Builders Patch | HousingCount Pasco County affordable housing data.
Pasco County
Summary
26.3%
share of renter households
40.7%
share of low-income households
49.3%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 57,183 |
| Homeowner households | 160,135 |
| Total households | 217,318 |
| Low-income renter households | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 7,918 | 13.8% |
| Very low-income (31-50% AMI) | 7,506 | 13.1% |
| Low-income (51-80% AMI) | 7,826 | 13.7% |
| All low-income households (<80% AMI) | 23,250 | 40.7% |
Rent-burdened households
Share of income spent on rent
| Households | % share |
|---|---|
| Moderately rent-burdened | 14,657 |
| 30.0–34.9% | 4,861 |
| 35.0–39.9% | 4,096 |
| 40.0-49.9% | 5,700 |
| Severely rent-burdened | 13,506 |
| ≥50.0% | 13,506 |
| All rent-burdened households | 28,163 |
Affordable housing shortage
Rent vs median household income
| Median household income | Amount ($) |
|---|---|
| in 2010 | 29,801 |
| in 2021 | 42,674 |
| Increase (2010–2021) | 43.2% |
| Median rent | Amount ($) |
|---|---|
| in 2010 | 754 |
| in 2021 | 955 |
| Increase (2010–2021) | 26.7% |
| Affordable housing stock | Units |
|---|---|
| Supply (current stock) | 2,554 |
| Demand (total units needed) | 13,266 |
| Shortage | 11,656 |
| Total shortage | 11,656 |
| Supply/demand ratio | 19.3% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Type | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | N/A | 10452 | N/A | N/A | 1 | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | N/A | 94538 | N/A | N/A | 1 | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | N/A | 32208 | N/A | N/A | 0 | $504,385 |
| HUNTINGTON RESERVE | N/A | N/A | 32773 | N/A | N/A | 0 | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | N/A | 91768 | N/A | N/A | 1 | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | N/A | 10459 | N/A | N/A | 1 | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | N/A | 33905 | N/A | N/A | 0 | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | N/A | 90018 | N/A | N/A | 1 | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | N/A | 92243 | N/A | N/A | 1 | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | N/A | 95490 | N/A | N/A | 1 | $435,816 |