Builders Patch | HousingCount Richmond County affordable housing data.
Richmond County
Summary
31.3% share of renter households
47.6% share of low-income households
48.8% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 53,093 |
| Homeowner households | 116,435 |
| Total households | 169,528 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 10,359 |
| Very low-income (31-50% AMI) | 4,774 |
| Low-income (51-80% AMI) | 10,159 |
| All low-income households (<80% AMI) | 25,292 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 11,663 | 22.0% |
| 30.0–34.9% | 4,559 | 8.6% |
| 35.0–39.9% | 3,143 | 5.9% |
| 40.0-49.9% | 3,961 | 7.5% |
| Severely rent-burdened | 14,254 | 26.8% |
| ≥50.0% | 14,254 | 26.8% |
| All rent-burdened households | 25,917 | 48.8% |
Affordable housing shortage
Rent vs median household income
| Year | Median Household Income ($) | Median Rent ($) | Increase (%) |
|---|---|---|---|
| 2010 | 35,408 | 1,121 | |
| 2021 | 49,867 | 1,315 | 40.8% |
Affordable housing stock
| Units | Supply (current stock) | Demand (total units needed) | Shortage | Supply/Demand Ratio (%) |
|---|---|---|---|---|
| 28,834 | 15,110 | -2,118 | 190.8% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Low-income Units | LIHTC Allocation ($) |
|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | 10452 | 154 | 1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | 94538 | 99 | 1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | 32208 | 200 | 504,385 |
| HUNTINGTON RESERVE | N/A | 2006 | 32773 | 168 | 424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | 91768 | 61 | 1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | 10459 | 65 | 659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | 33905 | 88 | 1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | 90018 | 39 | 674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | 92243 | 76 | 1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | 95490 | 41 | 435,816 |
| HILTON SENIOR APTS | New construction | 2007 | 14468 | 69 | 242,084 |
| JEFFERSON AVENUE | New construction | 2020 | 14208 | 79 | 0 |
| INGRAM PRESERVATION | Acquisition and Rehab | 2005 | 90026 | 135 | 390,500 |
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