Sentences with phrase «area median income calculations»
Not exact matches
The assemblyman did say, however, that he would push to reformulate the calculation of «area median income» — an average of earnings that is used to determine what constitutes «affordability.»
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«The average two - person Austin household, earning the area's median income of $ 65,100, falls well short of what is needed to afford the median home price in Central Austin, according to mortgage calculations.