Builders Patch | HousingCount Caroline County affordable housing data.
Caroline County
Summary
- 27.9% share of renter households
- 44.3% share of low-income households
- 48.3% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 3,342 |
| Homeowner households | 8,621 |
| Total households | 11,963 |
Low-income renter households
Renter households by income group
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 535 |
| Very low-income (31-50% AMI) | 289 |
| Low-income (51-80% AMI) | 655 |
| All low-income households (<80% AMI) | 1,479 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 951 | 28.5% |
| 30.0–34.9% | 344 | 10.3% |
| 35.0–39.9% | 192 | 5.7% |
| 40.0-49.9% | 415 | 12.4% |
| Severely rent-burdened | 662 | 19.8% |
| ≥50.0% | 662 | 19.8% |
| All rent-burdened households | 1,613 | 48.3% |
Affordable housing shortage
Rent vs median household income
| Amount ($) | |
|---|---|
| Median household income (2010) | 32,888 |
| Median household income (2021) | 38,449 |
| Increase (2010–2021) | 16.9% |
Median rent
| Amount ($) | |
|---|---|
| Median rent (2010) | 776 |
| Median rent (2021) | 775 |
| Increase (2010–2021) | -0.1% |
Affordable housing stock
| Description | Units |
|---|---|
| Supply (current stock) | 4,307 |
| Demand (total units needed) | 798 |
| Shortage | -2,050 |
| Total shortage | -2,050 |
| Supply/demand ratio | 539.7% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Occupancy | Income ceiling | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | N/A | 60% AMI | $1,804,887 | |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | N/A | 60% AMI | $1,378,252 | |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | N/A | 60% AMI | $504,385 | |
| HUNTINGTON RESERVE | NA | 2006 | N/A | N/A | 60% AMI | $424,046 | |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | N/A | 60% AMI | $1,557,010 | |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | N/A | 60% AMI | $659,087 | |
| ... | ... | ... | ... | ... | ... | ... | ... |
HousingCount
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