ms by dandanhuanghuang

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									FAIR MARKET RENTS AND HOUSING AFFORDABILITY, FY 1998, BY METROPOLITAN AREAS




                                                         1998 FAIR MARKET RENTS BY NUMBER OF BEDROOMS

                                        1990
                                     RENTER
                                     HOUSE-
METRO AREA     State                  HOLDS            Zero           One              Two              Three              Four
Mississippi                          101,093   $       339    $       395    $         471    $          639    $          712
               MS
Biloxi-Gulfport-Pascagoula, MS        36,197   $       348    $       409    $         470    $          655    $          773
Hattiesburg, MSMS                     12,517   $       257    $       316    $         386    $          519    $          619
Jackson, MS MS                        48,037   $       354    $       404    $         494    $          657    $          693




                                                                 1998 Area
                                               Renter House-       Median
                                                 holds, 1990 Income (HUD)                                                     Income Needed t
                                                                             1998 Estimated               Amount
                                                                              Renter Median
State         County             Metro Area                                          Income       One bedroom       Two bedroom
MS            DeSoto County      Memphis, TN-AR-MS 4,342      $    45,000    $       26,800   $        15,800   $        18,600
MS            Forrest County     Hattiesburg, MS     9,826    $    32,800    $       23,200   $        12,640   $        15,440
MS            Hancock County     Biloxi-Gulfport-Pa  2,478    $    35,800    $       25,300   $        16,360   $        18,800
MS            Harrison County    Biloxi-Gulfport-Pa 23,003    $    35,800    $       26,200   $        16,360   $        18,800
MS            Hinds County       Jackson, MS        34,971    $    43,300    $       28,800   $        16,160   $        19,760
MS            Jackson County     Biloxi-Gulfport-Pa 10,716    $    35,800    $       22,300   $        16,360   $        18,800
MS            Lamar County       Hattiesburg, MS     2,691    $    32,800    $       21,500   $        12,640   $        15,440
MS            Madison County     Jackson, MS         6,905    $    43,300    $       35,200   $        16,160   $        19,760
MS            Rankin County      Jackson, MS         6,161    $    43,300    $       28,100   $        16,160   $        19,760
                                                          Income Needed to Afford FMR

                                                                                          Estimated % of Renter       Estimated % Renters
                                         Amount                    Percent of AMI                median               unable to afford FMR
                          1998
                     Estimated
     1998 Area          Renter
       Median          Median        One Bed-       Two Bed-                  Two Bed-     One Bed-        Two Bed-   One Bed-
 Income (HUD)          Income           room            room One Bed- room       room         room            room       room
  $    39,388    $     27,004    $    15,780    $     18,832           40%        48%          58%             70%        31%
  $    35,800    $     24,984    $    16,360    $     18,800           46%        53%          65%             75%        35%
  $    32,800    $     22,835    $    12,640    $     15,440           39%        47%          55%             68%        30%
  $    43,300    $     29,630    $    16,160    $     19,760           37%        46%          55%             67%        28%




Income Needed to Afford FMR                          % Renters unable to afford
       Percent of AMI         % of Renter median               FMR
                       Two                                                  Two
  One bedroom      bedroom One bedroom Two bedroom One bedroom         bedroom           County
          35%          41%         59%           69%          31%           37%          DeSoto County
          39%          47%         54%           67%          28%           35%          Forrest County
          46%          53%         65%           74%          34%           39%          Hancock County
          46%          53%         62%           72%          33%           38%          Harrison County
          37%          46%         56%           69%          30%           37%          Hinds County
          46%          53%         73%           84%          39%           43%          Jackson County
          39%          47%         59%           72%          31%           38%          Lamar County
          37%          46%         46%           56%          25%           30%          Madison County
          37%          46%         58%           70%          31%           37%          Rankin County
                                                                                Work Hours/week
Estimated % Renters     Hourly Wage Needed to            Percent of Federal   Necessary at Minimum
unable to afford FMR            Afford                Minimum Wage (@$5.15)          Wage




             Two Bed-       One Bed-       Two Bed-     One Bed-   Two Bed-    One Bed-    Two Bed-
                room           room           room         room       room        room        room    METRO AREA
                 37%    $       7.59   $       9.05        147%       176%           59          70   Mississippi
                 39%    $       7.87   $       9.04        153%       176%           61          70   Biloxi-Gulfport-Pascagoula, MS
                 35%    $       6.08   $       7.42        118%       144%           47          58   Hattiesburg, MS
                 35%    $       7.77   $       9.50        151%       184%           60          74   Jackson, MS
ort-Pascagoula, MS

								
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