San Antonio-New Braunfels area median income is now $88,600

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San Antonio-New Braunfels area median income is now $88,600
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The AMI for a family of four living in the San Antonio-New Braunfels region increased by about 6% this year, from $83,500 to $88,600.

Under the new 2023 rent limits, HUD calculates the maximum rent for a family of four making 60% of AMI, or $52,680, can increase to about $1,320. Under 2022 limits, 60% of AMI was $50,100, and that family would have paid no more than about $1,250 on rent.

At the same time, the increase is also a signal that HUD recognizes that more people, who are earning more money, still need housing assistance, Perez said. "They still base it off of the market that they're in. ... They may be able to get that full rent, but maybe not in all the areas [of San Antonio]," Perez explained.

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