FY2024 Income Limits — Franklin County, AR HUD Metro FMR Area
Area Median Income (4-person household): $71,600
30% AMI (4p)
$31,200
50% AMI (4p)
$35,000
60% AMI (4p)
$42,000
80% AMI (4p)
$56,000
Franklin County, AR HUD Metro FMR Area — Income Limits
FY2024 Income Limits by Household Size
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p | 7p | 8p |
|---|---|---|---|---|---|---|---|---|
| 30% AMI — Extremely Low Income | $15,060 | $20,440 | $25,820 | $31,200 | $36,580 | $40,600 | $43,400 | $46,200 |
| 50% AMI — Very Low Income | $24,500 | $28,000 | $31,500 | $35,000 | $37,800 | $40,600 | $43,400 | $46,200 |
| 60% AMI | $29,400 | $33,600 | $37,800 | $42,000 | $45,360 | $48,720 | $52,080 | $55,440 |
| 80% AMI — Low Income | $39,200 | $44,800 | $50,400 | $56,000 | $60,500 | $65,000 | $69,450 | $73,950 |
Related Pages
Section 8 Eligibility in Franklin County, AR HUD Metro FMR Area
To qualify for a Section 8 Housing Choice Voucher in Franklin County, AR HUD Metro FMR Area, your household's gross annual income must typically be at or below 50% of the Area Median Income for your household size. Federal law requires that at least 75% of all new vouchers be issued to households at or below 30% AMI (Extremely Low Income).
Income is calculated for the entire household, including wages, salaries, benefits, child support, and most other regular income sources. Some deductions — such as elderly/disabled household member deductions and dependent child deductions — reduce the amount counted toward the income limit.