Learn More: Area Income Limits

Metadata

Variable Definition:
Extremely Low Income: The percent of families whose incomes do not exceed 30 percent of the median family income for the Riverside area 
Very Low Income: The percent of families whose incomes are between 31 and 50 percent of the median family income for the Riverside area
Low Income: The percent of families whose incomes are between 51 and 80 percent of the median family income for the Riverside area
Middle Income: The percent of families whose incomes are between 81 and 100 percent of the median family income for the Riverside area
Above Middle Income: The percent of families whose incomes exceed 100 percent of the median family income for the Riverside area
Source:
U.S. Department of Housing and Urban Development (HUD) using American Community Survey, 5-year estimates
Years Available:
2009-13, 2010-14, 2011-2015, 2012-16
Geographic Unit
Census Tract

Why are these Variables Important to Measure?

Area Median Income
Area income limits show what percent of households are making above or below a certain income threshold, which is based on an area's median income. Unlike the federal poverty line, area median income is dependent on the county or metro area in which you live. Area income limits are used by the U.S. Department of Housing and Urban Development (HUD) to determine (1) which households are eligible to live in income-restricted housing units and (2) the affordability of housing units for low-income households.  A housing unit is considered to be affordable if the occupants pay no more than 30% of their monthly income on housing costs.
The area median income in this dataset is based on the median family income for a family of four, with the area defined as the Riverside-San Bernardino-Ontario, CA metro area. According to HUD, the median family income for the Riverside metro area was $65,800 in 2018.

Citations
Metropolitan Council. AMI and Housing Affordability. March 2018. Link
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