# Alexander County

### Summary

18.6% share of renter households  
45.3% share of low-income households  
29.6% share of rent-burdened households

### Renter population data

#### Renters vs homeowners
| Households              | % share  |
|-------------------------|---------|
| Renter households       | 2,510   |
| Homeowner households    | 10,986  |
| Total households        | 13,496  |

#### Low-income renter households

| Households              | % share  |
|-------------------------|---------|
| Extremely low-income    | ≤30% AMI | 436 | 17.4%  |
| Very low-income         | 31-50% AMI| 180 | 7.2%   |
| Low-income              | 51-80% AMI| 522 | 20.8%  |
| All low-income households| <80% AMI | 1,138 | 45.3%  |

#### Rent-burdened households

| Households                    | % share  |
|-------------------------------|---------|
| Moderately rent-burdened      | 296     | 11.8% |
| 30.0–34.9%                   | 68      | 2.7%  |
| 35.0–39.9%                   | 92      | 3.7%  |
| 40.0-49.9%                   | 136     | 5.4%  |
| Severely rent-burdened       | 448     | 17.8% |
| All rent-burdened households  | 744     | 29.6% |

### Affordable housing shortage

#### Rent vs median household income

| Year | Median household income ($) | Median rent ($) |
|------|------------------------------|------------------|
| 2010 | 23,417                       | 415              |
| 2021 | 35,682                       | 506              |
| Increase (2010–2021)          | 52.4%                       | 21.9%         |

| Units                         | Amount  |
|-------------------------------|---------|
| Supply (current stock)       | 1,375   |
| Demand (total units needed)   | 568     |
| Shortage                      | -523    |
| total shortage                | 242.1%  |
| supply/demand ratio           |         |

### HUD National Low Income Housing Tax Credit (LIHTC) Database

| Name                            | Type                                 | Year |  Zipcode | Market Rate | Low-income | Type  | Amount      |
|---------------------------------|--------------------------------------|------|----------|-------------|------------|-------|-------------|
| HIGHBRIDGE OVERLOOK             | New construction                      | 2014 | N/A      | 10452       | N/A        | 1     | N/A         |
| IRVINGTON FAMILY APTS           | New construction                      | 2007 | N/A      | 94538       | N/A        | 1     | N/A         |
| HILLTOP VILLAGE                 | New construction - Acquisition and Rehab | 2012 | N/A      | 32208       | N/A        | 0     | N/A         |
| HUNTINGTON RESERVE              | NA                                   | 2006 | N/A      | 32773       | N/A        | 0     | N/A         |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction                    | 2016 | N/A      | 91768       | N/A        | 1     | N/A         |
| INTERVALE GARDENS LLC           | New construction                      | 2008 | N/A      | 10459       | N/A        | 1     | N/A         |
| HOMES OF RENAISSANCE PRESERVE II | New construction                      | 2012 | N/A      | 33905       | N/A        | 0     | N/A         |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction              | 2013 | N/A      | 90018       | N/A        | 1     | N/A         |
| IMPERIAL GARDENS FAMILY APTS    | New construction                      | 2009 | N/A      | 92243       | N/A        | 1     | N/A         |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab               | 2016 | N/A      | 95490       | N/A        | 1     | N/A         |

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