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FY 2016 Income Limits Documentation System

FY 2016 Income Limits Summary

FY 2016 Income Limit Area Median Income
FY 2016 Income Limit Category Persons in Family
1 2 3 4 5 6 7 8
Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area $67,000 Very Low (50%) Income Limits ($)
23,450 26,800 30,150 33,500 36,200 38,900 41,550 44,250
Extremely Low Income Limits ($)*
14,100 16,100 20,160 24,300 28,440 32,580 36,730 40,890
Low (80%) Income Limits ($)
37,550 42,900 48,250 53,600 57,900 62,200 66,500 70,800

Selecting any of the buttons labeled "Explanation" will display detailed calculation steps for each of the various parameters.

The Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area contains the following areas: Cabarrus County, NC; Gaston County, NC; Mecklenburg County, NC; Union County, NC; and York County, SC.

* The FY 2014 Consolidated Appropriations Act changed the definition of extremely low-income to be the greater of 30/50ths (60 percent) of the Section 8 very low-income limit or the poverty guideline as established by the Department of Health and Human Services (HHS), provided that this amount is not greater than the Section 8 50% very low-income limit. Consequently, the extremely low income limits may equal the very low (50%) income limits.

Income Limit areas are based on FY 2016 Fair Market Rent (FMR) areas. For information on FMRs, please see our associated FY 2016 Fair Market Rent documentation system.

For last year's Median Family Income and Income Limits, please see here: