Builders Patch | HousingCount Surry County affordable housing data.
Surry County
Summary
27.0%
share of renter households
45.2%
share of low-income households
36.2%
share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 7,725 |
| Homeowner households | 20,878 |
| Total households | 28,603 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income ≤30% AMI | 1,177 |
| Very low-income 31-50% AMI | 862 |
| Low-income 51-80% AMI | 1,452 |
| All low-income households <80% AMI | 3,491 |
Rent-burdened households
| Households | % share |
|---|---|
| Moderately rent-burdened | 1,428 |
| 30.0–34.9% | 587 |
| 35.0–39.9% | 204 |
| 40.0-49.9% | 637 |
| Severely rent-burdened | 1,370 |
| ≥50.0% | 1,370 |
| All rent-burdened households | 2,798 |
Affordable housing shortage
Rent vs median household income
| Description | Amount ($) |
|---|---|
| Median household income in 2010 | 20,754 |
| Median household income in 2021 | 28,591 |
| Increase (2010–2021) | 37.8% |
| Median rent in 2010 | 518 |
| Median rent in 2021 | 489 |
| Increase (2010–2021) | -5.6% |
Affordable housing stock
| Units | Amount |
|---|---|
| Supply (current stock) | 2,149 |
| Demand (total units needed) | 1,966 |
| Shortage | 583 |
| 109.3% | supply/demand ratio |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | 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 | New construction - Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 | |
| HUNTINGTON RESERVE | NA | 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 |