Posts Tagged ‘household income’

BBC Checks Out Manufactured Homes in U. S.

September 24th, 2013 Comments off

Following on the heels of Miss South Carolina’s line in the Miss America Beauty Pageant about factory-built homes in her home state, the British Broadcasting Corporation (BBC) asks rather rhetorically why so many Americans live in these dwellings. Based on U. S. Census figures, 20 million Americans occupy 8.5 million manufactured homes, 57 percent of which have a full time employed head of household, and 23 percent are retired. As MHProNews knows, seventy percent of all new homes sold priced under $125,000 are manufactured homes. Household income of MH residents is roughly half the national average, and the top five states with the most factory-built housing are South Carolina, New Mexico, West Virginia, Mississippi and Alabama. Mississippi is the only one of the five that is also among the poorest states. While the stigma of manufactured homes persists in much of the country, elaborate homes in some Florida retirement communities and along the southern California coast certainly defy that image.

(Photo credit: Freehold Real Estate Management)

House and Manufactured Home Repair Program for Low Income Underway

August 28th, 2013 Comments off

daily-courier-ken-hedler-credit-planner-ruth-may-posted-daily-business-news-mhpronews-com-Chino Valley, Arizona launched a home repair program for low-income residents. The town joined other nearby locations in AZ, said planner Ruth Mayday, who oversaw a similar program for the town of Prescott Valley. “We have to serve the population that the state of Arizona tells us in terms of household income and household composition,” Mayday said. “That is what we focus on, those that have the greatest need.” Applicants must not exceed 80 percent of the median income for the area. Household income caps range from $30,750 a year for an individual to $57,950 for a family of eight. Once qualified, Chino Valley will use contractors who bid on repairs for the individual homes. ##

(Photo credit Ruth Mayday, Daily Courier/Ken Heder)

Government Releases Housing Data for First Time

January 11th, 2013 Comments off

MHProNews has learned the U.S. Census Bureau and the Dept. of Housing and Urban Development (HUD) have for the first time made public their findings on the quality of housing in the U.S., available on the Census Bureau’s American FactFinder. The survey of the nation’s 115 million households includes apartments, manufactured housing, single-family homes, new construction, and vacant housing units, and documents information about everything from sewage and value to mortgage, safety features and socioeconomic status of the occupants. Statistics include: The median year the homes were built is 1974; owner occupied single-family detached and manufactured homes’ median size is 1,800 square feet, while renters units are 1,300 square feet (newly constructed homes are 2,200 square feet); 71 residents have a high rating of their homes, while residents of newer constructed homes gave their homes an 84 rating; 52 percent of the homes surveyed have two or more bathrooms, and 83 percent have a washing machine; and households pay on average $927 a month for housing, while the median of new construction residents pay $1,340 a month—both take 24 percent of household income. To access the full report click here.

(Image credit: theatlanticcities)

D.C. has Highest Mortgage Payment

November 28th, 2012 Comments off

OriginationNews informs MHProNews at $1,642 a month Washington, D.C. has the highest mortgage payment, accounting for 31 percent of household income, according to Lending Tree. Hawaii ranked second with a monthly average payment of $1,536, and California was third at $1,446 a month. Both Hawaii’s and California’s payments represented 30 percent of household income. D.C. also had the highest loan amount at $331,886. In the survey, 15 of the 51  areas studied have an average monthly payment above $1,000. At $711 a month, Nebraska had the lowest mortgage payment, followed by Arkansas, Iowa, Oklahoma and Missouri.

(Image credit: caudium)

Manufactured Housing Looms Large in House Race

October 17th, 2012 Comments off

Following a story we last published Sept. 24, 2012, concerning a race between two women for House District Seat 37 in southeastern Delaware, Cape Gazette Village Soup has posed questions to the candidates. Republican Briggs King is the incumbent and vice president of the county realtors association. Democratic challenger Beth McGinn works for the Social Security office and lives in an MHC. Each candidate was asked what they would do to improve the lives of manufactured homeowners. King stated manufactured homeowners need to apprise the attorney general’s office of any violations. McGinn stated she would encourage the attorney general’s office to impose stiffer penalties for violating the Manufactured Homeowners & Community Owners Act. She also would ask for a designated staff person to hold regular meetings with a committee of homeowners and landowners, and she intends to introduce legislation to protect homeowners from unjustified rent increases. MHProNews has learned Ms. McGinn wants leases for manufactured housing to include a provision that rent never exceeds 30 percent of household income.

(Photo credit: sussexcountian—Briggs King, left, McGinn on right)