Builders Patch | HousingCount Mineral County affordable housing data.

Mineral County

Summary

26.4% share of renter households
52.9% share of low-income households
39.2% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 102
Homeowner households 284
Total households 386
Low-income renter households

Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 29
Very low-income (31-50% AMI) 7
Low-income (51-80% AMI) 18
All low-income households (<80% AMI) 54

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 14 13.7%
30.0–34.9% 9 8.8%
35.0–39.9% 5 4.9%
40.0-49.9% 0 0.0%
Severely rent-burdened 26 25.5%
≥50.0% 26 25.5%
All rent-burdened households 40 39.2%

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 34,118
in 2021 46,375
Increase (2010–2021) 35.9%
Median rent Amount ($)
in 2010 605
in 2021 823
Increase (2010–2021) 36.0%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
5,338 35 -2,964 15251.4%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Location 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 NA 2006 N/A 168 60% AMI $424,046
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