Builders Patch | HousingCount Henry County affordable housing data.
Henry County
Summary
23.9%
share of renter households
45.1%
share of low-income households
37.2%
share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 3,093 |
| Homeowner households | 9,845 |
| Total households | 12,938 |
Low-income renter households
| Renter households by income group | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 370 | 12.0% |
| Very low-income (31-50% AMI) | 492 | 15.9% |
| Low-income (51-80% AMI) | 532 | 17.2% |
| All low-income households (<80% AMI) | 1,394 | 45.1% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 564 | 18.2% |
| 30.0–34.9% | 166 | 5.4% |
| 35.0–39.9% | 129 | 4.2% |
| 40.0-49.9% | 269 | 8.7% |
| Severely rent-burdened | 588 | 19.0% |
| ≥50.0% | 588 | 19.0% |
| All rent-burdened households | 1,152 | 37.2% |
Affordable housing shortage
Rent vs median household income
| Metric | Amount ($) |
|---|---|
| Median household income | |
| in 2010 | 23,199 |
| in 2021 | 27,722 |
| Increase (2010–2021) | 19.5% |
| Median rent | |
| in 2010 | 393 |
| in 2021 | 479 |
| Increase (2010–2021) | 21.9% |
Affordable housing stock
| Metric | Units |
|---|---|
| Supply (current stock) | 240 |
| Demand (total units needed) | 788 |
| Shortage | 609 |
| Total shortage | 30.5% |
| Supply/demand ratio |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Location | Number of units | Income ceiling | LIHTC allocation | Year | Type | AMI | Amount |
|---|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | N/A | 1 | N/A | $1,804,887 | 2014 | New construction | 60% AMI | |
| IRVINGTON FAMILY APTS | N/A | 1 | N/A | $1,378,252 | 2007 | New construction | 60% AMI | |
| HILLTOP VILLAGE | N/A | 0 | N/A | $504,385 | 2012 | New construction - Acquisition and Rehab | 60% AMI | |
| HUNTINGTON RESERVE | N/A | 0 | N/A | $424,046 | 2006 | N/A | 60% AMI | |
| HOLT + HAMILTON FAMILY APARTMENTS | N/A | 1 | N/A | $1,557,010 | 2016 | New construction | 60% AMI | |
| INTERVALE GARDENS LLC | N/A | 1 | N/A | $659,087 | 2008 | New construction | 60% AMI | |
| HOMES OF RENAISSANCE PRESERVE II | N/A | 0 | N/A | $1,510,000 | 2012 | New construction | 60% AMI | |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | N/A | 1 | N/A | $674,261 | 2013 | New construction | 60% AMI | |
| IMPERIAL GARDENS FAMILY APTS | N/A | 1 | N/A | $1,142,750 | 2009 | New construction | 60% AMI | |
| HOLLY HEIGHTS I + II APARTMENTS | N/A | 1 | N/A | $435,816 | 2016 | Acquisition and Rehab | 60% AMI |