![]() Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. In Pueblo West, HUD calculates the Area Median Income for a family of four as $68,600 For Pueblo West, the AMI is calculated from all households within Pueblo County. HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. The AMI is calculated and published each year by HUD. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Each household's income is compared to the incomes of all other households in the area. Area Median Income In Pueblo WestĪffordable housing program eligibility is always determined by one's income. ![]() In Pueblo West, a household making less than $3,123 a month would be considered overburdened when renting an apartment at or above the median rent.Ĥ3.12% of households who rent are overburdened in Pueblo West. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Pueblo West is $65,681 a year, or $5,473 a month. Income and Rent Overburden in Pueblo West 20.24% of households in Pueblo West are renters. There are 10,919 households in the city with an average household size of 2.77 persons. Pueblo West is a city in Pueblo County, Colorado with a population of 30,440. ± 9.29pp Total Population 30,440 Population and Household Demographics ±$54 Percentage Of Renters Overburdened 43.12% Total Affordable Apartment Properties 3 Total Low Income Apartments 109 Total Housing Units with Rental Assistance 0 Percentage of Housing Units Occupied By Renters 20.24% Average Renter Household Size 3.11 Average Household Size 2.77 Median Household Income $65,681 Pueblo West, CO Affordable Housing Snapshot Sourced from federal housing data and research. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program. 2023 Pueblo West, Colorado Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Pueblo West, Colorado for a two-bedroom apartment is between $1,012 and $1,236. The average voucher holder contributes $400 towards rent in Pueblo West. On average, Section 8 Housing Choice vouchers pay Pueblo West landlords $600 per month towards rent. Housing Choice Vouchers in Pueblo West, Colorado There are 109 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pueblo West. ![]() Low Rent Apartments in Pueblo West, Colorado Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Pueblo West features 0 income based apartments. Pueblo West, Colorado Affordable Housing Data Income Based Apartments in Pueblo West, Colorado Subdsidized rents typically change once a year based on federal guidance. Affordable rent data for some communities last confirmed on October 30th, 2019. ![]()
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