Blog about NYC real estate by NYC Broker Mitchell Hall. Homes, architecture, neighborhoods, new developments, market reports, trends and more...

HDFC Coops | 2022 NYC Area Medium Income (AMI)

 New York City Area Median Income (AMI)

The median income for all cities across the country is defined each year by the U.S. Department of Housing and Urban Development (HUD). The 2022 AMI for the New York City region is $133,400 for a four-person family (100% AMI).


2022 New York City Area AMI

Family Size30% AMI40% AMI50% AMI60% AMI70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI130% AMI165% AMI
1$28,020$37,360$46,700$56,040$65,380$74,720$84,060$93,400$102,740$112,080$121,420$154,110
2$32,040$42,720$53,400$64,080$74,760$85,440$96,120$106,800$117,480$128,160$138,840$176,220
3$36,030$48,040$60,050$72,060$84,070$96,080$108,090$120,100$132,110$144,120$156,130$198,165
4$40,020$53,360$66,700$80,040$93,380$106,720$120,060$133,400$146,740$160,080$173,420$220,110
5$43,230$57,640$72,050$86,460$100,870$115,280$129,690$144,100$158,510$172,920$187,330$237,765
6$46,440$61,920$77,400$92,880$108,360$123,840$139,320$154,800$170,280$185,760$201,240$255,420
7$49,650$66,200$82,750$99,300$115,850$132,400$148,950$165,500$182,050$198,600$215,150$273,075
8$52,830$70,440$88,050$105,660$123,270$140,880$158,490$176,100$193,710$211,320$228,930$290,565

Source: U.S. Department of Housing and Urban Development

Income Bands and Percent of AMI

Income BandPercent of AMI
Extremely Low-Income0-30%
Very Low-Income31-50%
Low-Income51-80%
Moderate-Income81-120%
Middle-Income121-165%
When buying or selling an HDFC Coop it is important to use a broker that understands the rules, restrictions, and nuances of HDFC coops. NYC Broker, Mitchell Hall is a recognized expert and leader in the HDFC coop market. 

No comments

All related comments are welcome. Spam and spammy links will not be published and will be deleted.

Powered by Blogger.