swain county north carolina

Swain County

Summary

23.7%
share of renter households

46.7%
share of low-income households

30.5%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 1,307
Homeowner households 4,198
Total households 5,505

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 141
Very low-income (31-50% AMI) 197
Low-income (51-80% AMI) 272
All low-income households 610

Rent-burdened households

Households % share
Moderately rent-burdened 158
30.0–34.9% 54
35.0–39.9% 34
40.0-49.9% 70
Severely rent-burdened 240
All rent-burdened households 398

Affordable housing shortage

Rent vs median household income

Year Median household income ($) Median rent ($)
2010 22,072 501
2021 29,850 529
Increase (2010–2021) 35.2% 5.6%

Affordable housing stock

Supply (current stock) Demand (total units needed) Shortage
6,093 336 -3,859
Supply/Demand Ratio 1813.4%

HUD National Low Income Housing Tax Credit (LIHTC) Database

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