![]() ![]() Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. In Quincy, HUD calculates the Area Median Income for a family of four as $76,500 For Quincy, the AMI is calculated from all households within Grant County. HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. The AMI is calculated and published each year by HUD. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Each household's income is compared to the incomes of all other households in the area. Area Median Income In QuincyĪffordable housing program eligibility is always determined by one's income. In Quincy, a household making less than $2,430 a month would be considered overburdened when renting an apartment at or above the median rent.ģ3.21% of households who rent are overburdened in Quincy. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Quincy is $48,222 a year, or $4,019 a month. 41.22% of households in Quincy are renters. There are 2,016 households in the city with an average household size of 3.54 persons. Quincy is a city in Grant County, Washington with a population of 7,163. ± 13.91pp Total Population 7,163 Population and Household Demographics ±$45 Percentage Of Renters Overburdened 33.21% Total Affordable Apartment Properties 9 Total Low Income Apartments 286 Total Housing Units with Rental Assistance 45 Percentage of Housing Units Occupied By Renters 41.22% Average Renter Household Size 3.62 Average Household Size 3.54 Median Household Income $48,222 ![]() Sourced from federal housing data and research. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program. 2023 Quincy, Washington Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Quincy, Washington for a two-bedroom apartment is between $876 and $1,070. The average voucher holder contributes $0 towards rent in Quincy. On average, Section 8 Housing Choice vouchers pay Quincy landlords $0 per month towards rent. Housing Choice Vouchers in Quincy, Washington There are 241 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Quincy. Low Rent Apartments in Quincy, Washington Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Quincy features 45 income based apartments. ![]() Restaurants, Grocery Stores ( bing.Quincy, Washington Affordable Housing Data Income Based Apartments in Quincy, Washington.1.8% water.Ĭounty: Grant County County Population: (2010) = 89,120Įarthquakes in the USA, Active Tropical SystemsĬalculate distance between Quincy and other places Local Area Code: 509 Time Zone: Pacific DST: Y ![]() Quincy - Local Acceptable alternate names for zip code 98848: ![]()
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