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  • Myths of Affordable Housing Presentation (July 2007) - Coming Soon
 
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March 21, 2007 Income Limits
Median Family income for a family of four is $79,500
 
Household
Size
Extremely
Low Income
Very Low
Income
Tax Credit
Income
Low
Income
Median
Moderate
 
 
30%
50%
60%
80%
100%
120%
             
1
$18,000
$30,000
$36,000
$48,000
$55,700
$66,800
2
$20,550
$34,300
$41,160
$54,850
$63,600
$76,300
3
$23,150
$38,550
$46,260
$61,700
$71,600
$85,900
4
$25,700
$42,850
$51,420
$68,550
$79,500
$95,400
5
$27,750
$46,300
$55,560
$74,050
$85,900
$10,300
6
$29,800
$49,700
$59,640
$79,500
$92,200
$110,700
7
$31,850
$53,150
$63,780
$85,000
$98,600
$118,300
8
$33,900
$56,550
$67,860
$90,500
$104,900
$125,900
 
How much are you willing to spend?
 
If you earn this Hourly Income
$7.50
$12.36
$20.60
$24.72
$32.96
$38.22
$45.87
  Annual Income
$15,600
$25,700
$42,850
$51,420
$68,550
$79,500
$95,400
                 
Could you pay this? % ofMedian
Min Wage
30%
50%
60%
80%
100%
120%
 
30% of Income
$390
$643
$1,071
$1,286
$1,714
$1,988
$2,385
 
40% of Income
$520
$857
$1,428
$1,714
$2,285
$2,650
$3,180
 
50% of Income
$650
$1,071
$1,785
$2,143
$2,856
$3,313
$3,975

You may also download the spreadsheet above in PDF format by clicking here.
 
 
Area Housing Authority,
County of Ventura
1400 West Hillcrest Drive
Newbury Park, CA 91320
Phone: (805) 480-9991
Fax: (805) 480-1021