Builders Patch | HousingCount San Miguel County affordable housing data.

San Miguel County

Summary

39.4% share of renter households
41.5% share of low-income households
43.6% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 1,416
Homeowner households 2,178
Total households 3,594

Low-income renter households

Households % share
Extremely low-income ≤30% AMI 167
Very low-income 31-50% AMI 263
Low-income 51-80% AMI 157
All low-income households <80% AMI 587

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 245 17.3%
30.0–34.9% 106 7.5%
35.0–39.9% 68 4.8%
40.0-49.9% 71 5.0%
Severely rent-burdened 373 26.3%
≥50.0% 373 26.3%
All rent-burdened households 618 43.6%

Affordable housing shortage

Rent vs median household income

Amount ($)
Median household income in 2010 44,125
Median household income in 2021 60,682
Increase (2010–2021) 37.5%
Median rent in 2010 313
Median rent in 2021 1,180
Increase (2010–2021) 277.0%

Affordable housing stock

Supply (current stock) Demand (total units needed) Shortage
112 351 243
Total shortage 243 31.9% supply/demand ratio

HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states

Name Type Year Zipcode Market Rate Low-income LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction N/A 2014 N/A 1 N/A 154
IRVINGTON FAMILY APTS New construction N/A 2007 N/A 1 N/A 99
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 2012 N/A 0 N/A 200
HUNTINGTON RESERVE NA N/A 2006 N/A 0 N/A 168
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 2016 N/A 1 N/A 61
INTERVALE GARDENS LLC New construction N/A 2008 N/A 1 N/A 65
HOMES OF RENAISSANCE PRESERVE II New construction N/A 2012 N/A 0 N/A 88
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction N/A 2013 N/A 1 N/A 39
IMPERIAL GARDENS FAMILY APTS New construction N/A 2009 N/A 1 N/A 76
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab N/A 2016 N/A 1 N/A 41
HILTON SENIOR APTS New construction N/A 2007 N/A 0 N/A 69
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