Builders Patch | HousingCount Sumner County affordable housing data.

Sumner County

Summary

26.6% share of renter households
50.2% share of low-income households
43.1% share of rent-burdened households

Renter population data

Renters vs homeowners
Households
% share
Renter households
19,358
26.6%
Homeowner households
53,280
73.4%
Total households
72,638
100.0%
Low-income renter households

Renter households by income group

Households
% share
Extremely low-income
≤30% AMI
2,512
13.0%
Very low-income
31-50% AMI
2,511
13.0%
Low-income
51-80% AMI
4,686
24.2%
All low-income households
<80% AMI
9,709
50.2%

Rent-burdened households
Share of income spent on rent
Households
% share
Moderately rent-burdened
4,744
24.5%
30.0–34.9%
1,960
10.1%
35.0–39.9%
1,036
5.4%
40.0-49.9%
1,748
9.0%
Severely rent-burdened
3,594
18.6%
≥50.0%
3,594
18.6%
All rent-burdened households
8,338
43.1%

Affordable housing shortage

Rent vs median household income
Median household income
Amount ($)
in 2010
30,381
in 2021
46,947
Increase (2010–2021)
54.5%
Median rent
Median rent
Amount ($)
in 2010
457
in 2021
970
Increase (2010–2021)
112.3%

Affordable housing stock

Supply, demand & shortage
Units
Supply (current stock)
2,834
Demand (total units needed)
4,701
Shortage
2,661
2,661 total shortage
60.3% supply/demand ratio

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Low-income LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 60% AMI $504,385
HUNTINGTON RESERVE N/A 2006 N/A 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 60% AMI $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A 60% AMI $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A 60% AMI $435,816
HILTON SENIOR APTS New construction 2007 N/A 60% AMI $242,084
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