# Beaufort County

### Summary

28.0%  
share of renter households  
38.9%  
share of low-income households  
42.6%  
share of rent-burdened households

### Renter population data

Renters vs homeowners  
Share of income spent on rent  
Households  
% share

| Type                   | Households | % share |
|------------------------|------------|---------|
| Renter households       | 5,207      | 28.0%   |
| Homeowner households    | 13,372     | 72.0%   |
| Total households        | 18,579     | 100.0%  |
| Low-income renter households |        |         |

Renter households by income group  
Households  
% share

| Income Group                     | Households | % share |
|----------------------------------|------------|---------|
| Extremely low-income (≤30% AMI)  | 709        | 13.6%   |
| Very low-income (31-50% AMI)     | 717        | 13.8%   |
| Low-income (51-80% AMI)         | 601        | 11.5%   |
| All low-income households (<80% AMI) | 2,027    | 38.9%   |

Rent-burdened households
Share of income spent on rent
Households
% share

| Type                              | Households | % share |
|-----------------------------------|------------|---------|
| Moderately rent-burdened          | 912        | 17.5%   |
| 30.0–34.9%                        | 313        | 6.0%    |
| 35.0–39.9%                        | 272        | 5.2%    |
| 40.0-49.9%                        | 327        | 6.3%    |
| Severely rent-burdened            | 1,307      | 25.1%   |
| ≥50.0%                            | 1,307      | 25.1%   |
| All rent-burdened households      | 2,219      | 42.6%   |

### Affordable housing shortage

Rent vs median household income

| Year | Median Household Income | Amount ($) |
|------|------------------------|------------|
| 2010 |                        | 18,539     |
| 2021 |                        | 24,728     |
| Increase (2010–2021)          |            | 33.4%     |

Median rent

| Year | Median Rent | Amount ($) |
|------|-------------|------------|
| 2010 |             | 345        |
| 2021 |             | 497        |
| Increase (2010–2021)          |            | 44.1%     |

Affordable housing stock

| Supply              | Demand                  | Shortage     | Supply/Demand Ratio |
|---------------------|-------------------------|--------------|---------------------|
| Current Stock       | Total Units Needed       | -5,022       | 666.5%              |

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

| Name                             | Type                             | Year | Location | Number of Units | Income Ceiling | LIHTC Allocation  |  
|---------------------------------|----------------------------------|------|----------|-----------------|----------------|------------------|
| HIGHBRIDGE OVERLOOK             | New construction                 | 2014 | 10452    | 1               | 60% AMI        | $1,804,887      |
| IRVINGTON FAMILY APTS           | New construction                 | 2007 | 94538    | 1               | 60% AMI        | $1,378,252      |
| HILLTOP VILLAGE                 | New construction - Acquisition and Rehab | 2012 | 32208 | 0 | 60% AMI | $504,385 |
| HUNTINGTON RESERVE               | NA                               | 2006 | 32773    | 0               | 60% AMI        | $424,046        |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction                 | 2016 | 91768    | 1               | 60% AMI        | $1,557,010      |
| INTERVALE GARDENS LLC           | New construction                 | 2008 | 10459    | 1               | 60% AMI        | $659,087        | 
| HOMES OF RENAISSANCE PRESERVE II | New construction                 | 2012 | 33905    | 0               | 60% AMI        | $1,510,000      |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction            | 2013 | 90018    | 1               | 60% AMI        | $674,261        |
| ...                             | ...                              | ...  | ...      | ...             | ...            | ...              |

## HousingCount

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