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Housing Needs Assessment <br /> <br />Draft Housing Element 2-7 <br />AMI refers to the midpoint of a region’s income distribution such that half of families earn more <br />than the median income and half earn less than the median income. HCD and HUD determined that <br />the 2021 AMI for Alameda County was $125,600 for a family of four. HUD’s 2013-2017 <br />Comprehensive Housing Affordability Strategy (CHAS) estimates that 52 percent of total households <br />in San Leandro earned a moderate or above moderate income, compared to 48 percent of <br />households that earned an income below 80 percent of the AMI, as shown in Table 2.5. Of the <br />households with incomes below 80 percent of the AMI, 17 percent were classified as extremely low <br />income, 17 percent as very low income, and 14 percent as low income. Approximately half of <br />households in San Leandro owned their home, and moderate and above moderate-income <br />households were more likely to be homeowners. <br />Table 2.5 Income Distribution by Tenure <br />Household Type <br />Extremely Low <br />(0-30% of AMI) <br />Very Low <br />(31-50% of AMI) <br />Low <br />(51-80% of AMI) <br />Moderate/ <br />Above Moderate <br />(>80% of AMI) <br />Owners 6% 7% 6% 36% <br />Renters 11% 10% 8% 17% <br />Total 17% 17% 14% 52% <br />Source: HUD Comprehensive Housing Affordability Strategy (CHAS), 2013-2017. <br />Figure 2.3 compares the median household income in San Leandro to nearby cities and Alameda <br />County using the 2015-2019 ACS survey data. The estimated median household income for San <br />Leandro ($78,003) was lower than the cities of Alameda ($104,756), Hayward ($86,744), and Union <br />City ($114,681), but higher than the City of Oakland ($73,692). <br />Figure 2.3 Median Household Income <br /> <br />Source: U.S. Census Bureau, American Community Survey 5-Year Data (2015-2019), Table DP03 <br />The distribution of household income for San Leandro and Alameda County is shown in Figure 2.4. <br />According to the 2015-2019 ACS data, San Leandro households earned a median annual income <br />above $75,000. However, the city had a lower share of households with annual incomes of $100,000 <br />or more compared to the county as a whole and had a higher proportion of households with annual <br />incomes between $25,000 and $75,000. <br />$78,003 <br />$104,756 <br />$86,744 <br />$73,692 <br />$114,681 <br />$99,406 <br />$0 <br />$25,000 <br />$50,000 <br />$75,000 <br />$100,000 <br />$125,000 <br />San Leandro Alameda Hayward Oakland Union City County of AlamedaMedian Househld Income (in 2019 inflation-adjusted Dollas)