What Is Area Median Income (AMI)?
Area Median Income (AMI) is a crucial concept in understanding housing affordability in the United States. It represents the midpoint of income distribution within a specific geographic area, meaning that half of the households earn more than this amount and half earn less. Each year, the U.S. Department of Housing and Urban Development (HUD) calculates […]
What Is Area Median Income (AMI)? Read More »