Builders Patch | HousingCount Wicomico County affordable housing data.

Wicomico County

Summary

Renter population data

Renters vs homeowners

Households % share
Renter households 16,399 41.6%
Homeowner households 23,053 58.4%
Total households 39,452 100.0%

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 2,524
Very low-income (31-50% AMI) 2,003
Low-income (51-80% AMI) 2,257
All low-income households (<80% AMI) 6,784

Rent-burdened households

Households % share
Moderately rent-burdened 3,841 23.4%
30.0–34.9% 1,132 6.9%
35.0–39.9% 1,179 7.2%
40.0-49.9% 1,530 9.3%
Severely rent-burdened 3,714 22.6%
≥50.0% 3,714 22.6%
All rent-burdened households 7,555 46.1%

Affordable housing shortage

Amount ($)
Median household income
2010 33,729
2021 41,619
Increase (2010–2021) 23.4%
Median rent
2010 629
2021 892
Increase (2010–2021) 41.8%
Affordable housing stock
Supply (current stock) 1,525
Demand (total units needed) 3,879
Shortage 2,752
Total shortage 2,752
Supply/demand ratio 39.3%

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
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Additional properties are listed in the full dataset.