Builders Patch | HousingCount Mitchell County affordable housing data.

Mitchell County

Summary

21.5%

share of renter households
37.1%

share of low-income households
30.2%

share of rent-burdened households

Renter population data

Renters vs homeowners Share of income spent on rent
Households % share
Renter households 1,386
Homeowner households 5,052
Total households 6,438
Low-income renter households
Renter households by income group Households % share
Extremely low-income ≤30% AMI 147
Very low-income 31-50% AMI 141
Low-income 51-80% AMI 226
All low-income households <80% AMI 514

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 274 19.8%
30.0–34.9% 107 7.7%
35.0–39.9% 115 8.3%
40.0-49.9% 52 3.8%
Severely rent-burdened 144 10.4%
≥50.0% 144 10.4%
All rent-burdened households 418 30.2%

Affordable housing shortage

Rent vs median household income
Median household income Amount ($)
in 2010 16,110
in 2021 29,510
Increase (2010–2021) 83.2%
Median rent Amount ($)
in 2010 369
in 2021 493
Increase (2010–2021) 33.6%
Affordable housing stock Supply, demand & shortage
Units Supply (current stock)
526
Demand (total units needed) 283
Shortage -18
-18 total shortage 185.9% supply/demand ratio

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Location Number of units Year LIHTC allocation Type
HIGHBRIDGE OVERLOOK 10452 N/A 2014 N/A New construction
IRVINGTON FAMILY APTS 94538 N/A 2007 N/A New construction
HILLTOP VILLAGE 32208 N/A 2012 N/A New construction - Rehab
HUNTINGTON RESERVE 32773 N/A 2006 N/A NA
HOLT + HAMILTON FAMILY APARTMENTS 91768 N/A 2016 N/A New construction
INTERVALE GARDENS LLC 10459 N/A 2008 N/A New construction
HOMES OF RENAISSANCE PRESERVE II 33905 N/A 2012 N/A New construction
JEFFERSON BOULEVARD & FIFTH AVENUE APTS 90018 N/A 2013 N/A New construction
IMPERIAL GARDENS FAMILY APTS 92243 N/A 2009 N/A New construction
HOLLY HEIGHTS I + II APARTMENTS 95490 N/A 2016 N/A Acquisition and Rehab
.... (and so on for other properties) ...