Builders Patch | HousingCount Wakulla County affordable housing data.

Wakulla County

Summary

16.4%
share of renter households
51.9%
share of low-income households
32.3%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 1,850
Homeowner households 9,416
Total households 11,266
Low-income renter households

Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 156
Very low-income (31-50% AMI) 306
Low-income (51-80% AMI) 498
All low-income households (<80% AMI) 960

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 338 18.3%
30.0–34.9% 128 6.9%
35.0–39.9% 55 3.0%
40.0-49.9% 155 8.4%
Severely rent-burdened 260 14.1%
≥50.0% 260 14.1%
All rent-burdened households 598 32.3%

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 32,611
in 2021 47,790
Increase (2010–2021) 46.5%

Median rent

Median rent Amount ($)
in 2010 706
in 2021 780
Increase (2010–2021) 10.5%

Affordable housing stock

Supply, demand & shortage Units
Supply (current stock) 758
Demand (total units needed) 438
Shortage -179
total shortage -179
supply/demand ratio 173.1%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Number of units Income ceiling LIHTC allocation
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
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 88 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE 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