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Centerville 2040 <br /> As shown in TABLE 28, the median household income in Centerville is $63,696 which is 21.1 <br /> percent higher than the Anoka County median and 25.7 percent higher than the Twin Cities <br /> Metropolitan Area median. <br /> IncomeCenterville Anoka %of Twin Cities %of TC <br /> County County ' MSA <br /> Median $89,100 $73,600 121.1% $70,900 125.7% <br /> income <br /> SOURCE: ACS 2012-2016 ESTIMATES <br /> The measure of affordability of a housing unit compares housing cost to gross household <br /> income. The general standard is that housing is affordable if housing expenses equal 30% <br /> or less of a person's gross household income. TABLE 29 shows that 27 percent of households <br /> in Centerville that own their home spent more than 30% of their income on housing costs. <br /> A similar pattern occurs in rental housing. TABLE 30 shows that 51 percent of households that <br /> rent their home spent more than 30% of their income on rent. <br /> #>.Units Percent <br /> < 20 percent587 48% <br /> 20-24 percent_ 194 16% <br /> 25-29 percent _ 84 7% <br /> 30-34 percent 72 6% <br /> 35% or more242 21% <br /> Not computed_ 6 0% <br /> Total 1,179 100% <br /> SOURCE: ACS 2012-2016 ESTIMATES <br /> Chapter 4 1 Page 6 <br /> 92 <br />