# Pamlico County

### Summary

**21.0%** share of renter households  
**39.1%** share of low-income households  
**33.4%** share of rent-burdened households

### Renter population data

#### Renters vs homeowners

| Households              | % share |
|------------------------|---------|
| Renter households      | 1,074   | 21.0%  |
| Homeowner households   | 4,046   | 79.0%  |
| Total households       | 5,120   | 100.0% |

#### Low-income renter households

| Renter households by income group | Households | % share |
|-----------------------------------|------------|---------|
| Extremely low-income ≤30% AMI     | 76         | 7.1%   |
| Very low-income 31-50% AMI        | 218        | 20.3%  |
| Low-income 51-80% AMI             | 126        | 11.7%  |
| All low-income households <80% AMI | 420        | 39.1%  |

#### Rent-burdened households

| Share of income spent on rent | Households | % share |
|-------------------------------|------------|---------|
| Moderately rent-burdened      | 245        | 22.8%  |
| 30.0–34.9%                   | 14         | 1.3%   |
| 35.0–39.9%                   | 47         | 4.4%   |
| 40.0-49.9%                   | 184        | 17.1%  |
| Severely rent-burdened        | 114        | 10.6%  |
| ≥50.0%                        | 114        | 10.6%  |
| All rent-burdened households   | 359        | 33.4%  |

### Affordable housing shortage

#### Rent vs median household income

**Median household income**  
Amount ($)  
- in 2010: **28,973**  
- in 2021: **28,648**  
- Increase (2010–2021): **-1.1%**

**Median rent**  
Amount ($)  
- in 2010: **519**  
- in 2021: **524**  
- Increase (2010–2021): **1.0%**

#### Affordable housing stock

| Units              | Supply (current stock) | Demand (total units needed) | Shortage   |
|-------------------|-----------------------|------------------------------|------------|
|                   | 6,707                 | 274                          | -5,323     |

**Supply/demand ratio**: 2447.8%

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

| Name                               | Type                           | Year | Zipcode |  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        |
| HOLT + HAMILTON FAMILY APARTMENTS  | New construction               | 2016 | N/A     | 61     | 60% AMI       | $1,557,010      |
| INTERVALE GARDENS LLC              | New construction               | 2008 | N/A     | 65     | 60% AMI       | $659,087        |
| HOMES OF RENAISSANCE PRESERVE II   | New construction               | 2012 | N/A     | 88     | 60% AMI       | $1,510,000      |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction         | 2013 | N/A     | 39     | 60% AMI       | $674,261        |
| IMPERIAL GARDENS FAMILY APTS       | New construction               | 2009 | N/A     | 76     | 60% AMI       | $1,142,750      |
| HOLLY HEIGHTS I + II APARTMENTS    | Acquisition and Rehab         | 2016 | N/A     | 41     | 60% AMI       | $435,816        |

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