Builders Patch | HousingCount King County affordable housing data.
King County
Summary
43.4%
share of renter households
47.8%
share of low-income households
44.2%
share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 391,756 |
| Homeowner households | 510,552 |
| Total households | 902,308 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 66,111 |
| Very low-income (31-50% AMI) | 58,875 |
| Low-income (51-80% AMI) | 62,189 |
| All low-income households (<80% AMI) | 187,175 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 92,196 | 23.5% |
| 30.0–34.9% | 35,883 | 9.2% |
| 35.0–39.9% | 24,603 | 6.3% |
| 40.0-49.9% | 31,710 | 8.1% |
| Severely rent-burdened | 81,066 | 20.7% |
| ≥50.0% | 81,066 | 20.7% |
| All rent-burdened households | 173,262 | 44.2% |
Affordable housing shortage
| Category | Amount ($) |
|---|---|
| Median household income in 2010 | 41,744 |
| Median household income in 2021 | 72,704 |
| Increase (2010–2021) | 74.2% |
| Median rent in 2010 | 899 |
| Median rent in 2021 | 1,667 |
| Increase (2010–2021) | 85.4% |
Supply, demand & shortage
| Units | Amount |
|---|---|
| Supply (current stock) | 1,339 |
| Demand (total units needed) | 98,401 |
| Total shortage | 97,747 |
| Supply/demand ratio | 1.4% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Amount |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | N/A | 154 | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | N/A | 99 | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | N/A | 200 | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | N/A | 168 | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | N/A | 61 | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | N/A | 65 | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | N/A | 88 | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | N/A | 39 | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | N/A | 76 | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | N/A | 41 | $435,816 |
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