Median income definition

Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.
Median income means the median income by household size for the applicable county, as adopted annually by the Department.
Median income means the median gross yearly income, adjusted for Actual Household Size as specified herein, in the County of Contra Costa, California, as published from time to time by HUD. In the event that such income determinations are no longer published, or are not updated for a period of at least eighteen (18) months, the County shall provide Borrower with other income determinations that are reasonably similar with respect to methods of calculation to those previously published by HUD.

Examples of Median income in a sentence

  • A national housing report found that for Pinellas households earning 50% of Adjusted Median Income or $41,050 annually, most fair market rentals are out of reach as the income required for a 2 Bedroom unit at Fair Market Rent is $53,088.

  • Among the residents, the average income is $20,196 a year placing the majority of the families under 50% Area Median Income (AMI).

  • Services are restricted to households with at least one person who has HIV/AIDS and whose total household income is less than 80% of the Area Median Income -Perform prompt housing inspections.


More Definitions of Median income

Median income means the median income by household size for the applicable county, as adopted annually by COAH or approved by the NJ Superior Court.
Median income means those incomes that are determined by the federal Department of Housing and Urban Development guidelines and adjusted for family size.
Median income means the median income by household size for the applicable
Median income means the median family income for the area in which the residence is located or the median family income for the state, whichever is greater.
Median income means area median income as determined by HUD for the San Francisco area, adjusted solely for household size, but not high housing cost area.
Median income means the median family income for the Seattle-Bellevue, WA HUD Metro FMR Area as most recently published by the Secretary of Housing and Urban Development (HUD), as amended. In the event that HUD no longer publishes median family income figures, the City may estimate the Median Income applicable to the City in such manner as the City shall determine in its sole discretion.
Median income means the median income, adjusted for family size, applicable to Placer County as published annually pursuant to Title 25 of the California Code of Regulations, Section 6932 (or its successor provision) by the United States Department of Housing and Urban Development.