HUD Publishes King County’s 2017 Median Income
The United States Department of Housing and Urban Development (HUD) has released the 2017 revised income limits, which help the HUD determine which individuals and families qualify for various affordable living programs such as Section 8, public housing and housing for the elderly. Said limits are determined by factoring in median family income estimates as well as market rent in the area.
In 2016 the median income in King County was $90,300, which put the low (80%) income limit at $69,300 for a family of four and the very low (50%) income limit at $45,150.
This year’s figures are noticeably stronger, once again proving that there is robust economic growth in the region. The median income, as determined by HUD, is $96,000, which puts the low income limit at $72,000 for a family of four and the very low limit at $48,000.
The HUD’s website offers detailed information on each county’s limits and how such figures are calculated.Email