Housing Affordability for Low-Income Families* in theCity of Miami and Selected Neighborhoods, 2000(in 2005 dollars**)
Area
80% of Weighted Family Median Income (Low Income)
Affordable*** Rent/Monthly Mortgage Payment at 80% of Family Median Income
City of Miami
$25,962
$650
Allapatah
$21,782
$545
East Little Havana
$16,417
$410
Liberty City
$19,117
$478
Little Haiti
$20,397
$510
Overtown
$11,329
$283
Wynwood
$16,528
$413
Source: Authors’ analysis of U.S. Census Bureau, Census 2000 Summary File 3 data
*Data is collected on a household basis. A family includes a householder and one or more other people living in the same household who are related to the householder by birth, marriage, or adoption.
** Dollar amounts reflect inflation from April 1999 to April 2005.
***A unit is considered affordable if it costs no more than 30% of the family's income.
To view this table in Microsoft Excel, click here.
To view the full report Affordable Housing Cost for Families Residing in Low-Income Miami-Dade Neighborhoods,click here.