# Obion County

## Summary

**35.1%** share of renter households  
**45.4%** share of low-income households  
**34.9%** share of rent-burdened households

## Renter population data
### Renters vs homeowners
| Households                   | % share   |
|------------------------------|-----------|
| Renter households            | 4,391     |
| Homeowner households         | 8,135     |
| **Total households**         | **12,526**|

### Low-income renter households
#### Renter households by income group
| Households                   | % share   |
|------------------------------|-----------|
| Extremely low-income          | ≤30% AMI  |
| Very low-income              | 31-50% AMI|
| Low-income                   | 51-80% AMI|
| All low-income households     | <80% AMI  |

### Rent-burdened households
| Category                    | Households | % share   |
|-----------------------------|------------|-----------|
| Moderately rent-burdened    | 915        | 20.8%     |
| 30.0–34.9%                  | 320        | 7.3%      |
| 35.0–39.9%                  | 249        | 5.7%      |
| 40.0-49.9%                  | 346        | 7.9%      |
| Severely rent-burdened      | 616        | 14.0%     |
| **All rent-burdened households** | **1,531**  | **34.9%**  |

## Affordable housing shortage
### Rent vs median household income
| Year      | Median household income ($) | Median rent ($) | 
|-----------|-----------------------------|-----------------|
| 2010      | 24,388                      | 327             |
| 2021      | 29,034                      | 464             |

### Affordable housing stock
| Supply (current stock) | Demand (total units needed) | Shortage | Supply/Demand Ratio |
|------------------------|-----------------------------|----------|---------------------|
| 3,223                  | 1,013                       | -1,254   | 318.2%              |

## HUD National Low Income Housing Tax Credit (LIHTC) Database

| Name                                        | Type                              | Year | Zipcode | Market Rate | Low-income | Type            | Amount      |
|---------------------------------------------|-----------------------------------|------|---------|-------------|------------|-----------------|-------------|
| HIGHBRIDGE OVERLOOK                         | New construction                   | 2014 | N/A     | N/A         | 154        | 60% AMI        | $1,804,887  |
| IRVINGTON FAMILY APTS                       | New construction                   | 2007 | N/A     | N/A         | 99         | 60% AMI        | $1,378,252  |
| HILLTOP VILLAGE                             | New construction - Acquisition and Rehab| 2012 | N/A  | N/A         | 200        | 60% AMI        | $504,385    |
| HUNTINGTON RESERVE                          | New construction                   | 2006 | N/A     | N/A         | 168        | 60% AMI        | $424,046    |
| HOLT + HAMILTON FAMILY APARTMENTS          | New construction                   | 2016 | N/A     | N/A         | 61         | 60% AMI        | $1,557,010  |
| INTERVALE GARDENS LLC                       | New construction                   | 2008 | N/A     | N/A         | 65         | 60% AMI        | $659,087    |
| HOMES OF RENAISSANCE PRESERVE II            | New construction                   | 2012 | N/A     | N/A         | 88         | 60% AMI        | $1,510,000  |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS   | New construction                   | 2013 | N/A     | N/A         | 39         | 60% AMI        | $674,261    |
| IMPERIAL GARDENS FAMILY APTS                | New construction                   | 2009 | N/A     | N/A         | 76         | 60% AMI        | $1,142,750  |
| HOLLY HEIGHTS I + II APARTMENTS             | Acquisition and Rehab              | 2016 | N/A     | N/A         | 41         | 60% AMI        | $435,816    |

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