COR – Income Calculator

Below is a form to help you calculate your household income. The City of Raleigh Affordable Housing portfolio has strict income guidelines. There is also a calculator at the bottom of the page to show you the minimum amount your income must be based on the rent of the property you are interested in.
If your household does not meet these guidelines your application will be denied. Please use this interactive form to determine if you meet the income guidelines.
If you submit an application we require documentation for all listed sources of income.
*NOTE: Meeting the income requirements does not guarantee that your application will be approved. You must also meet the credit and criminal requirements.
Household Size
1
2
3
4
5
6
7
8
Max Household Income
$32,450
$37,100
$41,750
$46,350
$50,100
$53,800
$57,500
$61,200
1st: Please add employment income for each person in the home. Use the “+” sign to add additional rows.

*We calculate your income BEFORE taxes/deductions
are taken out (your gross income)*

Work Income
Name & Employer Hourly Rate Hours per week Weekly Income Yearly Income
$
Total
2nd: Please add any supplemental income for each person in the home. ex. Child support (verifiable), SSI, Disability, Food Stamps, VA Benefits, AFDC, etc.
Supplemental Income Source Amt. Received per Month 12 Months Yearly Income
$
Total
YOUR TOTAL YEARLY HOUSEHOLD INCOME $
YOUR TOTAL MONTHLY HOUSEHOLD INCOME $
Number of People in Household
Maximum Income Allowed (see chart at bottom) $
Monthly Rent of Property you are Applying For $*3.33 Min. required monthly income $

"Let each of you look not only to his own interests,

but also to the interests of others..."

Phil. 2:4