Builders Patch | HousingCount Smith County affordable housing data.
Smith County
Summary
- 23.4% share of renter households
- 48.7% share of low-income households
- 24.0% share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 1,748 |
| Homeowner households | 5,725 |
| Total households | 7,473 |
Low-income renter households
| Renter households by income group | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 322 | 18.4% |
| Very low-income (31-50% AMI) | 218 | 12.5% |
| Low-income (51-80% AMI) | 312 | 17.8% |
| All low-income households (<80% AMI) | 852 | 48.7% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 167 | 9.6% |
| 30.0–34.9% | 69 | 3.9% |
| 35.0–39.9% | 31 | 1.8% |
| 40.0-49.9% | 67 | 3.8% |
| Severely rent-burdened | 252 | 14.4% |
| All rent-burdened households | 419 | 24.0% |
Affordable housing shortage
| Description | Amount ($) | Increase (2010–2021) |
|---|---|---|
| Median household income | 2010 - 17,056 | 102.2% |
| 2021 - 34,490 |
| Description | Amount ($) | Increase (2010–2021) |
|---|---|---|
| Median rent | 2010 - 372 | 35.2% |
| 2021 - 503 |
| Housing Stock | Units |
|---|---|
| Supply (current stock) | 3,601 |
| Demand (total units needed) | 458 |
| Total shortage | -1,573 |
| Supply/Demand Ratio | 786.2% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type of Construction | Year | Zipcode | 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 | Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 | |
| HUNTINGTON RESERVE | N/A | 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 AVENUE 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 |