Affordable Housing In Wheatland
Mercer County, Pennsylvania

1 Low Income Apartment Communities In Wheatland

Buchanan Manor

73 Mercer Ave
Wheatland, PA
62+
Accessible
Elderly Supportive Housing
Subsidized
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Housing Authorities that serve Wheatland

Housing Authority Programs
Mercer County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Wheatland, Pennsylvania

There are 1 low income housing apartment communities offering 40 affordable apartments for rent in Wheatland, Pennsylvania. Wheatland features 40 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Wheatland.

Sourced from federal housing data and AffordableHousingOnline.com research.

Wheatland, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 35.45%
Average Renter Household Size 1.96
Average Household Size 2.22
Median Household Income $26,087 ±$5,906
Median Rent $579 ±$101
Percentage Of Renters Overburdened 34.33% ± 14.95pp
Total Population 838

Population and Household Demographics

Wheatland is a City in Mercer County, Pennsylvania with a population of 838. There are 378 households in the city with an average household size of 2.22 persons. 35.45% of households in Wheatland are renters.

Income and Rent Overburden in Wheatland

The median gross income for households in Wheatland is $26,087 a year, or $2,174 a month. The median rent for the city is $579 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wheatland, a household making less than $1,930 a month would be considered overburdened when renting an apartment at or above the median rent. 34.33% of households who rent are overburdened in Wheatland.1

Area Median Income In Wheatland

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 Wheatland, the AMI is calculated from all households within Mercer County.

In Wheatland, HUD calculates the Area Median Income for a family of four as $65,200

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 Wheatland

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 Wheatland HUD Rental Assistance in Wheatland

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,050
50% of Median $22,850 $26,100 $29,350 $32,600 $35,250 $37,850 $40,450 $43,050
80% of Median $36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850
Fair Market Rents in Wheatland

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$551 $555 $722 $930 $1,034