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Juneau's median family income jumps

Posted: Sunday, April 13, 2003

JUNEAU (AP) -- The median family income in Juneau grew from $65,200 last year to $81,200 in February, according to the U.S. Department of Housing and Urban Development.

The figures are used to calculate who qualifies for rental assistance and other affordable housing programs.

James Wiedle, a planner with the Alaska Housing Finance Corp., said the increase is tied to the latest census and other factors. Last year's median family income is based on estimates derived from the 1990 census, while this year's figures use the 2000 census, he said.

Many low-income housing programs require a family's income be at 80 percent, 60 percent or 50 percent of HUD's median family income, according to the AHFC.

AHFC area coordinator Amy Hiley said the new figures could benefit people who want to take advantage of what's called Section 8 assistance for private-sector rentals in Juneau. A family or individual at 50 percent of HUD's median family income qualifies for the program. For a family of four, the new income limit would be $40,600 instead of last year's $32,600, she said.



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