USDA Announces Increased Income Limits

Date: June 2, 2010
Source Document
Questions or Comments Regarding This Information?

The income limits for the USDA Guaranteed Rural Housing (GRP) Program have increased effective June 2, 2010. While the increase in Maryland is less than $1,000, considering that family incomes have stagnated over the last year, any increase is helpful in qualifying more homebuyers for this loan program.

Based on the increase new maximum income limits are as follows:

Household Size
County1-45+
Accomack$91,900$121,300
Albemarle$107,950$142,500
Alexandria$118,300$156,150
Alleghany$91,900$121,300
Amelia$103,500$136,600
Amherst$91,900$121,300
Appomattox$91,900$121,300
Arlington$118,300$156,150
Augusta$91,900$121,300
Bath$91,900$121,300
Bedford$91,900$121,300
Bedford Ind$91,900$121,300
Bland$91,900$121,300
Botetourt$91,900$121,300
Bristol$91,900$121,300
Brunswick$91,900$121,300
Buchanan$91,900$121,300
Buckingham$91,900$121,300
Buena Vista$91,900$121,300
Campbell$91,900$121,300
Caroline$103,500$136,600
Carroll$91,900$121,300
Charles City$103,500$136,600
Charlotte$91,900$121,300
Charlottesville$107,950$142,500
Chesapeake$97,200$128,300
Chesterfield$103,500$136,600
Clarke$118,300$156,150
Clifton Forge$78,200$103,200
Colonial Height$103,500$136,600
Covington$91,900$121,300
Craig$91,900$121,300
Culpeper$102,800$135,700
Cumberland$91,900$121,300
Danville$91,900$121,300
Dickenson$91,900$121,300
Dinwiddie$103,500$136,600
Emporia$91,900$121,300
Essex$91,900$121,300
Fairfax$118,300$156,150
Fairfax Ind$108,550$143,300
Falls Church$118,300$156,150
Fauquier$118,300$156,150
Floyd$91,900$121,300
Fluvanna$107,950$142,500
Franklin$91,900$121,300
Franklin Ind$78,200$103,200
Frederick$93,600$123,550
Fredericksburg$118,300$156,150
Galax$91,900$121,300
Giles$91,900$121,300
Gloucester$97,200$128,300
Goochland$103,500$136,600
Grayson$91,900$121,300
Greene$107,950$142,500
Greensville$91,900$121,300
Halifax$91,900$121,300
Hampton$97,200$128,300
Hanover$103,500$136,600
Harrisonburg$91,900$121,300
Henrico$103,500$136,600
Henry$91,900$121,300
Highland$91,900$121,300
Hopewell$103,500$136,600
Isle Of Wight$97,200$128,300
James City$97,200$128,300
King And Queen$91,900$121,300
King George$114,850$151,600
King William$103,500$136,600
Lancaster$91,900$121,300
Lee$91,900$121,300
Lexington$91,900$121,300
Loudoun$118,300$156,150
Louisa$91,900$121,300
Lunenburg$91,900$121,300
Lynchburg$91,900$121,300
Madison$91,900$121,300
Manassas$118,300$156,150
Manassas Park$118,300$156,150
Martinsville$91,900$121,300
Mathews$97,200$128,300
Mecklenburg$91,900$121,300
Middlesex$91,900$121,300
Montgomery$95,100$125,550
Nelson$107,950$142,500
New Kent$103,500$136,600
Newport News$97,200$128,300
Norfolk$97,200$128,300
Northampton$91,900$121,300
Northumberland$91,900$121,300
Norton$91,900$121,300
Nottoway$91,900$121,300
Orange$94,150$124,300
Page$91,900$121,300
Patrick$91,900$121,300
Petersburg$103,500$136,600
Pittsylvania$91,900$121,300
Poquoson$97,200$128,300
Portsmouth$97,200$128,300
Powhatan$103,500$136,600
Prince Edward$91,900$121,300
Prince George$103,500$136,600
Prince William$118,300$156,150
Pulaski$91,900$121,300
Radford$95,100$125,550
Rappahannock$101,050$133,400
Richmond$91,900$121,300
Richmond Ind$89,000$117,500
Roanoke$91,900$121,300
Roanoke Ind$78,200$103,200
Rockbridge$91,900$121,300
Rockingham$91,900$121,300
Russell$91,900$121,300
Salem$91,900$121,300
Scott$91,900$121,300
Shenandoah$91,900$121,300
Smyth$91,900$121,300
Southampton$91,900$121,300
Spotsylvania$118,300$156,150
Stafford$118,300$156,150
Staunton$91,900$121,300
Suffolk$97,200$128,300
Surry$91,900$121,300
Sussex$103,500$136,600
Tazewell$91,900$121,300
Virginia Beach$97,200$128,300
Warren$98,200$129,600
Washington$91,900$121,300
Waynesboro$91,900$121,300
Westmoreland$91,900$121,300
Williamsburg$97,200$128,300
Winchester$93,600$123,550
Wise$91,900$121,300
Wythe$91,900$121,300
York$97,200$128,300

Remember that USDA does allow for the total household income to be higher than these income limits provided that certain adjustments or reduction to income can be made including:

  • Documentable childcare expenses for children age 12 and under
  • $480 per child for anyone under 18
  • $480 for any student other then one of the applicants
  • $400 for each disabled or handicapped individual who is not one of the applicants
  • Medical expenses for any elderly family member

These adjustments can be used to lower the gross household income to an amount that is less than the above mentioned maximum gross income. If you are considering financing an upcoming home purchase using a USDA loan and need assistance in calculating your adjusted gross income using USDA Rural Development Loan Income Guidelines complete the contact form or call (866) 747-2882 to speak to your local Maryland loan professional.

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