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Resolution 7700
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Resolution 7700
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Last modified
10/22/2021 10:02:15 AM
Creation date
10/22/2021 9:59:52 AM
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Resolutions
Resolution Number
7700
Date
10/6/2021
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<br />(02/26/2019) 26 | Page <br />Affordable Housing Costs (30% of gross income): <br />100% AMI 763 1,473 1,513 1,883 <br />80% AMI 610 1,179 1,210 1,506 <br />50% AMI 381 737 756 941 <br />30% AMI 229 442 454 565 <br />Zillow Median Rent (02/19) 1,583 1,583 1,583 1,583 <br />Source: 2011-2015 American Community Survey (B19019), Zillow.com/data (Rent Index – Feb 2019), and computed <br /> <br /> <br />Source: Median Household Income (in 2015 Inflation-adjusted dollars) by Household Size, 2011-2015 ACS <br />(B19019), Zillow.com/data (Rent Index – Feb 2019), and computed <br /> <br />Housing Cost Burden for Owners <br />Owner-occupied households facing a cost burden is less numerous than renter-occupied households. <br />Low-income households, again, face the greatest burden for housing costs. <br /> <br />Table X: Housing Cost Burden for Owner Households, by Household income <br />Household Income Cost burden > <br />30% <br />Cost burden > <br />50% <br />Total Universe <br />Owner <br />Households <br /> <= 30% HAMFI 1,445 1,025 1,825 <br /> >30% to <=50% HAMFI 1,520 725 2,435 <br /> >50% to <=80% HAMFI 1,320 210 2,355 <br /> >80% to <=100% HAMFI 660 35 2,295 <br /> >100% HAMFI 760 65 9,545 <br />Total 5,705 2,060 18,450 <br />Source: 2011-2015 CHAS summary data <br /> <br />763 <br />1,473 1,513 <br />1,883 <br />229 <br />442 454 565 <br />$1,583 <br />0 <br />200 <br />400 <br />600 <br />800 <br />1,000 <br />1,200 <br />1,400 <br />1,600 <br />1,800 <br />2,000 <br />1 Person 2 People 3 People 4 People <br />Everett Affordable Rent <br />(30% of income based on household size) <br />100% AMI 80% AMI 50% AMI 30% AMI Zillow Median Rent (MF)
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