Builders Patch | HousingCount Marion County affordable housing data.
Marion County
Summary
23.2%
share of renter households
39.5%
share of low-income households
34.6%
share of rent-burdened households
Renter population data
Renters vs homeowners
Share of income spent on rent
Households
| Type | Number of Households | % share |
|---|---|---|
| Renter households | 2,722 | 23.2% |
| Homeowner households | 8,996 | 76.8% |
| Total households | 11,718 | 100.0% |
Low-income renter households
Renter households by income group
| Income Group | Number of Households | % share |
|---|---|---|
| Extremely low-income ≤30% AMI | 408 | 15.0% |
| Very low-income 31-50% AMI | 476 | 17.5% |
| Low-income 51-80% AMI | 192 | 7.1% |
| All low-income households <80% AMI | 1,076 | 39.5% |
Rent-burdened households
Share of income spent on rent
| Category | Number of Households | % share |
|---|---|---|
| Moderately rent-burdened | 554 | 20.4% |
| 30.0–34.9% | 89 | 3.3% |
| 35.0–39.9% | 311 | 11.4% |
| 40.0-49.9% | 154 | 5.7% |
| Severely rent-burdened | 388 | 14.3% |
| ≥50.0% | 388 | 14.3% |
| All rent-burdened households | 942 | 34.6% |
Affordable housing shortage
Rent vs median household income
| Year | Median Household Income ($) | Median Rent ($) | Increase (%) |
|---|---|---|---|
| 2010 | 23,163 | 467 | - |
| 2021 | 31,202 | 518 | 34.7% |
Affordable housing stock
| Type | Units |
|---|---|
| Supply (current stock) | 1,956 |
| Demand (total units needed) | 812 |
| Shortage | -527 |
| Total shortage | -527 |
| Supply/Demand ratio | 240.9% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Property Name | Type | Year | Zipcode | Number of Units | Income Ceiling | 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 | |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 1 | N/A | $674,261 | |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 1 | N/A | $1,142,750 | |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 1 | N/A | $435,816 | |
| HILTON SENIOR APTS | New construction | 2007 | N/A | 0 | N/A | $242,084 |
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