324.122 |
| 2025-12 | 2025 | M12 | 324.054 |
| 2026-01 | 2026 | M01 | 325.252 |
| 2026-02 | 2026 | M02 | 326.785 |
| 2026-03 | 2026 | M03 | 330.213 |
| 2026-04 | 2026 | M04 | 333.02 |
| 2026-05 | 2026 | M05 | 335.123 |
| 2026-06 | 2026 | M06 | 333.952 |
| 2026-07 | 2026 | M07 | 333.918 |
Purchasing power decision engine
Decision snapshot (server-rendered)
Baseline: HUD Median Family Income adjusted from 2025-07 to 2026-07 using embedded CPI-U monthly series.
- Adjusted income is near the local median and/or purchasing power decreased materially.
- This suggests moderate affordability risk under CPI-U adjustment assumptions.
Purchasing power decision tool (CPI-U monthly)
This module converts an annual income from 2025-07 into its 2026-07 equivalent using the CPI-U series, then compares it to the HUD Median Family Income for Spencer County, KY.
The baseline is HUD's Median Family Income for the HUD area, not a Census median household income. The CPI-U series is the official BLS CUUR0000SA0 index, unadjusted; months BLS did not publish are left out rather than interpolated.
HUD Median Family Income (annual): $99,000
Decision output
- Adjusted income is near the local median and/or purchasing power decreased materially.
- This suggests moderate affordability risk under CPI-U adjustment assumptions.
Methodology & assumptions (v1.0)
Adjusted income is computed as Income × CPI(to) / CPI(from) using CPI-U monthly index values embedded in this page.
- CPI-U is an aggregate price index for urban consumers; individual consumption patterns may differ.
- No interpolation is applied; both selected months must exist in the dataset.
- HUD Median Family Income is treated as the annual reference benchmark for the applicable HUD area, compared to adjusted annual income.
- This module performs a historical transformation, not a forecast.
IRS reference
Publication 15-T (2026) — Federal Income Tax Withholding Methods. Official IRS publication →
Reference only. GovCalculator does not compute federal income tax withholding. The publication's withholding methods and tables are not ingested or modelled here.
Sources & methodology
HUD income limits and Fair Market Rents are taken from the fiscal-year tables HUD publishes per HUD-defined area — which can include more than one county — and joined to this county record. State comparisons are computed across the 2BR Fair Market Rents of the county records in the same state; the median uses the middle value and is not weighted by households or population, rank 1 is the highest rent in the state, and county records with identical rents share a rank.
The income figure used throughout this page is HUD's Median Family Income for the HUD area above. It is not a Census median household income and the two are not interchangeable.
The purchasing power module applies a historical CPI ratio: Adjusted = Nominal × CPI(to) / CPI(from). No interpolation is applied and missing months are not imputed; CPI-U is a historical index, not a forecast. The “STABLE” target adds a fixed +10% buffer over the local HUD Median Family Income — that buffer is a GovCalculator heuristic, not a HUD, BLS or IRS determination.
The CPI-U series is the official BLS CUUR0000SA0 index, not seasonally adjusted, taken from the published BLS series: 36 published monthly observations. Months BLS did not publish are not interpolated. IRS Publication 15-T is cited as an official reference only — no federal withholding is calculated anywhere on this site.
Verify eligibility requirements with local program administrators: household size, deductions, and program-specific definitions can materially change outcomes.
FAQ
Which HUD area do the figures for Spencer County, KY come from?
HUD assigns this county to the Louisville, KY-IN HUD Metro FMR Area area (code METRO31140M31140). A HUD area can cover more than one county, so the area name is not always identical to the county name.
Which fiscal years are shown on this page?
Income limits are FY2026 and Fair Market Rents are FY2026.
What is the Fair Market Rent (2BR) here?
The two-bedroom Fair Market Rent is $1,272 per month. Fair Market Rents for studio through four-bedroom units are listed in the bedroom table above.
Do the income limits on this page decide whether I qualify?
No. They are the thresholds HUD publishes for this area. Programs apply their own rules, and adjusted-income definitions — deductions, allowances, and which household members count — can change the outcome for a given household.
What does the FMR-to-median-family-income share mean?
It is the annualized two-bedroom Fair Market Rent divided by HUD Median Family Income for the same area, here 15.4%. Both inputs are HUD area benchmarks, so it is not a measured rent burden and not an affordability determination.
How does Spencer County rank within KY?
Its applicable two-bedroom Fair Market Rent is tied at rank 9 of 120 county records in KY, shared with 10 other county records at the same rent. Rank 1 is the highest rent in the state and county records with identical rents share a rank. That places it above the state median.
Is the CPI-based purchasing power module a forecast?
No. It is a historical adjustment using CPI-U monthly index values: Adjusted = Income × CPI(to) / CPI(from). It does not predict future inflation.
Does this page calculate federal income tax withholding?
No. GovCalculator does not compute federal withholding anywhere. IRS Publication 15-T is cited as an official reference only; its withholding methods and tables are not ingested or modelled here.
Disclaimer: Estimates are informational and may not reflect every program rule or household adjustment. Always consult official guidance for Spencer County, KY.