Builders Patch | HousingCount Franklin County affordable housing data.
Franklin County
Summary
- 30.2% share of renter households
- 41.7% share of low-income households
- 43.2% share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 8,384 |
| Homeowner households | 19,337 |
| Total households | 27,721 |
Low-income renter households
| Income Group | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 1,242 | 14.8% |
| Very low-income (31-50% AMI) | 1,090 | 13.0% |
| Low-income (51-80% AMI) | 1,168 | 13.9% |
| All low-income (<80% AMI) | 3,500 | 41.7% |
Rent-burdened households
| Type of Burden | Households | % share |
|---|---|---|
| Moderately rent-burdened | 1,996 | 23.8% |
| 30.0–34.9% | 726 | 8.7% |
| 35.0–39.9% | 575 | 6.9% |
| 40.0-49.9% | 695 | 8.3% |
| Severely rent-burdened | 1,623 | 19.4% |
| ≥50.0% | 1,623 | 19.4% |
| All rent-burdened | 3,619 | 43.2% |
Affordable housing shortage
| Metric | Amount |
|---|---|
| Median household income in 2010 | $26,858 |
| Median household income in 2021 | $40,690 |
| Increase (2010–2021) | 51.5% |
| Median rent in 2010 | $541 |
| Median rent in 2021 | $832 |
| Increase (2010–2021) | 53.8% |
| Supply (current stock) | 7,663 |
| Demand (total units needed) | 2,046 |
| Shortage | -2,432 |
| Total shortage | -2,432 |
| Supply/Demand ratio | 374.5% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Amount |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | N/A | N/A | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | N/A | N/A | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition | 2012 | N/A | N/A | N/A | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | N/A | N/A | $424,046 |
| HOLT + HAMILTON FAMILY APTS | New construction | 2016 | N/A | N/A | N/A | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | N/A | N/A | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | N/A | N/A | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVE | New construction | 2013 | N/A | N/A | N/A | $674,261 |
| ... | ... | ... | ... | ... | ... | ... |
*Note: Additional records may be available. Please refer to the original source for complete data or queries.