Builders Patch | HousingCount Citrus County affordable housing data.
Citrus County
Summary
16.3%
share of renter households
49.8%
share of low-income households
47.6%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 10,738 |
| Homeowner households | 55,105 |
| Total households | 65,843 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income ≤30% AMI | 1,230 |
| Very low-income 31-50% AMI | 2,045 |
| Low-income 51-80% AMI | 2,074 |
| All low-income households <80% AMI | 5,349 |
Rent-burdened households
| Households | % share |
|---|---|
| Moderately rent-burdened | 2,222 |
| 30.0–34.9% | 822 |
| 35.0–39.9% | 643 |
| 40.0-49.9% | 757 |
| Severely rent-burdened | 2,886 |
| ≥50.0% | 2,886 |
| All rent-burdened households | 5,108 |
Affordable housing shortage
Rent vs median household income
| Median household income | Amount ($) |
|---|---|
| in 2010 | 25,037 |
| in 2021 | 32,609 |
| Increase (2010–2021) | 30.2% |
| Median rent | Amount ($) |
|---|---|
| in 2010 | 791 |
| in 2021 | 749 |
| Increase (2010–2021) | -5.3% |
Affordable housing stock
| Supply (current stock) | 1,193 | | Demand (total units needed) | 2,772 | | Shortage | 1,804 | | Total shortage | 1,804 | | Supply/demand ratio | 43.0% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Location | Number of units | Income ceiling | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 154 | 60% AMI | $1,804,887 | |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 99 | 60% AMI | $1,378,252 | |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 | |
| HUNTINGTON RESERVE | N/A | 2006 | N/A | 168 | 60% AMI | $424,046 | |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 61 | 60% AMI | $1,557,010 | |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 65 | 60% AMI | $659,087 | |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 88 | 60% AMI | $1,510,000 | |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 39 | 60% AMI | $674,261 | |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 76 | 60% AMI | $1,142,750 | |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 41 | 60% AMI | $435,816 |
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