Builders Patch | HousingCount Nevada County affordable housing data.
Nevada County
Summary
24.6%
share of renter households
42.4%
share of low-income households
57.0%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 10,072 |
| Homeowner households | 30,805 |
| Total households | 40,877 |
Low-income renter households
Renter households by income group
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 1,439 |
| Very low-income (31-50% AMI) | 1,521 |
| Low-income (51-80% AMI) | 1,315 |
| All low-income households (<80% AMI) | 4,275 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 2,544 | 25.3% |
| 30.0–34.9% | 854 | 8.5% |
| 35.0–39.9% | 449 | 4.5% |
| 40.0-49.9% | 1,241 | 12.3% |
| Severely rent-burdened | 3,194 | 31.7% |
| ≥50.0% | 3,194 | 31.7% |
| All rent-burdened households | 5,738 | 57.0% |
Affordable housing shortage
Rent vs median household income
| Metric | Amount ($) |
|---|---|
| Median household income in 2010 | 40,260 |
| Median household income in 2021 | 42,888 |
| Increase (2010–2021) | 6.5% |
| Median rent in 2010 | 1,344 |
| Median rent in 2021 | 1,197 |
| Increase (2010–2021) | -10.9% |
Affordable housing stock
| Metric | Units |
|---|---|
| Supply (current stock) | 1,133 |
| Demand (total units needed) | 2,588 |
| Total shortage | 1,729 |
| Supply/Demand ratio | 43.8% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | N/A | 2014 | N/A | 1 | N/A | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | N/A | 2007 | N/A | 1 | N/A | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | N/A | 2012 | N/A | 0 | N/A | $504,385 |
| HUNTINGTON RESERVE | N/A | N/A | 2006 | N/A | 0 | N/A | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | N/A | 2016 | N/A | 1 | N/A | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | N/A | 2008 | N/A | 1 | N/A | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | N/A | 2012 | N/A | 0 | N/A | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | N/A | 2013 | N/A | 1 | N/A | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | N/A | 2009 | N/A | 1 | N/A | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | N/A | 2016 | N/A | 1 | N/A | $435,816 |
| HILTON SENIOR APTS | New construction | N/A | 2007 | N/A | 0 | N/A | $242,084 |
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