Area Median Income

AMI stands for Area Median Income. It is calculated and released every year by the U.S. Department of Housing and Development (HUD). AMI is the combined average household income for the full Charlotte-Concord-Gastonia metropolitan area., which includes Rock Hill.

 

AMI sets the rent of a subsidized unit and what households can qualify for that rent level. To calculate AMI you need both your household size and household income.

 

See the AMI Chart below for more information. Note that Extremely Low Income Limits are those residents at or below 30% AMI.