Builders Patch | HousingCount Chester County affordable housing data.

Chester County

Summary

24.1% share of renter households
44.3% share of low-income households
28.7% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 1,475
Homeowner households 4,633
Total households 6,108

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 164
Very low-income (31-50% AMI) 339
Low-income (51-80% AMI) 150
All low-income households (<80% AMI) 653

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 218 14.8%
30.0–34.9% 126 8.5%
35.0–39.9% 39 2.6%
40.0-49.9% 53 3.6%
Severely rent-burdened 205 13.9%
≥50.0% 205 13.9%
All rent-burdened households 423 28.7%

Affordable housing shortage

Rent vs median household income

Year Median household income Median rent
2010 $23,088 $341
2021 $30,007 $474
Increase (2010–2021) 30.0% 39.0%

Affordable housing stock

Units Amount
Supply (current stock) 704
Demand (total units needed) 327
Shortage -111

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Income Ceiling Units LIHTC Allocation Market Rate Low-income Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 154 $1,804,887 N/A 60% AMI N/A
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 99 $1,378,252 N/A 60% AMI N/A
HILLTOP VILLAGE New construction - Acquisition 2012 N/A N/A 200 $504,385 N/A 60% AMI N/A
HUNTINGTON RESERVE NA 2006 N/A N/A 168 $424,046 N/A 60% AMI N/A
HOLT + HAMILTON FAMILY APTS New construction 2016 N/A N/A 61 $1,557,010 N/A 60% AMI N/A

... (More rows follow the same structure for each property) ...