Builders Patch | HousingCount Mecklenburg County affordable housing data.

Mecklenburg County

Summary

43.6% share of renter households
44.8% share of low-income households
44.3% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 189,796
Homeowner households 245,766
Total households 435,562

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 27,870
Very low-income (31-50% AMI) 25,760
Low-income (51-80% AMI) 31,428
All low-income households (<80% AMI) 85,058

Rent-burdened households

Households % share
Moderately rent-burdened 46,114
30.0–34.9% 17,448
35.0–39.9% 12,736
40.0-49.9% 15,930
Severely rent-burdened 37,873
≥50.0% 37,873
All rent-burdened households 83,987

Affordable housing shortage

Rent vs median household income

Year Amount ($)
2010 34,030
2021 52,986
Increase (2010–2021) 55.7%

Median rent

Year Amount ($)
2010 316
2021 1,131
Increase (2010–2021) 257.9%

Affordable housing stock

Units Amount
Supply (current stock) 12,007
Demand (total units needed) 40,776
Shortage 30,992
Total shortage 30,992
Supply/Demand Ratio 29.4%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Construction Year Zipcode Number of units Income ceiling LIHTC allocation Type Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 154 60% AMI $1,804,887 N/A N/A
IRVINGTON FAMILY APTS New construction 2007 N/A 99 60% AMI $1,378,252 N/A N/A
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 200 60% AMI $504,385 N/A N/A
HUNTINGTON RESERVE NA 2006 N/A 168 60% AMI $424,046 N/A N/A
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 61 60% AMI $1,557,010 N/A N/A

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