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Florida has the eighteenth highest per capita income in the United States of America, at $21,557 (2000). Its personal per capita income is $30,446 (2003). Florida counties ranked by per capita income
To qualify for Section 8, residents can earn no more than 80% of their local median income, which varies from metro to metro. But in Florida as a whole, the median family income is $85,500.
In other words, if say HUD determines that a local area's median income is $25,000, then the HOME funds awarded in that area should only benefit those families with incomes less than, or equal to, 80% of $25,000 (or $20,000). HUD publishes the area median incomes plus the 80% income limits every year in its website.
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
5. The Villages. 2022 1-bedroom rent: $756.00. Monthly expenditures: $1,593.23. In The Villages -- an adult retirement community and census-designated place located in central Florida -- 84% of ...
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The median household income was $50,099, and the median family income was $59,153. Males had a median income of $40,783 versus $27,240 for females. The per capita income was $28,674. About 5.1% of families and 8.0% of the population were below the poverty line, including 9.3% of those under 18 and 6.2% of those 65 or older.
According to HUD's Residential Characteristic Report, the average annual income in 2013 for a resident of a public housing unit is $13,730. [31] The same report classifies 68% of residents as Extremely Low Income, with the largest annual income bracket being $5,000 to $10,000, containing 32% of public housing residents.