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 av
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 av
median 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 I
income seniors with an
average income level of 28 percent of the Area Median I
income 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.