Median income Sentence Examples
The South Rossville Senior Village Apartments, located in the city of Rossville, was a former elementary school that was turned into affordable rental units for seniors with low and median income.
Regardless of the area of the country a senior's income must be 50 percent or less of the median income for that specific area.
Since the median income varies from area to area and state to state, there is not a dollar amount that is set to determine eligibility.
To qualify for housing, a senior citizen must be at least 62 years old and have an income that is less than 50 percent of the median income for the area.
The specific dollar values change each year because they are based on the median income for the area.To be classified as a very low income household the income must be 50 percent of the median income for the area or less.
Those with incomes greater than 120 percent of the area's median income are not eligible to participate in some programs.
The page will display information such as low, very low, and extremely low limits for various family sizes, and the median income for the county in which you live.
This program also offers one-percent interest loans up to $20,000 for homeowners who are below the median income in their state.
Homeowners who qualify for the free grant of $7,500 -and also fall below the median income level- can combine the two programs and obtain up to $27,500 for necessary home improvements.
Section 8 applicants need to have an income of 80 percent or less than the median income for the area.
AdvertisementAlong with other eligibility requirements, your income needs to be at or below 80 percent of the median income for the area.
Relative poverty is different from the federal poverty guidelines because it refers to how a family's income compares to the median income for their area.
According to the U.S. Census Bureau, the median income for a family in the United States in 2008 was $50,303.
To qualify for Section 8, your family's total income cannot exceed 50% of the median income for the area in which you plan to live.
Low income is defined as anything below 80% of the median income for the county where you live, with very low income being 50% or less of the median income.
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