Orange County NC Website
Attachment 2 <br />Background Income Data <br />Indicator Salary Hourly Rate <br />Orange County Median Household Income in 1999 $41,169 $19.79 <br />Orange County Low/Moderate Income (a Housing and $32,935 $15.83 <br />Urban Development measure) - 80 percent of 1999 <br />median household income <br />Half (50 percent) of 1999 median Orange County $20,585 $ 9.90 <br />household income <br />1996 Orange County Self Sufficiency Wage (Developed $34,008 $16.35 <br />by NC Equity to show the amount needed for a single <br />parent with an infant and apre-schooler) <br />Average Orange County rent ($759 per month for the $36,432 $17,52 <br />first quarter of 2000) times 4 (rule of thumb for financial <br />analysts and housing planners is that housing costs <br />should not exceed about 25 percent of income) <br />H:\e\incdata.doc <br />