Time for a Raise?
Fri., March 23, 2007
Affordable rent is in parentheses; it's calculated by multiplying the median family income by .3 (as federal guidelines recommend spending no-more than 30% of your income on housing), then diving the number by 12 (as in 12 months). For Travis County, MFI in fiscal year 2006 was $69,600, for a family of four.
* MFI figures were calculated by city of Austin and not defined directly by HUD.
| Household Size | One Person | Two People | Four People |
| 80% MFI (low-income |
39,850 ($996/mo.) | 45,500 ($1,138/mo.) | 56,900 ($1,423/mo.) |
| 100% MFI* | 48,700 ($1,218/mo.) | 55,700 ($1,393/mo.) | 69,600 ($1,740/mo.) |
| 120% MFI* | 58,450 ($1,461/mo.) | 66,800 ($1,670/mo.) | 83,500 ($2,088/mo.) |
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