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TwitterThis is a historical measure for Strategic Direction 2023. For more data on Austin demographics please visit austintexas.gov/demographics. Austin's share of regional households whose income is less than 60% of Median Family Income and the change since 2016. Austin's share of regional households whose income is less than 60% of Median Family Income and the change in that share since 2016. This metric helps us to understand where low income households live in the Austin area since some lower income households may be forced to move from the city to the outskirts in order to seek more affordable housing opportunities. The data source for this measure is the U.S. Census Bureau's American Community Survey 1-Year Estimates, table S1901. The percentage of all Austin MSA households whose income is less than 60% median family income (MFI) within the City of Austin was calculated by dividing the number of households whose income is less than 60% MFI in Austin by the number of households whose income is less than 60% MFI in the Austin MSA.
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This dataset provides information about the median family income in Austin (SD23 measure EOA.B.6). Median family income (MFI) is calculated annually by the U.S. Department of Housing and Urban Development (HUD) to help set income limits that determine eligibility for assisted housing programs. This dataset includes the MFI calculated by HUD for the Austin-Round Rock MSA and the United States. For years prior to FY 2016, HUD reported on the Austin-Round Rock-San Marcos MSA instead of the Austin-Round Rock MSA.
This information is important in understanding economic and affordability trends in Austin. Additionally, the Housing and Planning Department uses median family income data in setting income limits for affordable housing programs in Austin.
View more details and insights related to this dataset on the story page: https://data.austintexas.gov/stories/s/Median-Family-Income/r93e-edn2
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TwitterThis is a historical measure for Strategic Direction 2023. For more data on Austin demographics please visit austintexas.gov/demographics. Austin's share of regional households whose income is less than 60% of Median Family Income and the change since 2016. Austin's share of regional households whose income is less than 60% of Median Family Income and the change in that share since 2016. This metric helps us to understand where low income households live in the Austin area since some lower income households may be forced to move from the city to the outskirts in order to seek more affordable housing opportunities. The data source for this measure is the U.S. Census Bureau's American Community Survey 1-Year Estimates, table S1901. The percentage of all Austin MSA households whose income is less than 60% median family income (MFI) within the City of Austin was calculated by dividing the number of households whose income is less than 60% MFI in Austin by the number of households whose income is less than 60% MFI in the Austin MSA.