Builders Patch | HousingCount Hertford County affordable housing data.
Hertford County
Summary
- 32.6% share of renter households
- 45.7% share of low-income households
- 48.2% share of rent-burdened households
Renter population data
| Type | Households | % share |
|---|---|---|
| Renter households | 2,691 | 32.6% |
| Homeowner households | 5,552 | 67.4% |
| Total households | 8,243 | 100.0% |
| Low-income renter households |
Renter households by income group
| Income Group | Households | % share |
|---|---|---|
| Extremely low-income | 396 | 14.7% |
| Very low-income | 330 | 12.3% |
| Low-income | 505 | 18.8% |
| All low-income households | 1,231 | 45.7% |
Rent-burdened households
| Type | Households | % share |
|---|---|---|
| Moderately rent-burdened | 682 | 25.3% |
| 30.0–34.9% | 198 | 7.4% |
| 35.0–39.9% | 183 | 6.8% |
| 40.0-49.9% | 301 | 11.2% |
| Severely rent-burdened | 616 | 22.9% |
| All rent-burdened households | 1,298 | 48.2% |
Affordable housing shortage
- Median household income
- 2010: $19,757
- 2021: $26,943
- Increase (2010–2021): 36.4%
- Median rent
- 2010: $498
- 2021: $530
- Increase (2010–2021): 6.4%
| Metric | Amount ($) |
|---|---|
| Supply (current stock) | 77 |
| Demand (total units needed) | 663 |
| Shortage | 605 |
| Total shortage | 605 |
| Supply/Demand ratio | 11.6% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Units | Market Rate | Low-income | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 10452 | N/A | 1 | N/A | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 94538 | N/A | 1 | N/A | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 32208 | N/A | 0 | N/A | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | 32773 | N/A | 0 | N/A | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 91768 | N/A | 1 | N/A | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 10459 | N/A | 1 | N/A | $659,087 |
| ... (other properties omitted for brevity) ... |
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