Builders Patch | HousingCount Lake County affordable housing data.

Lake County

Summary

46.7% share of renter households
44.7% share of low-income households
30.6% share of rent-burdened households

Renter population data

Renters vs homeowners

Households	% share
Renter households	968
Homeowner households	1,103
Total households	2,071

Renter households by income group

Households	% share
Extremely low-income (≤30% AMI)	266
Very low-income (31-50% AMI)	64
Low-income (51-80% AMI)	103
All low-income households (<80% AMI)	433

Rent-burdened households

Share of income spent on rent	Households	% share
Moderately rent-burdened	177	18.3%
30.0–34.9%	51	5.3%
35.0–39.9%	7	0.7%
40.0-49.9%	119	12.3%
Severely rent-burdened	119	12.3%
≥50.0%	119	12.3%
All rent-burdened households	296	30.6%

Affordable housing shortage

Rent vs median household income

Amount ($)	Year
Median household income	2010
	2021
Increase (2010–2021)
Median rent	2010
	2021
Increase (2010–2021)

Affordable housing stock

Units	Amount
Supply (current stock)	180
Demand (total units needed)	305
Total shortage	201
Supply/demand ratio	59.0%

HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states

Name	Type	Year	Zipcode	Market Rate	Low-income	Type	Amount
HIGHBRIDGE OVERLOOK	New construction	2014	N/A	1	154	N/A	$1,804,887
IRVINGTON FAMILY APTS	New construction	2007	N/A	1	99	N/A	$1,378,252
HILLTOP VILLAGE	New construction - Acquisition and Rehab	2012	N/A	0	200	N/A	$504,385
HUNTINGTON RESERVE	NA	2006	N/A	0	168	N/A	$424,046
HOLT + HAMILTON FAMILY APARTMENTS	New construction	2016	N/A	1	61	N/A	$1,557,010

... (Additional entries omitted for brevity) ...

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