Sentences with phrase «of average median incomes»

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.
Rents in four - and five - star properties, on the other hand, constituted 26.4 percent of average median incomes.
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
Borrowers eligible for this program do not make more than 115 % of the average median income for the area.

Not exact matches

The 2016 figures showed a further worsening of Hong Kong's wealth gap, as the richest 10 per cent of households - with a median monthly income of HK$ 112,450 - earned 44 times more than the poorest 10 per cent making an average of HK$ 2,560.
An average Target shopper has a median household income of more than US$ 64,000, well over the U.S. average of just above US$ 50,000 last year.
New Jersey has the highest average tax bill in the country, and the highest percentage of median income goes to paying that bill — 27.11 percent.
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.
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.
Connecticut has the second - highest total tax burden, on average, in the U.S.. Although the median household income is a high $ 71,755, taxes consume almost 24 percent of that income.
Also, the average of median incomes is nearly $ 65,000, or 41 % higher than the overall average of all cities analyzed.
New Mexico has the seventh - lowest total tax bill, on average, in the U.S. Property and income taxes paid are among the lowest of all states — due, in large part, to a low median income and a low median home value in the state.
There's a good reason we do so: The median wage actually shows the experience of workers in the middle of the distribution, whereas average wages are distorted by super-salaries paid at the very top of the income spectrum.
«Indeed, the median household currently has just over 150 percent of the income needed to buy a median - priced home, which compares to a long - run average of 125 percent,» wrote researchers at Capital Economics in a monthly report on the U.S. housing market.
Based on the median income of $ 66,149, the average Virginian will be able to save $ 1,102 per year, so $ 1 million in savings will last nearly 17.5 years in the state.
Minnesota ranks among the top 10 states for highest median income at $ 63,217, and it has a high average savings APY of 0.83 %.
However, the state does have a low median income of $ 45,674 and a low average savings APY at 0.39 %.
Vermont has a higher - than - average cost of living, but a lower - than - average median income.
Fairbanks has a better - than - average median household income, though there's a low percentage of residents holding bachelor's degrees.
A person making the median income will contribute an estimated $ 851 a year to their savings, plus earn interest at an average rate of 0.65 %.
Even though the cost of living is slightly higher in Massachusetts, the state has a higher median income and a higher average savings APY of 1.16 %, so savings will grow at a higher rate in Massachusetts, making the $ 1 million last longer.
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 %.
It actually costs more to live in Texas than Georgia, but $ 1 million in savings lasts longer in Texas thanks to a higher median income and its high average savings APY of 1.17 %.
Kentucky has one of the lowest median incomes in the country, but it also has a below - average cost of living, with estimated annual expenditures of $ 53,700.
Pennsylvania has an above - average cost of living and below - average median income.
Methodology: Based on each state's median household income, states were ranked according to the percentage of the median paycheck that was left over after subtracting the following: (1) average housing cost per paycheck, (2) total amount spent on food per paycheck, (3) total amount spent on utilities per paycheck, (4) total amount spent on transportation per paycheck and (5) total amount spent on health per paycheck.
Alaska has the second - highest median income, so residents can add an average of $ 1,241 per year if they save the equivalent of 20 percent of the median paycheck.
The average Nebraska resident can have more than 47 percent of their paychecks left over after expenses thanks to a low cost of living and a relatively high median household income.
Boomers are on average the poorest with a median income of $ 41,850, although this might be explained by the fact that many of them are already retired.
Using data from the Federal Reserve's Survey of Consumer Finances, we've broken down the median and the average by age, income and gender, so you can see how you fare compared to Americans in recent history.
As of the third quarter of 2011, the average house in Australia cost 6.7 times the country's gross annual median household income.
We estimate that in order to pay for the median home, the average full - time working woman would only need to spend 27 % of her income.
The article includes graphs of average home price to median income for 20 metro areas.
The most affordable cities and counties were those in which total housing costs on an average house accounted for the smallest proportion of the median income.
But Blomquist notes that local housing costs as a share of median income are far lower than the national average, so Montgomery County «is probably on the low end of the risk spectrum.»
According to government data, the average salary for jobs in Maiden, North Carolina is $ 25,644, and the median income of households in Maiden was $ 35,417.»
Clusters of counties with high levels of organic agricultural activity boost median household income by an average of $ 2,000 countywide.
Median household income is $ 41,326, compared to the national median of $ 52,762, and 21.5 % of the individuals in the district are below the poverty level, compared to the 14.3 % national avMedian household income is $ 41,326, compared to the national median of $ 52,762, and 21.5 % of the individuals in the district are below the poverty level, compared to the 14.3 % national avmedian of $ 52,762, and 21.5 % of the individuals in the district are below the poverty level, compared to the 14.3 % national average.
The renovations will preserve affordability for very low income seniors with an average income level of 28 percent of the Area Median Iincome seniors with an average income level of 28 percent of the Area Median Iincome level of 28 percent of the Area Median IncomeIncome.
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.
Currently it mandates developers who build in rezoned areas of the city pick from one of three options for affordable housing: 25 percent of their units rented to those making, on average, 60 percent of the Area Median Income, 30 percent at 80 percent of the AMI or 30 percent at 120 percent.
The newly opened data has already spurred news reports on how much legislators make and how rich they are — on average, they make 3x New York's median household income of $ 57,000, and 27 of 212 are millionaires.
The 2014 Housing and Vacancy Survey found that the median rent for a rent - controlled unit was $ 1,020 per month on an average income of $ 29,000 per year... or 42 % of their fixed income.
Montgomery County officials told the audience that the median household income of $ 42,830 is below the state average and the lowest of the counties in contention for a gaming hall.
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.
Five percent of the development will be priced for tenants making 60 percent of the area median income, a federally - set average of yearly wages in all of New York City and the state's surrounding suburbs, which currently sits at $ 65,000.
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.
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.»
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.
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