Builders Patch | HousingCount Gaston County affordable housing data.
Gaston County
Summary
34.3% share of renter households
45.3% share of low-income households
43.5% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
30,433 |
| Homeowner households |
58,277 |
| Total households |
88,710 |
Low-income renter households
| Households |
% share |
| Extremely low-income ≤30% AMI |
4,638 |
| Very low-income 31-50% AMI |
3,309 |
| Low-income 51-80% AMI |
5,842 |
| All low-income households <80% AMI |
13,789 |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
6,461 |
21.2% |
| 30.0–34.9% |
2,425 |
8.0% |
| 35.0–39.9% |
1,652 |
5.4% |
| 40.0-49.9% |
2,384 |
7.8% |
| Severely rent-burdened |
6,777 |
22.3% |
| ≥50.0% |
6,777 |
22.3% |
| All rent-burdened households |
13,238 |
43.5% |
Affordable housing shortage
Rent vs median household income
| Median household income |
Amount ($) |
| in 2010 |
25,097 |
| in 2021 |
36,852 |
| Increase (2010–2021) |
46.8% |
| Median rent |
Amount ($) |
| in 2010 |
419 |
| in 2021 |
704 |
| Increase (2010–2021) |
68.0% |
Affordable housing stock
| Supply, demand & shortage |
Units |
| Supply (current stock) |
463 |
| Demand (total units needed) |
7,276 |
| Shortage |
6,908 |
| Total shortage |
6,908 |
| Supply/demand ratio |
6.4% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Location |
No. of units |
Income ceiling |
LIHTC allocation |
Type |
Year |
Zipcode |
Market Rate |
Low-income |
Amount |
| HIGHBRIDGE OVERLOOK |
N/A |
1 |
N/A |
60% AMI |
New construction |
2014 |
10452 |
N/A |
154 |
$1,804,887 |
| IRVINGTON FAMILY APTS |
N/A |
1 |
N/A |
60% AMI |
New construction |
2007 |
94538 |
N/A |
99 |
$1,378,252 |
| HILLTOP VILLAGE |
N/A |
0 |
N/A |
60% AMI |
New construction - Acquisition and Rehab |
2012 |
32208 |
N/A |
200 |
$504,385 |
| HUNTINGTON RESERVE |
N/A |
0 |
N/A |
60% AMI |
NA |
2006 |
32773 |
N/A |
168 |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
N/A |
1 |
N/A |
60% AMI |
New construction |
2016 |
91768 |
N/A |
61 |
$1,557,010 |
| INTERVALE GARDENS LLC |
N/A |
1 |
N/A |
60% AMI |
New construction |
2008 |
10459 |
N/A |
65 |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
N/A |
0 |
N/A |
60% AMI |
New construction |
2012 |
33905 |
N/A |
88 |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
N/A |
1 |
N/A |
60% AMI |
New construction |
2013 |
90018 |
N/A |
39 |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
N/A |
1 |
N/A |
60% AMI |
New construction |
2009 |
92243 |
N/A |
76 |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
N/A |
1 |
N/A |
60% AMI |
Acquisition and Rehab |
2016 |
95490 |
N/A |
41 |
$435,816 |
| HILTON SENIOR APTS |
N/A |
0 |
N/A |
60% AMI |
New construction |
2007 |
14468 |
N/A |
69 |
$242,084 |
| JEFFERSON AVENUE |
N/A |
10 |
N/A |
60% AMI |
New construction |
2020 |
14208 |
N/A |
79 |
$0 |
| INGRAM PRESERVATION |
N/A |
5 |
N/A |
60% AMI |
Acquisition and Rehab |
2005 |
90026 |
N/A |
135 |
$390,500 |
| JACOB'S HILL |
N/A |
0 |
N/A |
60% AMI |
New construction |
2006 |
10567 |
N/A |
103 |
$1,420,505 |