Builders Patch | HousingCount Sequatchie County affordable housing data.
Sequatchie County
Summary
- 22.6% share of renter households
- 36.8% share of low-income households
- 36.3% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 1,326 |
| Homeowner households | 4,540 |
| Total households | 5,866 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 86 |
| Very low-income (31-50% AMI) | 63 |
| Low-income (51-80% AMI) | 339 |
| All low-income households (<80% AMI) | 488 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 238 | 17.9% |
| 30.0–34.9% | 12 | 0.9% |
| 35.0–39.9% | 123 | 9.3% |
| 40.0-49.9% | 103 | 7.8% |
| Severely rent-burdened | 244 | 18.4% |
| ≥50.0% | 244 | 18.4% |
| All rent-burdened households | 482 | 36.3% |
Affordable housing shortage
Rent vs median household income
- Median household income:
- Amount ($)
- in 2010: 21,667
- in 2021: 27,750
- Increase (2010–2021): 28.1%
- Amount ($)
- Median rent:
- Amount ($)
- in 2010: 532
- in 2021: 584
- Increase (2010–2021): 9.8%
- Amount ($)
Affordable housing stock
| Units | Amount |
|---|---|
| Supply (current stock) | 281 |
| Demand (total units needed) | 139 |
| Shortage | -40 |
| Total shortage | -40 |
| Supply/Demand ratio | 202.2% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | LIHTC allocation | Income ceiling | Amount |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | $1,804,887 | 60% AMI | N/A |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | $1,378,252 | 60% AMI | N/A |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | $504,385 | 60% AMI | N/A |
| HUNTINGTON RESERVE | NA | 2006 | N/A | $424,046 | 60% AMI | N/A |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | $1,557,010 | 60% AMI | N/A |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | $659,087 | 60% AMI | N/A |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | $1,510,000 | 60% AMI | N/A |
| . . .(List continues as per the original structure) .... |