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Agenda - 04-19-2001-1
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Agenda - 04-19-2001-1
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Last modified
9/2/2008 1:23:58 AM
Creation date
8/29/2008 10:31:06 AM
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BOCC
Date
4/19/2001
Document Type
Agenda
Agenda Item
1
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Minutes - 04-19-2001
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\Board of County Commissioners\Minutes - Approved\2000's\2001
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5 <br />- In Orange County, a worker earning the Minimum Wage ($5,15 per hour) has to <br />work 113 hours per week in order to afford to rent atwo-bedroom apartment. <br /> <br /> Work Hours/Week Necessary at Minimum Wa a ($5.15) to Afford <br /> Location One Bedroom FMR Two Bedroom FMR Three Bedroom FMR <br /> North Carolina 67 79 105 <br /> Oran a County 96 113 151 <br />Source: National Low Income Housing Coalition <br />HOMEOWNERSHIP <br />Average Sales Price for New and existing homes in 2000 in <br />unincorporated Orange County <br />$235,633 <br />Average Sales Price for new and existing homes in 20001n the Town of Chapel Hill - <br />S2b2,1 b2 <br />Average New Home Sales Price for Single Family Detached Houses <br />in the Town of Chapel Hill <br />$311,255 <br />:s 5ald in orange County <br />Year 2000 <br />~~ r ~. <br />Number <br />40• <br />0 <br />,.' ~~~y <br />-+~'~-- <br />,v~, - - <br />.. ;f. ;~ <br />z, . <br />~: . <br />• ~~ <br />i . i~~:. <br />~'k~~i~Y~?1'1. <br />R:; ~ <br />$OK• $BOK- $10pK $12pK$140K-$160K$180K S20pK•$?20i($24pK$26pK $S <br />$80K $100K $120K $14DK $160K $780K $200K $220K $240K S260K $280K $' <br />;,, a <br />House Prloea <br />~r~F~~ <br />.. ~ 4~1~'Ai~i'~r a' <br />Source: Triangle Multiple Listing Service <br />
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