# 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       | 215.3% supply/demand ratio

### 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) ...