Builders Patch | HousingCount Edgecombe County affordable housing data.

Edgecombe County

Summary

38.6% share of renter households
44.9% share of low-income households
38.3% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 7,437
Homeowner households 11,822
Total households 19,259

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 1,502
Very low-income (31-50% AMI) 608
Low-income (51-80% AMI) 1,230
All low-income households (<80% AMI) 3,340

Rent-burdened households

Households % share
Moderately rent-burdened 1,320
30.0–34.9% 402
35.0–39.9% 489
40.0-49.9% 429
Severely rent-burdened 1,528
≥50.0% 1,528
All rent-burdened households 2,848

Affordable housing shortage

Rent vs median household income

Year Median household income ($) Median rent ($) Increase (2010–2021)
2010 18,847 542
2021 26,619 476 41.2%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
1,650 1,992 1,034 82.8%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode 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 Acquisition and Rehab 2012 N/A 200 60% AMI $504,385
HUNTINGTON RESERVE NA 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