Builders Patch | HousingCount Ashe County affordable housing data.

Ashe County

Summary

21.2%
share of renter households
44.9%
share of low-income households
29.2%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 2,480
Homeowner households 9,243
Total households 11,723

Low-income renter households

Renter households by income group
Households % share
Extremely low-income (≤30% AMI) 390
Very low-income (31-50% AMI) 300
Low-income (51-80% AMI) 424
All low-income households (<80% AMI) 1,114

Rent-burdened households

Share of income spent on rent
Households % share
Moderately rent-burdened 408
30.0–34.9% 143
35.0–39.9% 79
40.0-49.9% 186
Severely rent-burdened 315
≥50.0% 315
All rent-burdened households 723

Affordable housing shortage

Rent vs median household income

Amount ($)
Median household income 20,861 (2010)
27,554 (2021)
Increase (2010–2021) 32.1%
Median rent 554 (2010)
491 (2021)
Increase (2010–2021) -11.4%

Affordable housing stock

Units Amount
Supply (current stock) 336
Demand (total units needed) 643
Shortage 389
Total shortage 389
Supply/demand ratio 52.3%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 154 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 99 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A N/A 200 $504,385
HUNTINGTON RESERVE NA 2006 N/A N/A 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 61 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 41 $435,816

HousingCount

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