Time for a Raise?

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.

Household SizeOne PersonTwo PeopleFour People
80% MFI

(low-income
defined by HUD)

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.)
* MFI figures were calculated by city of Austin and not defined directly by HUD.

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