# Humboldt County

### Summary

42.4%

share of renter households

48.7%

share of low-income households

58.6%

share of rent-burdened households

### Renter population data

#### Renters vs homeowners

| Households             | % share  |
|-----------------------|----------|
| Renter households      | 22,798   | 42.4%  |
| Homeowner households   | 30,931   | 57.6%  |
| Total households       | 53,729   | 100.0% |

#### Low-income renter households

| Households                       | % share  |
|---------------------------------|----------|
| Extremely low-income ≤30% AMI   | 2,277    | 10.0%  |
| Very low-income 31-50% AMI      | 3,795    | 16.6%  |
| Low-income 51-80% AMI           | 5,032    | 22.1%  |
| All low-income households <80% AMI | 11,104 | 48.7%  |

#### Rent-burdened households

| Households                           | % share  |
|-------------------------------------|----------|
| Moderately rent-burdened            | 5,914    | 25.9%  |
| 30.0–34.9%                         | 1,923    | 8.4%   |
| 35.0–39.9%                         | 1,777    | 7.8%   |
| 40.0-49.9%                         | 2,214    | 9.7%   |
| Severely rent-burdened              | 7,440    | 32.6%  |
| ≥50.0%                             | 7,440    | 32.6%  |
| All rent-burdened households        | 13,354   | 58.6%  |

### Affordable housing shortage

#### Rent vs median household income

| Median household income      | Amount ($)  |
|-------------------------------|-------------|
| in 2010                       | 26,550      |
| in 2021                       | 32,398      |
| Increase (2010–2021)         | 22.0%       |

| Median rent                  | Amount ($)  |
|-------------------------------|-------------|
| in 2010                       | 551         |
| in 2021                       | 934         |
| Increase (2010–2021)         | 69.5%       |

#### Affordable housing stock

| Supply, demand & shortage     | Units       |
|-------------------------------|-------------|
| Supply (current stock)        | 489         |
| Demand (total units needed)   | 5,127       |
| Shortage                      | 4,850       |
| Total shortage                | 4,850       |
| Supply/demand ratio           | 9.5%        |

### HUD National Low Income Housing Tax Credit (LIHTC) Database

| Name                          | Type                    | Year | Zipcode | Market Rate | Low-income | LIHTC allocation   |
|-------------------------------|-------------------------|------|---------|-------------|------------|---------------------|
| HIGHBRIDGE OVERLOOK           | New construction         | 2014 | N/A     | 1           | N/A        | $1,804,887          |
| IRVINGTON FAMILY APTS         | New construction         | 2007 | N/A     | 1           | N/A        | $1,378,252          |
| HILLTOP VILLAGE               | New construction - Acquisition and Rehab | 2012 | N/A | 0    | N/A        | $504,385            |
| HUNTINGTON RESERVE            | NA                      | 2006 | N/A     | 0           | N/A        | $424,046            |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction      | 2016 | N/A     | 1           | N/A        | $1,557,010          |
| INTERVALE GARDENS LLC         | New construction         | 2008 | N/A     | 1           | N/A        | $659,087            |
| HOMES OF RENAISSANCE PRESERVE II | New construction      | 2012 | N/A     | 0           | N/A        | $1,510,000          |

... and many more properties.