Affordable Housing In Thompson
Susquehanna County, Pennsylvania

Housing Authorities that serve Thompson

Housing Authority Programs
Susquehanna County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Thompson, Pennsylvania

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Thompson, Pennsylvania.

Income Based Apartments in Thompson, Pennsylvania

Thompson 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 Thompson, Pennsylvania

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thompson.

Housing Choice Vouchers in Thompson, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Thompson landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Thompson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Thompson, Pennsylvania for a two-bedroom apartment is between $703 and $859.

2021 Thompson, Pennsylvania Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. 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.

Studio One BR Two BR Three BR Four BR
Thompson, Pennsylvania Fair Market Rent $515 $600 $781 $1,023 $1,159
Thompson, Pennsylvania Payment Standard Range $464 to $567 $540 to $660 $703 to $859 $921 to $1,125 $1,043 to $1,275

Sourced from federal housing data and research.

Thompson, PA 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 32.65%
Average Renter Household Size 1.94
Average Household Size 2.33
Median Household Income $29,712 ±$9,807
Median Rent $663 ±$71
Percentage Of Renters Overburdened 58.33% ± 42.43pp
Total Population 343

Population and Household Demographics

Thompson is a city in Susquehanna County, Pennsylvania with a population of 343. There are 147 households in the city with an average household size of 2.33 persons. 32.65% of households in Thompson are renters.

Income and Rent Overburden in Thompson

The median gross income for households in Thompson is $29,712 a year, or $2,476 a month. The median rent for the city is $663 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Thompson, a household making less than $2,210 a month would be considered overburdened when renting an apartment at or above the median rent. 58.33% of households who rent are overburdened in Thompson.

Area Median Income In Thompson

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 Thompson, the AMI is calculated from all households within Susquehanna County.

In Thompson, HUD calculates the Area Median Income for a family of four as $66,700

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 Thompson

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.

Income Qualifications for HUD Rental Assistance in Thompson

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Thompson AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,000 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,050
50% AMI Income Limits
Renters earning up to 50% of the Thompson AMI may qualify for rental assistance programs that target Very Low Income households.
$23,350 $26,700 $30,050 $33,350 $36,050 $38,700 $41,400 $44,050
80% AMI Income Limits
Renters earning up to 80% of the Thompson AMI may qualify for rental assistance programs that target Low Income households.
$37,350 $42,700 $48,050 $53,350 $57,650 $61,900 $66,200 $70,450