Builders Patch | HousingCount Franklin County affordable housing data.
Franklin County
Summary
25.7% share of renter households
35.7% share of low-income households
35.3% share of rent-burdened households
Renter population data
Renter households
| Type |
Households |
% share |
| Renter households |
4,227 |
25.7% |
| Homeowner households |
12,240 |
74.3% |
| Total households |
16,467 |
100.0% |
Low-income renter households
| Income Group |
Households |
% share |
| Extremely low-income |
720 |
17.0% |
| Very low-income |
507 |
12.0% |
| Low-income |
284 |
6.7% |
| All low-income |
1,511 |
35.7% |
Rent-burdened households
| Burden Type |
Households |
% share |
| Moderately rent-burdened |
832 |
19.7% |
| 30.0–34.9% |
354 |
8.4% |
| 35.0–39.9% |
280 |
6.6% |
| 40.0-49.9% |
198 |
4.7% |
| Severely rent-burdened |
662 |
15.7% |
| All rent-burdened |
1,494 |
35.3% |
Affordable housing shortage
Rent vs median household income
| Year |
Median Household Income ($) |
Median Rent ($) |
Increase (%) |
| 2010 |
25,281 |
360 |
- |
| 2021 |
30,869 |
559 |
55.3% |
Affordable housing stock
| Supply/Demand |
Units |
| Supply (current stock) |
567 |
| Demand (total units needed) |
1,096 |
| Total Shortage |
749 |
| Supply/Demand Ratio |
51.7% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Location |
Number of Units |
LIHTC Allocation |
Income Ceiling |
Type |
Year |
Zipcode |
Amount |
Low-income Percentage |
| HIGHBRIDGE OVERLOOK |
N/A |
1 |
$1,804,887 |
60% AMI |
New construction |
2014 |
N/A |
N/A |
N/A |
| IRVINGTON FAMILY APTS |
N/A |
1 |
$1,378,252 |
60% AMI |
New construction |
2007 |
N/A |
N/A |
N/A |
| HILLTOP VILLAGE |
N/A |
0 |
$504,385 |
60% AMI |
New construction - Acquisition and Rehab |
2012 |
N/A |
N/A |
N/A |
| HUNTINGTON RESERVE |
N/A |
0 |
$424,046 |
60% AMI |
New construction |
2006 |
N/A |
N/A |
N/A |
| HOLT + HAMILTON FAMILY APTS |
N/A |
1 |
$1,557,010 |
60% AMI |
New construction |
2016 |
N/A |
N/A |
N/A |
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