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 HesperiaĪffordable housing program eligibility is always determined by one's income. In Hesperia, a household making less than $2,013 a month would be considered overburdened when renting an apartment at or above the median rent.ĥ7.35% of households who rent are overburdened in Hesperia. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Hesperia is $32,368 a year, or $2,697 a month. 38.86% of households in Hesperia are renters. There are 350 households in the city with an average household size of 2.44 persons. Hesperia is a city in Newaygo County, Michigan with a population of 893. ± 15.64pp Total Population 893 Population and Household Demographics ±$72 Percentage Of Renters Overburdened 57.35% Total Affordable Apartment Properties 3 Total Low Income Apartments 63 Total Housing Units with Rental Assistance 63 Percentage of Housing Units Occupied By Renters 38.86% Average Renter Household Size 2.07 Average Household Size 2.44 Median Household Income $32,368 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 Hesperia, Michigan 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 Hesperia, Michigan for a two-bedroom apartment is between $778 and $950. The average voucher holder contributes $0 towards rent in Hesperia. On average, Section 8 Housing Choice vouchers pay Hesperia landlords $0 per month towards rent.
Housing Choice Vouchers in Hesperia, Michigan There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hesperia. Low Rent Apartments in Hesperia, Michigan Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Hesperia features 63 income based apartments. Hesperia, Michigan Affordable Housing Data Income Based Apartments in Hesperia, Michigan
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