Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. In New Vienna, HUD calculates the Area Median Income for a family of four as $82,100 For New Vienna, the AMI is calculated from all households within Clinton County. 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. The AMI is calculated and published each year by HUD. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Each household's income is compared to the incomes of all other households in the area. Area Median Income In New ViennaĪffordable housing program eligibility is always determined by one's income. In New Vienna, a household making less than $2,383 a month would be considered overburdened when renting an apartment at or above the median rent.Ĥ1.7% of households who rent are overburdened in New Vienna. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in New Vienna is $38,571 a year, or $3,214 a month. 56.6% of households in New Vienna are renters. There are 500 households in the city with an average household size of 2.85 persons.
New Vienna is a city in Clinton County, Ohio with a population of 1,424. ± 14.52pp Total Population 1,424 Population and Household Demographics ±$30 Percentage Of Renters Overburdened 41.7%
Total Affordable Apartment Properties 2 Total Low Income Apartments 58 Total Housing Units with Rental Assistance 36 Percentage of Housing Units Occupied By Renters 56.6% Average Renter Household Size 2.94 Average Household Size 2.85 Median Household Income $38,571 New Vienna, OH Affordable Housing Snapshot Sourced from federal housing data and research. 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. 2023 New Vienna, Ohio Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in New Vienna, Ohio for a two-bedroom apartment is between $753 and $921. The average voucher holder contributes $300 towards rent in New Vienna. On average, Section 8 Housing Choice vouchers pay New Vienna landlords $500 per month towards rent. Housing Choice Vouchers in New Vienna, Ohio There are 22 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Vienna. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. New Vienna features 36 income based apartments. New Vienna, Ohio Affordable Housing Data Income Based Apartments in New Vienna, Ohio
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