Median income sentence example
median income
- 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.Advertisement
- 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.Advertisement
- Along 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.Advertisement