Builders Patch | HousingCount Moore County affordable housing data.
Moore County
Summary
23.0%
share of renter households
39.3%
share of low-income households
38.1%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 9,344 |
| Homeowner households | 31,251 |
| Total households | 40,595 |
Low-income renter households
| Renter households by income group | Households | % share |
|---|---|---|
| Extremely low-income ≤30% AMI | 1,385 | 14.8% |
| Very low-income 31-50% AMI | 1,289 | 13.8% |
| Low-income 51-80% AMI | 997 | 10.7% |
| All low-income households <80% AMI | 3,671 | 39.3% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 1,850 | 19.8% |
| 30.0–34.9% | 779 | 8.3% |
| 35.0–39.9% | 441 | 4.7% |
| 40.0-49.9% | 630 | 6.7% |
| Severely rent-burdened | 1,709 | 18.3% |
| ≥50.0% | 1,709 | 18.3% |
| All rent-burdened households | 3,559 | 38.1% |
Affordable housing shortage
| Rent vs median household income | Amount ($) |
|---|---|
| Median household income in 2010 | 26,380 |
| Median household income in 2021 | 42,400 |
| Increase (2010–2021) | 60.7% |
| Median rent in 2010 | 468 |
| Median rent in 2021 | 768 |
| Increase (2010–2021) | 64.1% |
Affordable housing stock
| Supply, demand & shortage | Units |
|---|---|
| Supply (current stock) | 6,741 |
| Demand (total units needed) | 2,291 |
| Shortage | -3,017 |
| total shortage | -3,017 |
| supply/demand ratio | 294.2% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 1 | N/A | 60% AMI | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 1 | N/A | 60% AMI | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 0 | N/A | 60% AMI | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | 0 | N/A | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 1 | N/A | 60% AMI | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 1 | N/A | 60% AMI | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 0 | N/A | 60% AMI | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 1 | N/A | 60% AMI | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 1 | N/A | 60% AMI | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 1 | N/A | 60% AMI | $435,816 |
| HILTON SENIOR APTS | New construction | 2007 | N/A | 0 | N/A | 60% AMI | $242,084 |
| JEFFERSON AVENUE | New construction | 2020 | N/A | 10 | N/A | 60% AMI | $0 |
| INGRAM PRESERVATION | Acquisition and Rehab | 2005 | N/A | 5 | N/A | 60% AMI | $390,500 |
... (additional entries omitted for brevity)
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