Builders Patch | HousingCount Herkimer County affordable housing data.

Herkimer County

Summary

25.2%
share of renter households
49.6%
share of low-income households
34.8%
share of rent-burdened households

Renter population data

Renters vs homeowners

Type Households % share
Renter households 6,171 25.2%
Homeowner households 18,270 74.8%
Total households 24,441 100.0%

Low-income renter households

Income Category Households % share
Extremely low-income 384 6.2%
Very low-income 1,419 23.0%
Low-income 1,257 20.4%
All low-income 3,060 49.6%

Rent-burdened households

Burden Category Households % share
Moderately rent-burdened 1,079 17.5%
30.0–34.9% 484 7.8%
35.0–39.9% 255 4.1%
40.0-49.9% 340 5.5%
Severely rent-burdened 1,069 17.3%
≥50.0% 1,069 17.3%
All rent-burdened 2,148 34.8%

Affordable housing shortage

Metric Amount ($)
Median household income (2010) 23,071
Median household income (2021) 31,462
Increase (2010–2021) 36.4%
Median rent (2010) 596
Median rent (2021) 604
Increase (2010–2021) 1.3%

Affordable housing stock

Metric Units
Supply (current stock) 1,083
Demand (total units needed) 1,275
Total shortage 508
Supply/demand ratio 84.9%

HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states

Name Type Year Zipcode Number of units Income ceiling LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 10452 N/A 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 94538 N/A 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 32208 N/A 60% AMI $504,385
HUNTINGTON RESERVE NA 2006 32773 N/A 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 91768 N/A 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 10459 N/A 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 33905 N/A 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 90018 N/A 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 92243 N/A 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 95490 N/A 60% AMI $435,816

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