Builders Patch | HousingCount Tipton County affordable housing data.
Tipton County
Summary
25.4% share of renter households
46.9% share of low-income households
41.8% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
5,562 |
| Homeowner households |
16,298 |
| Total households |
21,860 |
Low-income renter households
| Income Group |
Households |
% share |
| Extremely low-income (≤30% AMI) |
1,059 |
19.0% |
| Very low-income (31-50% AMI) |
395 |
7.1% |
| Low-income (51-80% AMI) |
1,153 |
20.7% |
| All low-income households (<80% AMI) |
2,607 |
46.9% |
Rent-burdened households
| Share of Income Spent on Rent |
Households |
% share |
| Moderately rent-burdened |
1,379 |
24.8% |
| 30.0–34.9% |
514 |
9.2% |
| 35.0–39.9% |
203 |
3.6% |
| 40.0-49.9% |
662 |
11.9% |
| Severely rent-burdened |
947 |
17.0% |
| ≥50.0% |
947 |
17.0% |
| All rent-burdened households |
2,326 |
41.8% |
Affordable housing shortage
Rent vs median household income
| Year |
Median Household Income ($) |
Median Rent ($) |
| 2010 |
22,409 |
409 |
| 2021 |
35,742 |
649 |
| Increase (2010–2021) |
59.5% |
58.7% |
Affordable housing stock
| Supply (current stock) |
Demand (total units needed) |
Shortage |
Supply/Demand Ratio |
| 3,351 |
1,357 |
-402 |
246.9% |
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 |
1 |
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 |
|
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
88 |
60% AMI |
$1,510,000 |
|
| JEFFERSON BOULEVARD & FIFTH AVE APTS |
New construction |
2013 |
N/A |
39 |
60% AMI |
$674,261 |
|
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
N/A |
76 |
60% AMI |
$1,142,750 |
|
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
N/A |
41 |
60% AMI |
$435,816 |
|
| HILTON SENIOR APTS |
New construction |
2007 |
N/A |
69 |
60% AMI |
$242,084 |
|
| JEFFERSON AVENUE |
New construction |
2020 |
N/A |
79 |
60% AMI |
$0 |
|
| INGRAM PRESERVATION |
Acquisition and Rehab |
2005 |
N/A |
135 |
60% AMI |
$390,500 |
|
| JACOB'S HILL |
New construction |
2006 |
N/A |
103 |
60% AMI |
$1,420,505 |
|
| HOWARD AVENUE CLUSTER |
Acquisition and Rehab |
2006 |
N/A |
5 |
60% AMI |
$50,769 |
|
| JACKSON TERRACE |
Acquisition and Rehab |
2006 |
N/A |
417 |
60% AMI |
$1,557,608 |
|
| JEFFERSON CLUSTER (ATLANTIC AVE) |
Acquisition and Rehab |
2006 |
N/A |
12 |
60% AMI |
$88,403 |
|
| JEAN C MCKINNEY MANOR |
New construction |
2005 |
N/A |
49 |
60% AMI |
$562,511 |
|
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