Average income definition

Average income means an income that complies with income restrictions determined at the advice and consent of the Oregon Housing Stability Council, but not to exceed the greater of 100 percent of the statewide or local area median income adjusted for household size as determined annually by the Housing and Community Services Department using United States Department of Housing and Urban Development information.
Average income. , in relation to an applicant, means one twenty-sixth of the aggregate of-
Average income means an income that complies with income restrictions determined at the advice and consent of the Oregon Housing Stability Council, but not to exceed the greater of 100 percent of the statewide or local area median income adjusted for household size as determined

Examples of Average income in a sentence

  • Average income from the IBP Compensation System has not been established and false income claims as well as income claims on social media are grounds for termination Internet and Print Advertising Policy.

  • Average income shall include regular overtime, shift penalties, allowances and any other payments an employee receives on a regular basis.

  • Average income levels have grown significantly – from 75 per cent of the national average in 1997 to 94 per cent of the national average in 2012.

  • Average income shall include regular overtime, shift penalties, allowances and any other payment the employee receives on a regular basis.

  • Year ended March 31, 2004 2005 2006 Average Interest income/ Interest Average Average income/ Average Average Interest income/ Average Advances Rs. 567.51 Rs.63.80 11.2% Rs. 720.26 Rs.71.22 9.9% Rs.1,120.38 Rs.102.07 9.1% Investments .


More Definitions of Average income

Average income means the gross revenues minus telephone bills and commissions (assuming dial-around compensation is based on the state of the law existing prior to September 20, 1996) for the Seller Phones; provided that (a) for Seller Phones installed on or prior to September 30, 1996, the Average Income shall be measured from January 1, 1996 (or, if later, the date of installation) through December 31, 1996 and (b) for Seller Phones installed after September 30, 1996, the Average Income shall be measured from the date of installation through April 30, 1997.