2006 MEDIAN FAMILY INCOME LIMITS

Median Family Income (MFI) is a measurement often used to set limits on who is eligible for various housing programs. MFI is based on household size and it is adjusted annually.

Generally speaking, programs that help households become first-time home buyers help households earning 80% or below MFI. Most - but not all - rental housing offered by Willamette Neighborhood Housing Services is rented to households earning 50% or below MFI. A few rental units are set aside for households earning 30% or below MFI.

The following tables should be used only as a guideline to help you get an idea of our eligibility guidelines. Keep in mind that determination of your household income might be affected by certain expenses and sources of income. The best way to know if you qualify for home ownership programs is to take our Home Buyer Education class. The best way to know if you qualify for our affordable rental units is to contact the property manager for the property in which you’re interested.

CORVALLIS, OREGON AREA

% of Median Family Income $	Household Size
empty	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
80%	38,150	43,600	49,050	54,500	58,850	63,200	67,600	71,950
50%	23,850	27,250	30,650	34,050	36,750	39,500	42,200	44,950
30%	14,300	16,350	18,400	20,450	22,100	23,700	25,350	27,000

 

LINN COUNTY, OREGON AREA

% of Median Family Income $	Household Size
empty	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
80%	29,900	34,150	38,450	42,700	46,100	49,550	52,950	56,350
50%	18,700	21,350	24,050	26,700	28,850	30,950	33,100	35,250
30%	11,200	12,800	14,400	16,000	17,300	18,550	19,850	21,100