# Essex County

### Summary

- **23.4%** share of renter households
- **48.2%** share of low-income households
- **41.3%** share of rent-burdened households

### Renter population data

#### Renters vs homeowners
| Households              | % share |
|------------------------|---------|
| Renter households      | 3,676   |
| Homeowner households    | 12,038  |
| Total households       | 15,714  |

#### Low-income renter households
| Income Group           | Households | % share |
|------------------------|------------|---------|
| Extremely low-income    | 526        | 14.3%   |
| Very low-income        | 411        | 11.2%   |
| Low-income             | 833        | 22.7%   |
| All low-income         | 1,770      | 48.2%   |

#### Rent-burdened households
| Burden Level           | Households | % share |
|------------------------|------------|---------|
| Moderately rent-burdened| 853       | 23.2%   |
| 30.0–34.9%            | 198        | 5.4%    |
| 35.0–39.9%            | 194        | 5.3%    |
| 40.0-49.9%            | 461        | 12.5%   |
| Severely rent-burdened  | 667        | 18.1%   |
| All rent-burdened       | 1,520     | 41.3%   |

### Affordable housing shortage

#### Rent vs median household income
| Year       | Median Household Income | Median Rent |
|------------|------------------------|-------------|
| 2010       | $31,920                | $484        |
| 2021       | $33,944                | $711        |
| Increase (2010–2021) | 6.3%    | 46.9%       |

#### Affordable housing stock
| Type                        | Units         |
|-----------------------------|---------------|
| Supply (current stock)      | 6,451         |
| Demand (total units needed) | 788           |
| Shortage                    | -2,838        |
| Supply/Demand Ratio         | 818.7%        |

## **HUD National Low Income Housing Tax Credit (LIHTC) Database**

| Name                                 | Type                      | Year | Zipcode | Low-income | LIHTC Allocation   |
|--------------------------------------|---------------------------|------|---------|------------|-------------------|
| HIGHBRIDGE OVERLOOK                  | New construction          | 2014 | 10452   | 60% AMI   | $1,804,887        |
| IRVINGTON FAMILY APTS                | New construction          | 2007 | 94538   | 60% AMI   | $1,378,252        |
| HILLTOP VILLAGE                      | New construction - Acquisition and Rehab | 2012 | 32208 | 60% AMI | $504,385          |
| HUNTINGTON RESERVE                   | NA                        | 2006 | 32773   | 60% AMI   | $424,046          |
| HOLT + HAMILTON FAMILY APARTMENTS    | New construction          | 2016 | 91768   | 60% AMI   | $1,557,010        |
| INTERVALE GARDENS LLC                | New construction          | 2008 | 10459   | 60% AMI   | $659,087          |
| HOMES OF RENAISSANCE PRESERVE II     | New construction          | 2012 | 33905   | 60% AMI   | $1,510,000        |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS| New construction        | 2013 | 90018   | 60% AMI   | $674,261          |
| IMPERIAL GARDENS FAMILY APTS         | New construction          | 2009 | 92243   | 60% AMI   | $1,142,750        |
| HOLLY HEIGHTS I + II APARTMENTS      | Acquisition and Rehab     | 2016 | 95490   | 60% AMI   | $435,816          |
| HILTON SENIOR APTS                   | New construction          | 2007 | 14468   | 60% AMI   | $242,084          |
| JEFFERSON AVENUE                     | New construction          | 2020 | 14208   | 60% AMI   | $0                |
| INGRAIN PRESERVATION                 | Acquisition and Rehab     | 2005 | 90026   | 60% AMI   | $390,500          |
| JACOB'S HILL                         | New construction          | 2006 | 10567   | 60% AMI   | $1,420,505        |
| HOWARD AVENUE CLUSTER                | Acquisition and Rehab     | 2006 | 11233   | 60% AMI   | $50,769           |
| JACKSON TERRACE                      | Acquisition and Rehab     | 2006 | 11550   | 60% AMI   | $1,557,608        |
| JEFFERSON CLUSTER (ATLANTIC AVE)    | Acquisition and Rehab     | 2006 | 11216   | 60% AMI   | $88,403           |
| JEAN C MCKINNEY MANOR               | New construction          | 2005 | 92114   | 60% AMI   | $562,511          |  
| ...                                  | ...                       | ...  | ...     | ...        | ...               |

HousingCount

Builders Patch Inc. © 2025 – All rights reserved.