Sentences with phrase «average median income»

On average, the rents on one - and two - star properties constituted just 16.5 percent of average median incomes in metro areas nationwide as of August 2016, according to CoStar.

With South Carolina being a state of below average median income, jurisprudence should encourage clear rules in order to reduce legal fees.

Mortgage payments as a percentage of income (MPPI) rose 0.6 points, as a 6.6 % increase in house prices outweighed lower mortgage rates and a higher average median income.

As of September, the program has rehabbed and sold 72 homes to home buyers who met the 120 percent of average median income requirements.

Rents in four - and five - star properties, on the other hand, constituted 26.4 percent of average median incomes.

Their income must also be below 80 percent of the city's average median income.»

Tennessee has a below - average median income and low interest rates, with an average APY of 0.25 %.

Vermont has a higher - than - average cost of living, but a lower - than - average median income.

Even though the cost of living is relatively high in Delaware, the state also has an above - average median income of $ 61,017 and a higher average savings APY of 0.73 %.

The annual expenditures in Connecticut are an estimated $ 71,581, so even with added savings thanks to an above - average median income, $ 1 million will only last 14.2 years in Connecticut.

Pennsylvania has an above - average cost of living and below - average median income.

FitzPatrick's 615 employees make an average of $ 119,000 in salary and benefits in a county with below - average median income and the highest unemployment rate in the state.

Under MIH, 88 apartments — 50 at the Flushing Avenue building and 38 on Franklin Avenue — would be reserved for residents with incomes averaging 80 percent or below the Average Median Income, or $ 62,250 for a family of three.

Under the developer's proposal, about 30 percent of units would be permanently affordable to people with incomes averaging 80 percent or below the average median Income, which is $ 62,250 for a family of three.

Exploring the latter aspect, the 2011 Census revealed that the median annual income of a bachelor degree - holding, full - time employee in the field of education is $ 41,000, a salary that is markedly less than the average median income of the United State (i.e. $ 56,500)(United States Census Bureau).

Note: gazillion is a technical term, which in this case means something less than a million and more than the average median income in my state.

No income limits for properties in low income census tracts, 100 % of average median income (AMI) in high minority census tracts, and 80 % of AMI in all other properties

This area also has an above - average median income and a below - average cost of living.

In one of the more bustling states in the South, the Raleigh - Cary area has an above - average median income and a below - average cost of living.

The average median income for the areas we looked at is $ 41,625.

Paul has an average median income of almost $ 70,000 / year where as a city like Shreveport with a much lower average credit score, has a median income of only $ 42,157.

Depending on where you're choosing to purchase your home, income limits may be higher or lower depending on that particular area's average median income.

To qualify for a USDA mortgage, your overall annual household income must not exceed 115 % of the average median income for that particular area.

Borrowers eligible for this program do not make more than 115 % of the average median income for the area.

Global Green is welcoming all offers, but reserves the right to require buyers to be at 80 - 100 % average median income and additionally grants preference to past or present residents of the Lower 9th Ward and / or teachers, community organizers, first responders, or nonprofit employees in New Orleans.

The average median income is also $ 58,932, which allows many young adults to afford to purchase their first home.

Buyers who have incomes above the average median income can receive a lender contribution of $ 2 for every $ 1 crowdfunded, up to $ 1,000 or 1 percent of the purchase price.

Yes, homes in disaster areas are eligible for HomeReady ™ financing for households in which income does not exceed the average median income for the area.

«If we didn't do anything, we could quickly be down to zero housing that's affordable to people who are making 60 percent of the average median income,» said Jay Fisette, a member of the Arlington County Board.

Lifestyle centers work best in markets with higher than average median incomes, a high concentration of families and a prevalence of white collar jobs, says Robert H. Spratt Jr., president of Hill Partners Inc., a Charlotte, N.C. - based retail developer.