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Key Findings from Analysis <br />• No new single-family home or townhome purchase options for households <br />with annual incomes below $65,000 <br />• No market rate rental apartment complexes options for households earning <br />less than $60,000 per year. <br />• Unsubsidized apartment complex rent costs are truly "market rate" and <br />address moderate income households and above <br />• Cannot address extremely low, very low, or low income households <br />• Market Rate could be a partial solution to supplying "Workforce Housing". <br />• "Workforce housing" is defined in Florida Statutes as "housing affordable to <br />natural persons or families whose total annual household income does not <br />exceed 140 percent of the area median income". <br />• IRC household size of 1 person = $63,700 <br />• IRC household size of 2 persons = $72,800 <br />• IRC household size of 3 persons = $81,900. <br />7 <br />Occupation <br />Mean 'Annual <br />Salary (2018) <br />Entry Annual, <br />Salary (2018) <br />Medical <br />Nursing Assistants <br />$26,770 (VLI) <br />$32,739 <br />$22,256 (VLI) <br />$26,395 <br />Medical Assistants <br />Dental Assistants <br />$40,872 <br />$32,843 <br />Registered Nurses <br />$51,667LMIL <br />$39,832 (LI) <br />Office <br />Office Clerks, General - <br />$32,178 <br />$21,611 <br />File Clerks <br />$30,763 <br />$2,942 . <br />Tax Preparers <br />$35,069 <br />$2274 <br />Secretaries and Administrative Assistants, Except Legal, Medical, <br />I $33,883 (LI) <br />$36,026 <br />$25,584 (VLI) <br />$31,346 <br />Legal Secretaries <br />Cleaning <br />Janitors and Cleaners, Except Maids and Housekeeping Cleaners <br />$25,106 (VLI) <br />$24,274 <br />$19,302 (ELI) <br />$19,573 <br />Maids and Housekeeping Cleaners _ <br />Key Findings from Analysis <br />• No new single-family home or townhome purchase options for households <br />with annual incomes below $65,000 <br />• No market rate rental apartment complexes options for households earning <br />less than $60,000 per year. <br />• Unsubsidized apartment complex rent costs are truly "market rate" and <br />address moderate income households and above <br />• Cannot address extremely low, very low, or low income households <br />• Market Rate could be a partial solution to supplying "Workforce Housing". <br />• "Workforce housing" is defined in Florida Statutes as "housing affordable to <br />natural persons or families whose total annual household income does not <br />exceed 140 percent of the area median income". <br />• IRC household size of 1 person = $63,700 <br />• IRC household size of 2 persons = $72,800 <br />• IRC household size of 3 persons = $81,900. <br />7 <br />