Sentences with phrase «state median family»

To illustrate this point, we looked at the data on a state - by - state basis; specifically, we compared the state median family income among households with children (according to the Kids Count Data Center) to the going rates for nannies and day care.
* Based on the average cost of care for one child in relation to the state median family income among households with children
The State Median Family Income by Family Size for bankruptcy gets updated from time to time.

Not exact matches

Given the national household income is around $ 50,000 — $ 60,000 a year, simple math states that if you can generate 50,000 — 500,000 a month in pageviews, you'll be able to quit your job and support a median family in your underwear through your writing endeavors.
And Leila Bozorg, chief of staff at HPD, said infill units for tenants earning less than 60 percent of the federally set area median income — roughly $ 46,600 for a family of three — could qualify for the state's 420c tax credit.
Currently, families with income near the NY state median ($ 60,000) qualify for approximately $ 2,500 in state and federal grants, well below typical tuition charges around $ 6,400 for four - year and $ 4,400 for community colleges in New York.
The city has a median family income of $ 102,611 as of 2000, which places it among the top 100 wealthiest places in the United States with at least 1,000 households.
The law places no limits on recipients» household incomes (i.e., it's not «means - tested» for low - income families), and in fact the average adjusted gross income of recipient families was $ 51,923, slightly higher than the state's 2012 median income.
They found that tuition depends on state appropriation, median family income, out - of - state enrollment, and geographic region.
Studies in other States have also questioned the existence of any dependable correlation between a district's wealth measured in terms of assessable property and the collective wealth of families residing in the district measured in terms of median family income.
If your income is above the median income for the family your size of your household in your state, you may have to file a chapter 13 bankruptcy.
It takes the size of your family and the median income for your state into consideration.
If having a quality education isn't convincing enough, the College Board states that the median family income in 2008 for those with a bachelor's degree or more was $ 101,099, compared to $ 49,414 for those with just a high school diploma.
If you file Chapter 13 bankruptcy with income that is below the median for a family of your size in your state, your Chapter 13 payment plan will be for three years.
Under the new rules, you must take a «bankruptcy means test,» which compares your income with the median income of a family the same size in your state.
You are typically eligible to file Chapter 7 if your median income is below that of a family of your size in your the state.
Simply put, families and individuals who are at or below the state's median income for the same sized family are eligible to file a Chapter 7 bankruptcy.
To qualify to file a Chapter 7, you normally have to be able to pass a Means Test devised by federal law, or you have to be at or below the median income for a family your size in the state in which you live and are filing.
For all locations in the United States other than Alaska, Guam, Hawaii, and the U.S. Virgin Islands, the maximum guaranty is the greater of 25 percent of (a) $ 417,000 or (b) 125 percent of the area median price for a single - family residence, but in no case will the guaranty exceed 175 percent of the Freddie Mac loan limit for a single - family residence in the county in which the property securing the loan is located.
The legal test for who may file Chapter 7 Bankruptcy is a complicated two - part test that compares your income to the median income for a similar family in your state, then compares it to the amount of debt you have.
In 2014, the median family income in the United States was under $ 55,000.
Your plan may be for three years if your income is less than the state median income for your family size, and you filed Chapter 13, not chapter 7.
As noted earlier, if the Chapter 13 debtor's income is greater than the state median income for the debtor's respective family size, the plan proposed must be for 5 years.
If your household income for a family your size is less than the median income for the state, you will generally qualify to file a Chapter 7 bankruptcy.
The judge looks at your income and compares it to the median income of a family of the same size in your state.
For instance, some states such as New Jersey, New York and Louisiana have high insurance costs, especially when measured against median family income, yet their uninsured motorist rates were 12 percent or less at the time of the study.
Median income for a family is approximately $ 59,000 and with the low cost of living, that money goes significantly farther than it might elsewhere in the state.
Despite evidence of the positive impact of high - quality early childhood education for all children, it remains out of reach for most low - and moderate - income families.15 The average price of center - based care in the United States accounts for nearly 30 percent of the median family income, and only 10 percent of child care programs are considered high quality.16 Publicly funded programs — such as Head Start, Early Head Start, child care, and state pre-K programs — are primarily targeted at low - income families, but limited funding for these programs severely hinders access.17 This lack of access to high - quality early childhood education perpetuates the achievement gap, evidenced by the fact that only 48 percent of low - income children are ready for kindergarten, compared with 75 percent of moderate - or high - income children.18
The median retirement savings of all working - age families in the United States is $ 5,000, according to the Economic Policy Institute.
56 % of homebuyers are now able to afford a median - priced, existing single - family home in the state.
If the National Association of Realtors wanted to prove real estate agents sell homes for more money than FSBOs, they could easily publish a comparison of the median sale prices of homes sold with and without real estate agent assistance — and here's the important part — for single - family detached homes (only) in one region, state or metro area (only).
Earlier this month (July 2014), the Honolulu Board of Realtors stated that the median single family house price for... [Read more...]
The survey covered median prices for existing detached single - family homes in 38 markets throughout the state.
The median price of an existing, single - family home rose 8.4 % from a year ago to $ 306,820, marking the second consecutive year - over-year increase and the 10th straight month - over-month jump, according to estimates by the state Realtors» association.
If the National Association of REALTORS ® wanted to better prove their members could sell homes for more than FSBOs, they could easily publish a comparison of the median sale prices of homes sold with and without agent assistance — and here's the important part — for single - family detached homes (only) in one region or state (only).
Tennessee families pay just under $ 200 less a month than the national median for rent, and the state's median home listing price is $ 30,000 lower than the national median.
Even with the state's underwhelming median income of just $ 42,785 and a lack of family leave, Tennessee still offers families low costs and affordable living.
For single parents, South Dakota is one of the worst states to raise a family because the median household income of $ 50,957 is below the national median.
Methodology: GOBankingRates surveyed all 50 states, analyzing eight data points that served as determining factors in the ranking: (1) median household income, sourced from the Census Bureau in 2015 dollars; (2) median home listing price as of June 2017, sourced from Zillow; (3) food spending, using the grocery index sourced from Missouri Economic Research and Information Center and multiplying it against the average amount spent on food from the BLS consumer spending survey from July 2015 - July 2016; (4) employee health insurance premium contribution, sourced from the Commonwealth Fund; (5) annual child care costs for an infant and a 4 - year - old, sourced from Child Care Aware of America; (6) whether the state offers paid time - off for family leave; (7) whether the state has expanded the earned - income Tax Credit at the state level; (8) whether the state expanded Medicaid coverage as part of the Affordable Care Act.
What makes Delaware one of the best places to raise a family is the state's high median household income and support systems for low - income families, which include Medicaid expansion and an earned - income tax credit (though at a lower rate than other states).
The best states for single parents to raise a family are scattered across the country — clustered in the Midwest, where the cost of living is lower and median wages are higher, but also on the East and West Coasts, where state governments have enacted more single - parent - friendly policies.
The state's food costs are 7.8 percent lower than the national median, and child care is at least $ 1,100 cheaper a year for every age group included in this study, though the state lacks a family leave policy.
However, Arkansas isn't one of the best states to raise a family for single parents because the median household income of $ 41,371 is the second - lowest in the nation.
While the state's median income of $ 49,290 is below the $ 52,047 national median, families earning this amount and renting at a typical price could still keep housing costs fairly low at 27 percent of their pay, which is less than the 30 percent - of - income rent standard that most rental housing programs and personal finance experts use.
Connecticut is one of the better states for single parents to raise a family thanks to its high median household income of $ 70,331.
The state median household income of $ 65,321 is the fifth highest in the nation, giving families more means within which to live.
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