Builders Patch | HousingCount Island County affordable housing data.

Island County

Summary

26.8% share of renter households
43.5% share of low-income households
45.8% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 9,419
Homeowner households 25,683
Total households 35,102

Low-income renter households

Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 1,478
Very low-income (31-50% AMI) 1,095
Low-income (51-80% AMI) 1,526
All low-income households (<80% AMI) 4,099

Rent-burdened households

Share of income spent on rent

Households % share
Moderately rent-burdened 2,614
30.0–34.9% 1,227
35.0–39.9% 630
40.0-49.9% 757
Severely rent-burdened 1,704
≥50.0% 1,704
All rent-burdened households 4,318

Affordable housing shortage

Rent vs median household income

Measure Amount ($)
Median household income (2010) 38,422
Median household income (2021) 53,001
Increase (2010–2021) 37.9%
Median rent (2010) 820
Median rent (2021) 1,237
Increase (2010–2021) 50.9%

Affordable housing stock

Measure Units
Supply (current stock) 5,223
Demand (total units needed) 2,102
Shortage -1,581
Total shortage -1,581
Supply/demand ratio 248.5%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Income ceiling Low-income LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 10452 N/A 1 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 94538 N/A 1 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 32208 N/A 0 $504,385
HUNTINGTON RESERVE NA 2006 N/A 32773 N/A 0 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 91768 N/A 1 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 10459 N/A 1 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 33905 N/A 0 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 90018 N/A 1 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 92243 N/A 1 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 95490 N/A 1 $435,816
HILTON SENIOR APTS New construction 2007 N/A 14468 N/A 0 $242,084
... ... ... ... ... ... ... ...

HousingCount