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The following is a list of the highest-income ZCTAs in the United States. ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries.
In other words, if say HUD determines that a local area's median income is $25,000, then the HOME funds awarded in that area should only benefit those families with incomes less than, or equal to, 80% of $25,000 (or $20,000). HUD publishes the area median incomes plus the 80% income limits every year in its website.
Workforce housing may be targeted more generally at certain income levels regardless of type of employment, with definitions ranging from 50% to 120% of Area Median Income (AMI). Affordability. Mortgage lenders typically impose a limit of 28% to 36% of household income allowable for principal, interest, taxes and insurance (PITI).
New York City attracts thousands of new residents each year and housing prices continue to climb. Finding affordable housing affects a large portion of the city's population including low-income, moderate-income, and even median income families. [62] Since 1970, income has remained relatively stagnant while rent has nearly doubled for New ...
County Per capita income Median household income Median family income Population Number of households 1 Delaware: $42,069 $66,669 $76,453 142,214 62,760
Median income: $189,160 to $390,210. The top 20% of earners are in the upper class. However, the Survey of Consumer Finances breaks this group down even further into those in the 80th to 90th and ...
In Kendall, FL and Palmdale, CA, these significant declines dropped the local median household income below the U.S. median of $80,610. Seven cities had a median income below $40,000. Flint, MI ...
[12] [13] The modern metropolitan statistical area was created in 1983 amid a large increase in the number of eligible markets, which grew from 172 in 1950 to 288 in 1980; [12] [14] the core based statistical area (CBSA) was introduced in 2000 and defined in 2003 with a minimum population of 10,000 required for micropolitan areas and 50,000 for ...