Low and Moderate
Income
Federal
HUD and State DHCD standards
Ř
Low Income (HUD:
“very low”) is at or below 60% of median income for the region
Ř
Moderate
Income (which HUD calls “low”) is at or below 80% of median income.
Ř
Provincetown’s
region is Barnstable County (Cape Cod).
Provincetown’s
Low/Mod Income Population: 55.1%
Ř
The
percentage of Provincetown’s year-round population at or below 80% of median
income, according to HUD:
o 56.0% in 1980
o 61.8% in 1990
o 55.1% in 2000
1,710 low/moderate income individuals
÷ 3,102 year-round population net of group homes, nursing homes,
etc.
=
55.1%
Ř
Provincetown’s
2000 figure is still the highest of any town on Cape Cod
Ř
37.2%
of Barnstable County’s entire population is low/mod income
Barnstable
County Low/Moderate Income Limits
Ř
Barnstable
County FY 2003 Median Family Income: $58,600
Ř
Income
limits for a 2-person household:
o 80% of Median - $38,600
o 50% of Median - $24,100
Ř
Income
limits for a 4-person household:
o 80% of Median - $48,250
o 50% of Median - $30,150
|
Barnstable County
|
|
|
|
|
|
Low/Moderate Income Population as % of total
|
|
80% or less of area median income
|
|
|
|
Source:
HUD Estimates of the Low/Moderate Income Population
|
|
|
|
|
|
|
|
TOWN:
|
1990
|
2000
|
Change
|
|
|
PROVINCETOWN
|
61.8%
|
55.1%
|
-6.74
|
|
|
Yarmouth
|
45.4
|
44.0
|
-1.36
|
|
|
Truro
|
47.2
|
43.2
|
-4.04
|
|
|
Dennis
|
45.7
|
41.9
|
-3.81
|
|
|
Eastham
|
44.4
|
41.9
|
-2.50
|
|
|
Harwich
|
44.9
|
41.8
|
-3.10
|
|
|
Bourne
|
38.5
|
41.7
|
3.21
|
|
|
Wellfleet
|
60.7
|
39.8
|
-20.86
|
|
|
Barnstable
|
37.4
|
39.3
|
1.87
|
|
|
Orleans
|
40.5
|
37.8
|
-2.66
|
|
|
Chatham
|
39.2
|
37.2
|
-1.96
|
|
|
Falmouth
|
38.2
|
36.4
|
-1.75
|
|
|
Brewster
|
34.7
|
35.5
|
0.78
|
|
|
Mashpee
|
44.5
|
33.9
|
-10.61
|
|
|
Sandwich
|
26.4
|
25.4
|
-1.03
|
|
|
|
|
|
|
|
|
Barnstable County
|
|
37.2%
|
|
|
|
Barnstable
County
|
|
|
Barnstable
County
|
|
|
HUD Income Limits
|
|
|
HUD Fair Market Rents
|
|
FY
2003
|
|
|
|
FY
2003
|
|
|
|
Household
Size
|
Very Low Income
(HUD 50%)
|
Low Income
(HUD 80%)
|
|
# of
Bedrooms
|
|
|
|
1 person
|
$21,100
|
$33,750
|
|
0
|
$519
|
|
|
2 persons
|
$24,100
|
$38,600
|
|
1
|
$712
|
|
|
3 persons
|
$27,150
|
$43,400
|
|
2
|
$947
|
|
|
4 persons
|
$30,150
|
$48,250
|
|
3
|
$1,185
|
|
|
5 persons
|
$32,550
|
$52,100
|
|
4
|
$1,328
|
|
|
6 persons
|
$34,950
|
$55,950
|
|
|
|
|
|
7 persons
|
$37,400
|
$59,800
|
|
|
|
|
|
8 persons
|
$39,800
|
$63,700
|
|
|
|
|
