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Inactive Financial Institution Letters |
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| FIL-63-96 August 22, 1996 |
| TO: | CHIEF EXECUTIVE OFFICER |
| SUBJECT: | HUD Statewide Non-MSA Median Family
Income Figures for 1996 |
| In response to requests from financial institutions, attached
is a listing of 1996 non-metropolitan statistical area (non-MSA)
median family income figures, categorized by state. These
figures were provided by the Department of Housing and Urban
Development (HUD).
The FDIC and the other federal supervisory agencies use these figures to classify the income levels of borrowers located outside of metropolitan statistical areas (MSAs) in Community Reinvestment Act (CRA) evaluations. These figures, updated annually by HUD, provide a viable measuring standard for assessing an institution's level of lending based upon income within the non-MSA portion of the institution's assessment area(s). Revised CRA regulations classify individual income levels as low- , moderate- , middle- , or upper-income based on area median income. "Area median income" is defined as "the statewide non-MSA median family income, if a person or a geography is located outside an MSA" (12 CFR 345.12(b)). For further information about these income figures, or for information concerning MSA income data, please contact your regional office of the FDIC's Division of Compliance and Consumer Affairs shown on the attached list. |
| Carmen J. Sullivan |
|
| Director |
Attachments:
U.S. Census and HUD Estimated Non-MSA Median
Family Income
FDIC Regional Offices - Division of Compliance
and Consumer Affairs
Attachment #1
U.S. Census and HUD Estimated Non-MSA Median Family Income
Figures for 1996 - Recapitulation By State
| State | Non-MSA Median Family Income 1990 U.S. Census (*) |
Non-MSA Median Family Income HUD Estimates - 1996 |
| Alabama | $24,500 | $28,800 |
| Alaska | $44,045 | $48,500 |
| Arizona | $23,997 | $29,800 |
| Arkansas | $22,419 | $27,300 |
| California | $29,946 | $34,300 |
| Colorado | $28,257 | $36,300 |
| Connecticut | $43,591 | $50,000 |
| Delaware | $31,112 | $37,800 |
| Florida | $25,874 | $31,600 |
| Georgia | $26,690 | $32,500 |
| Hawaii | $37,990 | $47,100 |
| Idaho | $28,166 | $35,900 |
| Illinois | $29,693 | $36,000 |
| Indiana | $30,800 | $37,200 |
| Iowa | $29,303 | $37,000 |
| Kansas | $28,067 | $34,300 |
| Kentucky | $22,542 | $26,400 |
| Louisiana | $21,177 | $25,200 |
| Maine | $30,719 | $34,100 |
| Maryland | $33,695 | $42,000 |
| Massachusetts | $37,765 | $42,000 |
| Michigan | $27,893 | $33,800 |
| Minnesota | $28,933 | $36,200 |
| Mississippi | $21,994 | $26,000 |
| Missouri | $24,324 | $30,100 |
| Montana | $27,349 | $34,700 |
| Nebraska | $27,623 | $35,100 |
| Nevada | $35,577 | $47,200 |
| New Hampshire | $36,623 | $40,700 |
| New Jersey | $ 0.00 | $ 0.00 |
| New Mexico | $23,165 | $29,200 |
| New York | $31,472 | $35,600 |
| North Carolina | $27,206 | $33,500 |
| North Dakota | $26,194 | $32,300 |
| Ohio | $30,562 | $37,000 |
| Oklahoma | $24,139 | $28,600 |
| Oregon | $28,125 | $33,100 |
| Pennsylvania | $28,934 | $32,800 |
| Rhode Island | $40,639 | $45,400 |
| South Carolina | $26,904 | $33,300 |
| South Dakota | $25,547 | $32,800 |
| Tennessee | $24,935 | $30,200 |
| Texas | $24,585 | $28,900 |
| Utah | $30,183 | $36,600 |
| Vermont | $32,453 | $36,300 |
| Virginia | $28,301 | $33,600 |
| Washington | $29,671 | $33,600 |
| West Virginia | $22,654 | $26,600 |
| Wisconsin | $30,290 | $37,700 |
| Wyoming | $32,096 | $40,500 |
| Puerto Rico | $ 7,717 | $10,400 |
| (*) - Reflects 1996 Geography as defined by the Office
of Management and Budget (OMB).
Attachment #2 FDIC Regional Offices - Division of Compliance and Consumer Affairs |
| Atlanta Regional Office Jimmy R. Loyless Regional Manager Federal Deposit Insurance Corporation One Atlantic Center, Suite 1600 1201 West Peachtree St., N.E. Atlanta, GA 30309- 3449 |
(404) 817-1300 (404) 817-8806 FAX Alabama, Florida, Georgia, North Carolina, Virginia, West Virginia |
Kansas City regional Office John P. Misiewicz Regional Manager Federal Deposit Insurance Corporation 2345 Grand Ave., Suite 1500 Kansas City, MO 64108 |
(816) 234-8000 (816) 234-8088 FAX Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota |
| Boston Regional Office Carl Schnapp Regional Manager Federal Deposit Insurance Corporation 200 Lowder Brook Drive, Suite 3100 Westwood, MA 02090 |
(617) 320-1600 (617) 320-1698 FAX Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont |
Memphis regional Office Sylvia J. Plunkett Regional Manager Federal Deposit Insurance Corporation 5100 Poplar Ave., Suite 1900 Memphis, TN 38137 |
(901) 685-1603 (901) 821-5272 FAX Arkansas, Kentucky, Louisiana, Mississippi, Tennessee |
| Chicago regional Office David K. Mangian Regional Manager Federal Deposit Insurance Corporation 500 West Monroe St., Suite 3600 Chicago, IL 60661 |
(312) 382-6926 (312) 382-6935 FAX Illinois, Indiana, Michigan, Ohio, Wisconsin |
New York Regional Office Richard Pazerackas Regional Manager Federal Deposit Insurance Corporation 452 Fifth Avenue, 19th Floor New York, NY 10018 |
(212) 704-1200 (212) 827-4529 FAX Delaware, District of Columbia, Maryland, New Jersey, New York, Pennsylvania, Puerto Rico, Virgin Islands |
| Dallas regional Office Thomas P. Anderson Regional Manager Federal Deposit Insurance Corporation 1601 Bryan Street, Suite 1900 Dallas, TX 75201 |
(214) 220-3324 (214) 220-3811 FAX Colorado, New Mexico, Oklahoma, Texas |
San Fransisco Regional Office James Densmore Regional Manager Federal Deposit Insurance Corporation 25 Ecker Street, Suite 2300 San Fransisco, CA 94105 |
(415) 546-0160 (415) 896-2879 FAX Alaska, Arizona, California, Guam, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, Wyoming |
| Last Updated 10/24/2007 | communications@fdic.gov |