Builders Patch | HousingCount Stanly County affordable housing data.
Stanly County
Summary
- 25.7% share of renter households
- 49.3% share of low-income households
- 33.1% share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 6,075 |
| Homeowner households | 17,558 |
| Total households | 23,633 |
| Low-income renter households | 2,996 |
Renter households by income group
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 844 |
| Very low-income (31-50% AMI) | 1,081 |
| Low-income (51-80% AMI) | 1,071 |
| All low-income households (<80% AMI) | 2,996 |
Rent-burdened households
| Households | % share |
|---|---|
| Moderately rent-burdened | 931 |
| 30.0–34.9% | 376 |
| 35.0–39.9% | 230 |
| 40.0-49.9% | 325 |
| Severely rent-burdened | 1,081 |
| ≥50.0% | 1,081 |
| All rent-burdened households | 2,012 |
Affordable housing shortage
| Item | Amount ($) |
|---|---|
| Median household income - 2010 | 28,197 |
| Median household income - 2021 | 32,417 |
| Increase (2010–2021) | 15.0% |
| Median rent - 2010 | 402 |
| Median rent - 2021 | 535 |
| Increase (2010–2021) | 33.1% |
Affordable housing stock
| Item | Units |
|---|---|
| Supply (current stock) | 420 |
| Demand (total units needed) | 1,617 |
| Shortage | 1,352 |
| Supply/Demand ratio | 26.0% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Amount |
|---|---|---|---|---|---|---|
| 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 | New construction | 2006 | N/A | N/A | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | 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 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | N/A | 60% AMI | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | N/A | 60% AMI | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | N/A | 60% AMI | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | N/A | 60% AMI | $435,816 |
| HILTON SENIOR APTS | New construction | 2007 | N/A | N/A | 60% AMI | $242,084 |
| JEFFERSON AVENUE | New construction | 2020 | N/A | N/A | 60% AMI | $0 |
| INGRAM PRESERVATION | Acquisition and Rehab | 2005 | N/A | N/A | 60% AMI | $390,500 |
| JACOB'S HILL | New construction | 2006 | N/A | N/A | 60% AMI | $1,420,505 |
| HOWARD AVENUE CLUSTER | Acquisition and Rehab | 2006 | N/A | N/A | 60% AMI | $50,769 |
| JACKSON TERRACE | Acquisition and Rehab | 2006 | N/A | N/A | 60% AMI | $1,557,608 |