Builders Patch | HousingCount Chowan County affordable housing data.
Chowan County
Summary
35.0% share of renter households
45.9% share of low-income households
37.1% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
2,196 |
| Homeowner households |
4,074 |
| Total households |
6,270 |
Low-income renter households
| Households |
% share |
| Extremely low-income ≤30% AMI |
516 |
| Very low-income 31-50% AMI |
195 |
| Low-income 51-80% AMI |
296 |
| All low-income households <80% AMI |
1,007 |
Rent-burdened households
| Households |
% share |
| Moderately rent-burdened |
332 |
| 30.0–34.9% |
266 |
| 35.0–39.9% |
36 |
| 40.0-49.9% |
30 |
| Severely rent-burdened |
483 |
| ≥50.0% |
483 |
| All rent-burdened households |
815 |
Affordable housing shortage
| Rent vs median household income |
Amount ($) |
| Median household income in 2010 |
19,627 |
| Median household income in 2021 |
27,123 |
| Increase (2010–2021) |
38.2% |
| Median rent in 2010 |
397 |
| Median rent in 2021 |
546 |
| Increase (2010–2021) |
37.5% |
| Affordable housing stock |
Units |
| Supply (current stock) |
1,703 |
| Demand (total units needed) |
687 |
| Shortage |
-503 |
| Total shortage |
-503 |
| Supply/demand ratio |
247.9% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Number of units |
Income ceiling |
LIHTC allocation |
| HIGHBRIDGE OVERLOOK |
New construction |
N/A |
10452 |
N/A |
60% AMI |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
N/A |
94538 |
N/A |
60% AMI |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
N/A |
32208 |
N/A |
60% AMI |
$504,385 |
| HUNTINGTON RESERVE |
NA |
N/A |
32773 |
N/A |
60% AMI |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
N/A |
91768 |
N/A |
60% AMI |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
N/A |
10459 |
N/A |
60% AMI |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
N/A |
33905 |
N/A |
60% AMI |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
N/A |
90018 |
N/A |
60% AMI |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
N/A |
92243 |
N/A |
60% AMI |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
N/A |
95490 |
N/A |
60% AMI |
$435,816 |