Builders Patch | HousingCount Weakley County affordable housing data.
Weakley County
Summary
33.3% share of renter households
44.9% share of low-income households
37.6% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
4,400 |
| Homeowner households |
8,813 |
| Total households |
13,213 |
Low-income renter households
| Households |
% share |
| Extremely low-income ≤30% AMI |
627 |
| Very low-income 31-50% AMI |
448 |
| Low-income 51-80% AMI |
902 |
| All low-income households <80% AMI |
1,977 |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
961 |
21.8% |
| 30.0–34.9% |
324 |
7.4% |
| 35.0–39.9% |
272 |
6.2% |
| 40.0-49.9% |
365 |
8.3% |
| Severely rent-burdened |
695 |
15.8% |
| ≥50.0% |
695 |
15.8% |
| All rent-burdened households |
1,656 |
37.6% |
Affordable housing shortage
Rent vs median household income
| Year |
Median household income |
Amount ($) |
Increase (2010–2021) |
| 2010 |
|
15,539 |
|
| 2021 |
|
26,463 |
70.3% |
Median rent
| Year |
Median rent |
Amount ($) |
Increase (2010–2021) |
| 2010 |
|
377 |
|
| 2021 |
|
470 |
24.7% |
Affordable housing stock
| Units |
Amount |
| Supply (current stock) |
1,522 |
| Demand (total units needed) |
972 |
| Shortage |
-128 |
| Total shortage |
-128 |
| Supply/demand ratio |
156.6% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
List of states
| Name |
Type |
Year |
Zipcode |
Market Rate |
Low-income |
Type |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
N/A |
154 |
N/A |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
N/A |
99 |
N/A |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
N/A |
200 |
N/A |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
N/A |
168 |
N/A |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
N/A |
61 |
N/A |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
N/A |
65 |
N/A |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
N/A |
88 |
N/A |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
N/A |
N/A |
39 |
N/A |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
N/A |
N/A |
76 |
N/A |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
N/A |
N/A |
41 |
N/A |
$435,816 |
| HILTON SENIOR APTS |
New construction |
2007 |
N/A |
N/A |
69 |
N/A |
$242,084 |
| JEFFERSON AVENUE |
New construction |
2020 |
N/A |
N/A |
79 |
N/A |
$0 |
| INGRAM PRESERVATION |
Acquisition and Rehab |
2005 |
N/A |
N/A |
135 |
N/A |
$390,500 |
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