# Guilford County

### Summary

40.4%

share of renter households

43.7%

share of low-income households

45.7%

share of rent-burdened households

### Renter population data

Renters vs homeowners

| Households         | % share  |
|--------------------|----------|
| Renter households   | 84,625   | 40.4%    |
| Homeowner households| 124,977  | 59.6%    |
| Total households    | 209,602  | 100.0%   |

Low-income renter households

| Households                 | % share       |
|----------------------------|---------------|
| Extremely low-income (≤30% AMI) | 13,302 | 15.7%   |
| Very low-income (31-50% AMI)     | 7,073  | 8.4%    |
| Low-income (51-80% AMI)          | 16,644 | 19.7%   |
| All low-income households (<80% AMI) | 37,019 | 43.7%   |

Rent-burdened households

| Households                | % share        |
|---------------------------|----------------|
| Moderately rent-burdened  | 21,591 | 25.5%    |
| 30.0–34.9%                | 7,244  | 8.6%    |
| 35.0–39.9%                | 5,678  | 6.7%    |
| 40.0-49.9%                | 8,669  | 10.2%   |
| Severely rent-burdened    | 17,083 | 20.2%    |
| All rent-burdened households | 38,674 | 45.7%    |

### Affordable housing shortage

Rent vs median household income

|   Year  | Median household income | Median rent |  Increase (2010–2021)  |
|---------|-------------------------|-------------|-------------------------|
|   2010  | $27,262                 | $363       | -                       |
|   2021  | $37,961                 | $781       | 39.2%                  |

Affordable housing stock

| Supply (current stock) | Demand (total units needed) | Shortage |
|------------------------|-----------------------------|----------|
| 7,343                  | 19,458                      | 14,348   |

To contact us about our findings or for more info on affordable housing, please visit our website.