# Carter County

## Summary

- **27.9%** share of renter households  
- **43.8%** share of low-income households  
- **33.7%** share of rent-burdened households

## Renter population data

### Renters vs homeowners
| Household Type        | Count | % share |
|----------------------|-------|---------|
| Renter households     | 6,579 | 27.9%   |
| Homeowner households   | 16,968| 72.1%   |
| Total households    | 23,547| 100.0%  |

### Low-income renter households
| Income Group         | Households | % share |
|----------------------|------------|---------|
| Extremely low-income  | ≤30% AMI  | 885      | 13.5%   |
| Very low-income       | 31-50% AMI | 1,341    | 20.4%   |
| Low-income            | 51-80% AMI | 657      | 10.0%   |
| All low-income        | <80% AMI   | 2,883    | 43.8%   |

### Rent-burdened households
| Burden Type                 | Households | % share |
|------------------------------|------------|---------|
| Moderately rent-burdened      | 1,334      | 20.3%   |
| 30.0–34.9%                   | 614        | 9.3%    |
| 35.0–39.9%                   | 235        | 3.6%    |
| 40.0-49.9%                   | 485        | 7.4%    |
| Severely rent-burdened        | 885        | 13.5%   |
| Total rent-burdened           | 2,219      | 33.7%   |

## Affordable housing shortage
### Rent vs median household income
| Year      | Median Household Income | Amount ($) |
|-----------|-------------------------|------------|
| 2010      | 17,449                  | 17,449     |
| 2021      | 30,353                  | 30,353     |
| Increase   | 74.0%                   |            |

| Year      | Median Rent | Amount ($) |
|-----------|--------------|------------|
| 2010      | 585          | 585        |
| 2021      | 492          | 492        |
| Increase   | -15.9%       |            |

| Supply, Demand & Shortage      | Units |
|--------------------------------|-------|
| Supply (current stock)        | 1,888 |
| Demand (total units needed)   | 1,743 |
| Shortage                       | 690   |
| Supply/Demand Ratio            | 108.3%|

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

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