FY2024 Income Limits — Parke County, IN HUD Metro FMR Area
Area Median Income (4-person household): $76,300
30% AMI (4p)
$31,200
50% AMI (4p)
$40,550
60% AMI (4p)
$48,660
80% AMI (4p)
$64,900
Parke County, IN 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 | $17,050 | $20,440 | $25,820 | $31,200 | $36,580 | $41,960 | $47,340 | $52,720 |
| 50% AMI — Very Low Income | $28,400 | $32,450 | $36,500 | $40,550 | $43,800 | $47,050 | $50,300 | $53,550 |
| 60% AMI | $34,080 | $38,940 | $43,800 | $48,660 | $52,560 | $56,460 | $60,360 | $64,260 |
| 80% AMI — Low Income | $45,450 | $51,950 | $58,450 | $64,900 | $70,100 | $75,300 | $80,500 | $85,700 |
Related Pages
Section 8 Eligibility in Parke County, IN HUD Metro FMR Area
To qualify for a Section 8 Housing Choice Voucher in Parke County, IN 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.