Builders Patch | HousingCount Lenoir County affordable housing data.
Lenoir County
Summary
42.3%
share of renter households
41.2%
share of low-income households
40.1%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 9,634 |
| Homeowner households | 13,133 |
| Total households | 22,767 |
Low-income renter households
Renter households by income group
| Households | % share |
|---|---|
| Extremely low-income | ≤30% AMI |
| Very low-income | 31-50% AMI |
| Low-income | 51-80% AMI |
| All low-income households | <80% AMI |
Rent-burdened households
Share of income spent on rent
| Households | % share |
|---|---|
| Moderately rent-burdened | 2,051 |
| 30.0–34.9% | 583 |
| 35.0–39.9% | 736 |
| 40.0-49.9% | 732 |
| Severely rent-burdened | 1,817 |
| ≥50.0% | 1,817 |
| All rent-burdened households | 3,868 |
Affordable housing shortage
Rent vs median household income
| Year | Median household income ($) | Median rent ($) | Increase (%) |
|---|---|---|---|
| 2010 | 19,387 | 482 | 55.2% |
| 2021 | 30,092 | 485 | 0.6% |
Affordable housing stock
| Units | Supply (current stock) | Demand (total units needed) | Shortage |
|---|---|---|---|
| 1,522 | 2,381 | 1,190 | |
| 63.9% | |||
| supply/demand ratio |
HUD National Low Income Housing Tax Credit (LIHTC) Database
List of states
| Name | Type | Year | Zipcode | Number of units | Income ceiling | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 154 | 60% AMI | $1,804,887 | |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 99 | 60% AMI | $1,378,252 | |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 | |
| HUNTINGTON RESERVE | N/A | 2006 | N/A | 168 | 60% AMI | $424,046 | |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 61 | 60% AMI | $1,557,010 | |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 65 | 60% AMI | $659,087 | |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 88 | 60% AMI | $1,510,000 | |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 39 | 60% AMI | $674,261 | |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 76 | 60% AMI | $1,142,750 | |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 41 | 60% AMI | $435,816 | |
| HILTON SENIOR APTS | New construction | 2007 | N/A | 69 | 60% AMI | $242,084 | |
| JEFFERSON AVENUE | New construction | 2020 | N/A | 79 | 60% AMI | $0 | |
| INGRAM PRESERVATION | Acquisition and Rehab | 2005 | N/A | 135 | 60% AMI | $390,500 | |
| JACOB'S HILL | New construction | 2006 | N/A | 103 | 60% AMI | $1,420,505 | |
| HOWARD AVENUE CLUSTER | Acquisition and Rehab | 2006 | N/A | 5 | 60% AMI | $50,769 | |
| JACKSON TERRACE | Acquisition and Rehab | 2006 | N/A | 417 | 60% AMI | $1,557,608 | |
| JEFFERSON CLUSTER (ATLANTIC AVE) | Acquisition and Rehab | 2006 | N/A | 12 | 60% AMI | $88,403 | |
| JEFFERSON CLUSTER (161 HALSEY ST) | Acquisition and Rehab | 2005 | N/A | 6 | 60% AMI | $64,594 | |
| HOLLYWOOD WESTERN APTS | New construction | 2003 | N/A | 59 | 60% AMI | $911,341 | |
| HUDSON RIDGE | New construction | 2010 | N/A | 168 | 60% AMI | $761,458 |