With 2025 Area Median Income up 4.3%, more "low-income" households could earn six figures. New rent ceilings not listed yet.
Last week, the updated 2025 New York City Area Median Income (AMI) surfaced on the website ( link ) of the city Department of Housing Preservation and Development (HPD), with an increase of 4.3% over 2024 figures . For example, a four-person moderate-income household, at 100% of AMI, could earn up to $162,000, up from $155,300. A single person could earn $113,400. Screenshot from HPD. Annotation - household size The 2024 figures represented an astounding rise of nearly 10% over 2023, with a four-person household at 100% of AMI earning $141,200. (It was $83,900 in 2014!) Under 2025 figures, a building with units at 130% of AMI--if grandfathered in under the old 421-a tax break--could rent to individuals earning up to $147,420. Keep in mind that AMI depends on better-off suburban counties and, especially, the High Housing Cost Adjustment (HHCA), which ANHD, the Association for Neighborhood & Housing Development, calls "a convoluted step" in the calculations of the federal...