# Polk County

### Summary

23.1% share of renter households

44.2% share of low-income households

30.3% share of rent-burdened households

### Renter population data

| Households                  | % share  |
|-----------------------------|----------|
| Renter households           | 1,619    |
| Homeowner households        | 5,387    |
| Total households            | 7,006    |
| Low-income renter households | 716      |

#### Renter households by income group

| Income Group                | Households | % share  |
|-----------------------------|------------|----------|
| Extremely low-income (≤30% AMI) | 135        | 8.3%     |
| Very low-income (31-50% AMI)    | 249        | 15.4%    |
| Low-income (51-80% AMI)          | 332        | 20.5%    |
| All low-income households (<80% AMI) | 716    | 44.2%    |

### Rent-burdened households

| Rent Burden Level           | Households | % share  |
|-----------------------------|------------|----------|
| Moderately rent-burdened    | 261        | 16.1%    |
| 30.0–34.9%                  | 93         | 5.7%     |
| 35.0–39.9%                  | 32         | 2.0%     |
| 40.0-49.9%                  | 136        | 8.4%     |
| Severely rent-burdened      | 230        | 14.2%    |
| ≥50.0%                      | 230        | 14.2%    |
| All rent-burdened households | 491       | 30.3%    |

### Affordable housing shortage

| Category                     | Amount ($)  |
|-----------------------------|-------------|
| Median household income in 2010 | 23,125      |
| Median household income in 2021 | 29,067      |
| Increase (2010–2021)       | 25.7%      |
| Median rent in 2010        | 437         |
| Median rent in 2021        | 435         |
| Increase (2010–2021)       | -0.5%      |

#### Affordable housing stock

| Supply                     | Demand      | Shortage  | Supply/Demand Ratio |
|----------------------------|-------------|-----------|---------------------|
| 172                        | 369         | 239       | 46.6%               |

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

| Name                       | Type                             | Year  | Zipcode | Market Rate | Low-income              | LIHTC allocation   | 
|----------------------------|----------------------------------|-------|---------|-------------|----------------------|--------------------| 
| HIGHBRIDGE OVERLOOK        | New construction                  | 2014  | N/A     |  N/A       | 60% AMI | $1,804,887        |
| IRVINGTON FAMILY APTS      | New construction                  | 2007  | N/A     |  N/A       | 60% AMI | $1,378,252        |
| HILLTOP VILLAGE            | New construction - Acquisition and Rehab | 2012 | N/A |  N/A       | 60% AMI | $504,385          |
| HUNTINGTON RESERVE          | N/A                              | 2006  | N/A     |  N/A       | 60% AMI | $424,046          |
| HOLT + HAMILTON FAMILY APTS | New construction                  | 2016  | N/A     |  N/A       | 60% AMI | $1,557,010        |
| INTERVALE GARDENS LLC      | New construction                  | 2008  | N/A     |  N/A       | 60% AMI | $659,087          |
| ...                        | ...                              | ...   | ...      | ...        | ...   | ...                |

**Note:** The table is truncated to maintain clarity.