Friday, August 30, 2013

Select A New State button - FY 2013 Income Limits Documentation System

Select A New State button - FY 2013 Income Limits Documentation System - Ramsey County, MNhttp://www.huduser.org/portal/datasets/il/il2013/2013summary.odn … …
www.huduser.org
For details on the calculation steps for each of the various parameters, please click the “Median Income” column heading or the Income Limits row labels (“Very Low-Income (50%) Limits”, “Extremely Low-Income (30%) Limits”, and “Low-Income (80%) Limits").


Median income in Ramsey County MN: $82.3K; 30% Extemely Low = $17.3K (1 person), $24.7K (4 people); 50% Very Low = $28.8K (1p), $41.1K (4p).

 ~ $15 an hour FULL TIME would barely get a single person above Very Low Income, $20 an hour is borderline "family of 4" Very Low Income.

~ Orange County, California is very similar.

What rents HUD will allow (rent & utilities) -The Final FY 2013 Ramsey County FMRs for All Bedroom Sizes http://tinyurl.com/q6d5dtc

~ Rents are far higher in Orange County, CA despite similar median income. The Final FY 2013 Orange County FMRs http://tinyurl.com/ojmhc28

 Top 1% of people in NYC earned 33% of the income.

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