Average Median Income definition
Average Median Income means the mid-point value in the total distribution of all income levels in the United States.
Examples of Average Median Income in a sentence
The developer will strive to provide at least 10% of the total single-family homes constructed within the District boundaries for sale at a price that is affordable for those whose income is within 80%-120% of the Average Median Income (AMI) for a household size of 4.
We support VMP’s amendment to this PUD to make 100% of the senior housing units affordable and to use a definition of Average Median Income that reflects DC alone, not the DC metro region including Virginia and Maryland.