Orange County NC Website
125 <br />North Carolina <br />$737 <br />$29,481 <br />2.0 <br />FY3.3 HOUSING WAGE <br />HOUSING COSTS <br />AREA MEDIAN INCOME (AMI) <br />RENTER HOUSEHOLDS <br />Hourlywage <br />Full-time jobs <br />Rent <br />Estimated Rent Full-time jobs <br />necessary to <br />Two- Incomeneeded atminimum <br />Rent affordable <br />%of total mean renter affordable at mean renter <br />afford 2 BR <br />bedroom to afford wage needed to <br />Annual affordable 301/6 at 30% <br />Number households hourly wage at mean wage needed to <br />FMR <br />FMR t 2BRFMR afford 2BRFMR <br />AMI2 a1AMI3 ofAMI' ofAMI <br />(2007 -2011) (2007 -2011) (2013) wage afford 2BRFMR <br />North Carolina <br />Combined Nonmetro Areas <br />Metropolitan Areas <br />Anson County HMFA <br />Asheville HMFA <br />Burlington MSA <br />Charlotte- Gastonia- Concord HMFA <br />Duiham ChapeTiIiil1,HMFA: <br />Fayetteville HMFA <br />Goldsboro MSA <br />Greene County HMFA <br />Greensboro -High Point HMFA <br />Greenville HMFA <br />Haywood County HMFA <br />Hickory- Lenoir- Morganton MSA <br />Hoke County HMFA <br />Jacksonville MSA <br />Fender County HMFA <br />Person County HMFA <br />Raleigh -Cary MSA <br />Rockingham County HMFA <br />Rocky Mount MSA <br />Virginia Beach- Norfalk- Newport News MSA' <br />Wilmington HMFA <br />Winston -Salem MSA <br />Counties <br />Alamance County <br />Alexander County <br />Alleghany County <br />50th percentile FMR (See Appendix A) <br />$14.17 <br />$737 <br />$29,481 <br />2.0 <br />$57,918 <br />$1,448 I <br />$17,376 <br />$434 I <br />1,180,376 <br />32% <br />$12.17 <br />$633 <br />1.2 <br />$12.66 <br />$658 <br />$26,329 <br />1.7 <br />' $50,037 <br />$1,251 <br />$15,011 <br />$375 I <br />317,360 <br />29% <br />$9.34 <br />$486 <br />1.4 <br />$11.73 I <br />$610 <br />$24,400 <br />1.6 <br />I $42,100 <br />$1,053 I <br />$12,630 <br />$316 I <br />3,049 <br />317. <br />$10.35 <br />$538 <br />1.1 <br />$14,94 f <br />$777 <br />$31,080 <br />2.1 <br />' $53,900 <br />$1,348 I <br />$16,170 <br />$404 I <br />46,457 <br />30% <br />$10.87 <br />$565 <br />1.4 <br />$1350 I <br />$702 <br />$28,080 <br />1.9 <br />I $51,700 <br />$1,293 1 <br />$15,510 <br />$388 I <br />18,818 <br />31% <br />$10.58 <br />$550 <br />1.3 <br />$1525 <br />$793 <br />$31,720 <br />2.1 <br />I $64,100 <br />$1,603 I <br />$19,230 <br />$481 I <br />189,365 <br />33% <br />$15.43 <br />$802 <br />1.0 <br />$14.37 I <br />$747 <br />$29,860 <br />2.0 <br />I $52,000 <br />$1,300 I <br />$15,600 <br />$390 I <br />49,804 <br />42% <br />$11.99 <br />$624 <br />1.2 <br />$11.75 l <br />$611 <br />$24,440 <br />1.6 <br />' $54,000 <br />$1,350 I <br />$16,200 <br />$405 I <br />17,391 <br />37% <br />$10.21 <br />$531 <br />1.2 <br />$11.73 I <br />$610 <br />$24,400 <br />1.6 <br />I $51,400 <br />$1,285 I <br />$15,420 <br />$386 I <br />2,127 <br />30% <br />$8.49 <br />$442 <br />1.4 <br />$13.48 ( <br />$701 <br />$28,040 <br />1.9 <br />I $54,500 <br />$1,363 4 <br />$16,350 <br />$409 <br />85,666 <br />357. <br />$11.64 <br />$605 <br />1.2 <br />$13,54 <br />$704 <br />$28,160 <br />1.9 <br />I $57,600 <br />$1,440 ' <br />$17,280 <br />$432 <br />28,662 <br />44% <br />$9.06 <br />$471 <br />1.5 <br />$13.87 I <br />$721 <br />$28,840 <br />1.9 <br />I $54,800 <br />$1,370 I <br />$16,440 <br />$411 <br />I 6,700 <br />25% <br />$9.79 <br />$509 <br />1.4 <br />$11,73 <br />$610 <br />$24,400 <br />1.6 <br />1 $51,100 <br />$1,276 I <br />$15,330 <br />$383 <br />' 36,534 <br />26% <br />$10.10 <br />$525 <br />1.2 <br />$12.04 <br />$626 <br />$25,040 <br />1.7 <br />I $50,300 <br />$1,258 1 <br />$15,090 <br />$377 <br />1 4,046 <br />27% <br />$7.39 <br />$384 <br />1.6 <br />$15.85 I <br />$824 <br />$32,960 <br />2.2 <br />I $48,800 <br />$1,220 <br />$14,640 <br />$366 <br />I 24,648 <br />43% <br />$10.06 <br />$523 <br />1.6 <br />$12.02 I <br />$625 <br />$25,000 <br />1.7 <br />I $57,500 <br />$1,438 I <br />$17,250 <br />$431 <br />4,319 <br />21% <br />$9.07 <br />$472 <br />1.3 <br />$12.44 I <br />$647 <br />$25,880 <br />1.7 <br />I $58,200 <br />$1,455 I <br />$17,460 <br />$437 <br />I 4,222 <br />27% <br />$8.45 <br />$440 <br />1.5 <br />$16.88 I <br />$878 <br />$35,120 <br />2.3 <br />I $75,300 <br />$1,883 I <br />$22,590 <br />$565 <br />' 132,947 <br />32% <br />$12.58 <br />$654 <br />1.3 <br />$11.75 I <br />$611 <br />$24,440 <br />1.6 <br />I $51,000 <br />$1,275 <br />$15,300 <br />$383 <br />' 10,485 <br />28% <br />$9.69 <br />$504 <br />1.2 <br />$12.19 <br />$634 <br />$25,360 <br />1.7 <br />I $55,300 <br />$1,383 I <br />$16,590 <br />$415 <br />I 21,743 <br />37% <br />$10.67 <br />$555 <br />1.1 <br />$21.85 <br />$1,136 <br />$45,440 <br />3.0 <br />I $73,300 <br />$1,833 I <br />$21,990 <br />$550 <br />I 1,829 <br />20% <br />$8.97 <br />$466 <br />2.4 <br />$15.69 I <br />$816 <br />$32,640 <br />2.2 <br />I $62,700 <br />$1,568 I <br />$16,810 <br />$470 <br />I 44,316 <br />34% <br />$11.09 <br />$577 <br />1.4 <br />$13,04 I <br />$678 <br />$27,120 <br />1.8 <br />' $59,500 <br />$1,488 I <br />$17,850 <br />$446 <br />I 56,720 <br />30% <br />$11.81 <br />$614 <br />1.1 <br />$13,50 I <br />$702 <br />$28,080 <br />1.9 <br />I $51,700 <br />$1,293 I <br />$15,510 <br />$388 <br />I 18,818 <br />3197. <br />$10.58 <br />$550 <br />1.3 <br />$11.73 I <br />$610 <br />$24,400 <br />1.6 <br />I $51,100 <br />$1,278 I <br />$15,330 <br />$383 <br />I 2,750 <br />21% <br />$7.80 <br />$406 <br />1.5 <br />$11,73 f <br />$610 <br />$24,400 <br />1.6 <br />$41,000 <br />$1,025 , <br />$12,300 <br />$308 <br />1,197 <br />257 <br />$6.04 <br />$314 <br />1.9 <br />1: FMR = Fiscal Year <br />2013 Fair Market <br />Rent (HUD, <br />2012). 2: <br />AMI = Fiscal Year <br />2013 Area <br />Median Income (HUD, 2012). <br />3: "Affordable' rents <br />represent the <br />generally accepted standard of spending not <br />more than <br />30% of gross income on gross housing costs <br />4: The federal standard for extremely low income households. <br />Does not include <br />HUD - specific adjustments. <br />National Low Income Housing Coalition • Out of Reach 2013 150 <br />s- <br />