Affordable Housing In Emmonak
Wade Hampton Census Area,
Guide To Affordable Housing in Emmonak, Alaska
There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Emmonak, Alaska.
Income Based Apartments in Emmonak, Alaska
Emmonak features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Emmonak, Alaska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Emmonak.
Housing Choice Vouchers in Emmonak, Alaska
On average, Section 8 Housing Choice vouchers pay Emmonak landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Emmonak.
Sourced from federal housing data and AffordableHousingOnline.com research.
Emmonak, AK Affordable Housing Snapshot
|Total Affordable Apartment Properties||0|
|Total Low Income Apartments||0|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||26.53%|
|Average Renter Household Size||2.83|
|Average Household Size||4.26|
|Median Household Income||$44,773 ±$8,819|
|Median Rent||$600 ±$204|
|Percentage Of Renters Overburdened||7.69% ± 25.69pp|
Population and Household Demographics
Emmonak is a city in Wade Hampton Census Area, Alaska with a population of 835. There are 196 households in the city with an average household size of 4.26 persons. 26.53% of households in Emmonak are renters.
Income and Rent Overburden in Emmonak
The median gross income for households in Emmonak is $44,773 a year, or $3,731 a month. The median rent for the city is $600 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Emmonak, a household making less than $2,000 a month would be considered overburdened when renting an apartment at or above the median rent. 7.69% of households who rent are overburdened in Emmonak.
Area Median Income In Emmonak
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Emmonak, the AMI is calculated from all households within Wade Hampton Census Area.
In Emmonak, HUD calculates the Area Median Income for a family of four as $0
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Emmonak
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.