Sentences with phrase «median family income of»

Consider again this same «typical family of four,» but this time assign them a median family income of $ 73,000 rather than the median household income of $ 59,000 as per the example put forward by the House Ways and Means Committee.
The most affordable major housing market in this year's second quarter was Youngstown - Warren - Boardman, Ohio - Pa., where 93.4 percent of homes sold during the period were affordable to households earning the area's median family income of $ 55,700.
All of this is applied to a median family income of about $ 51,000 annually — before taxes.
They earn an annual median family income of $ 57,088 living and working in a scenic valley on the banks of the Arkansas River in south central Kansas.
Combined with a median family income of $ 34,601, that makes it an affordable city for nearly everyone.
By 2025, the average family could be saving $ 3,500 per year due to hydraulic fracturing, a staggering figure in a country with a median family income of just $ 52,000.
Income thresholds are created by comparing the median family income of lower income areas to the median family income of a broader area.
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.

Not exact matches

The goal was to draw attention to the digital economy's warts: the disappearance of jobs and the reduction in median family income.
He uses three income - based measures of poverty: the LIM, the LICO, and what he has labelled the Elderly Relative Poverty Measure (ERPM), which is similar to the LIM but excludes the elderly from the base calculation of median family adjusted income.
Meanwhile, the average American family in 1986 was making nearly half of what the Oracle of Omaha was earning in salary; the median household income in 1986 was $ 24,900.
To find out what a typical mortgage with Wells Fargo might cost, we used the American median household income, median single - family home price and a 10 % down payment on a 30 year fixed - rate loan of $ 178,200.
For the same year the Median Income for a family of four in Canada was something less than that, and for an individual it was a whole lot less.
Rising home prices, despite an increase in the national family median income ($ 67,723) 4, slightly decreased affordability in the third quarter compared to the third quarter of last year.
(1) employment growth, sourced from the Bureau of Labor Statistics Economic Summaries in August 2016, with the percentage representing the employment change from June 2015 to June 2016 in each city; (2) population growth, based on and sourced from the 2014 and 2015 Census, with the percentage representing the change in population from 2014 to 2015; (3) increase in home values, based on Zillow Home Value, with the percentage representing the change in median home values for single - family homes from June 2015 to June 2016, sourced August 2016; (4) years to pay off property, which was based using the median home value for July 2016 and the median rent for a single - family residence for July 2016, both sourced from Zillow; median rent was multiplied by 12 to obtain yearly rent and then home value was divided by yearly rent to determine how many years it would take for the home to be paid off from rental income using current home values and rent prices for each city.
That means the monthly P&I payment can not exceed 25 percent of the median family monthly income.
To interpret the indices, a value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median - priced home.
But median family income - the income of a family in the middle of the distribution, a better indicator of how typical American families are doing - grew only 10 percent.
Median family income has risen only about 0.5 percent per year - and as far as we can tell from somewhat unreliable data, just about all of that increase was due to wives working longer hours, with little or no gain in real wages.
As CNN has it, «The median upper - income family (those who make more than $ 127,600) now holds 75 times the wealth of the median low - income family (those who make less than $ 42,500), according to an analysis of the data by the Pew Research Center.»
The goal should be to provide an income floor for each family which is at least one - half of the median family income for the country as a whole for that particular year.
In terms of total property tax rate, Glen Ellyn was near the highest, with the taxes making up about 9 percent of the median family income, compared to Western Springs» 5.5 percent.
The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).
Next year, a typical family earning the median Capital Region income will keep about $ 2,000 more under the changes, according to E.J. McMahon of the Empire Center for Public Policy.
The homes will incorporate water - use reduction, insulation, and other green building features, and will be affordable to families at or below 90 percent of area median income.
All two and three bedroom units, ranging in size from 952 square feet to 1,282 square feet, will provide housing for families at or below 60 % of the Area Median Income.
Elderly Population Single Parent Families In - Flow Workers Out - Flow Workers Median Household Income Number of Persons in Poverty Percent of Persons in Poverty
A low - income family is measured at earning less than 60 % of the median income.
Under that proposal, a total of 112 units would be permanently affordable to people making 80 percent of the Area Median Income (AMI) of $ 62,150 per year for a family of three.
He says donors to the Comptroller's race can donate $ 19,000 for the primary and $ 41,000 for the general election, which is more than the median family income in New York of $ 55,000.
Even before the onset of the UK's deepest recession in a generation, official figures showed that only the better - off families were spared from a squeeze on living standards that saw median income virtually unchanged and fresh cuts in real pay for those on the lowest salaries.
Of the 77,651 units financed by the administration so far, 11,505 were for families of three making less than $ 25,770 a year, or 30 percent on the area median income (AMI), and another 13,277 were for families making between $ 25,771 - $ 42,950 (31 - 50 percent AMIOf the 77,651 units financed by the administration so far, 11,505 were for families of three making less than $ 25,770 a year, or 30 percent on the area median income (AMI), and another 13,277 were for families making between $ 25,771 - $ 42,950 (31 - 50 percent AMIof three making less than $ 25,770 a year, or 30 percent on the area median income (AMI), and another 13,277 were for families making between $ 25,771 - $ 42,950 (31 - 50 percent AMI).
Although the Council expanded the income levels that the plan would serve by adding an option to make 20 percent of units affordable to people who make 40 percent of area median income — $ 34,520 for a family of four — Amritt maintained that this was still too expensive for some residents of his district, which encompasses Hunts Point and Longwood in the South Bronx.
The first option would require the builder to allocate a quarter of their new units to people making 60 percent of the federally - set area median income — meaning the apartments would be priced for a family of three making $ 47,000 annually.
The second would have obligated the developer to set aside 30 percent of their new building for people making 80 percent of the area median income, or $ 62,000 for a family of three.
Their revised plan features a shorter building, and also reduces the income cap on affordable units from 80 percent of the Area Median Income (AMI)-- or $ 62,150 per year for a family of three — to 40 percent of AMI, or $ 31,080 for a family of income cap on affordable units from 80 percent of the Area Median Income (AMI)-- or $ 62,150 per year for a family of three — to 40 percent of AMI, or $ 31,080 for a family of Income (AMI)-- or $ 62,150 per year for a family of three — to 40 percent of AMI, or $ 31,080 for a family of three.
On average, such units would be rented to families earning 60 percent of the area's median income, which currently amounts to $ 46,620 for a family of three.
► Developers consider making 25 percent of the units affordable at a lower income range — 60 percent area median income, or $ 48,960 for a three - person family.
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.
According to census data the current average median family income for an East Harlem family of four is $ 33,600, according to 2010 - 2012 estimates from the U.S. Census Bureau.
McMahon also ran the numbers for a typical upstate middle class family, choosing the Albany suburb of Latham, where the median income is around $ 83,000.
That amounts to $ 46,620 a year for a family of three, which is well above East New York's median income.
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.
Of its 27,000 residents, 15 percent are unemployed, almost 44 percent are below the poverty line and the median family income is around $ 22,000, according to census reports.
Lower median - income families were more likely to choose the open procedure than those of higher median incomes, but after accounting for the income difference, patients and parents exposed to the cost information still were 1.7 times more likely to choose the open procedure.
To conduct the study, the researchers enrolled 200 children and parents from families with a median yearly income of $ 18,000.
The median income of the families of the young athletes was approximately $ 70,000; approximately 11 percent came from low - income neighborhoods, while 19 percent are on public aid.
In California, both NME and pertussis clusters were associated with factors characteristic of high socioeconomic status such as lower population density; lower average family size; lower percentage of racial or ethnic minorities; higher percentage of high school, college, or graduate school graduates; higher median household income; and lower percentage of families in poverty.
Because the administrative files provide only a very coarse measure of family socioeconomic status — eligibility for the federal free or reduced - price lunch program — we constructed an additional proxy for family income by matching each student's residential address to U.S. Census data on the median household income in the student's neighborhood.
We also conducted a more sophisticated analysis that measures the relationship between a family's demographic characteristics (such as eligibility for free - or reduced - price lunch, median household income of the student's residential neighborhood, race, and student prior achievement level), a school's poverty level, and the likelihood that the parent makes a request.
a b c d e f g h i j k l m n o p q r s t u v w x y z