Builders Patch | HousingCount Person County affordable housing data.
Person County
Summary
22.1%
share of renter households
48.0%
share of low-income households
49.7%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
3,523 |
| Homeowner households |
12,404 |
| Total households |
15,927 |
Low-income renter households
| Households |
% share |
| Extremely low-income |
≤30% AMI |
| Very low-income |
31-50% AMI |
| Low-income |
51-80% AMI |
| All low-income |
<80% AMI |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
713 |
20.2% |
| 30.0–34.9% |
369 |
10.5% |
| 35.0–39.9% |
22 |
0.6% |
| 40.0-49.9% |
322 |
9.1% |
| Severely rent-burdened |
1,037 |
29.4% |
| ≥50.0% |
1,037 |
29.4% |
| All rent-burdened households |
1,750 |
49.7% |
Affordable housing shortage
Rent vs median household income
| Year |
Median household income |
Median rent |
Increase (2010–2021) |
| 2010 |
$24,808 |
$498 |
11.8% |
| 2021 |
$27,728 |
$514 |
3.2% |
Affordable housing stock
| Units |
Amount |
| Supply (current stock) |
3,009 |
| Demand (total units needed) |
1,058 |
| Shortage |
-1,210 |
| Total shortage |
-1,210 |
| Supply/demand ratio |
284.4% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Location |
Number of 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 |
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 AVE 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 |
|