# 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        |