# Wilkes County

### Summary

- **25.5%** share of renter households
- **41.1%** share of low-income households
- **40.4%** share of rent-burdened households

### Renter population data

| Type                    | Households | % share   |
|-------------------------|------------|-----------|
| Renter households       | 6,964      | 25.5%     |
| Homeowner households    | 20,301     | 74.5%     |
| Total households        | 27,265     | 100.0%    |

#### Low-income renter households

| Income Group            | Households | % share   |
|-------------------------|------------|-----------|
| Extremely low-income    | 833        | 12.0%     |
| Very low-income         | 1,278      | 18.4%     |
| Low-income              | 753        | 10.8%     |
| All low-income households| 2,864     | 41.1%     |

#### Rent-burdened households

| Type                        | Households | % share   |
|-----------------------------|------------|-----------|
| Moderately rent-burdened    | 1,650      | 23.7%     |
| 30.0–34.9%                  | 519        | 7.5%      |
| 35.0–39.9%                  | 661        | 9.5%      |
| 40.0-49.9%                  | 470        | 6.7%      |
| Severely rent-burdened      | 1,162      | 16.7%     |
| All rent-burdened households | 2,812      | 40.4%     |

### Affordable housing shortage

- **Median household income**:
  - in 2010: **$19,344**
  - in 2021: **$30,327**
  - Increase (2010–2021): **56.8%**

- **Median rent**:
  - in 2010: **$437**
  - in 2021: **$503**
  - Increase (2010–2021): **15.1%**

- **Affordable housing stock**:
  - Supply (current stock): **711**
  - Demand (total units needed): **1,535**
  - Total shortage: **947** (46.3% supply/demand ratio)

### HUD National Low Income Housing Tax Credit (LIHTC) Database

| Name                            | Type                                    | Year | Zipcode | Market Rate | Low-income | Amount      |
|---------------------------------|-----------------------------------------|------|---------|-------------|------------|-------------|
| HIGHBRIDGE OVERLOOK             | New construction                        | 2014 | N/A     | N/A         | 60% AMI    | $1,804,887  |
| IRVINGTON FAMILY APTS           | New construction                        | 2007 | N/A     | N/A         | 60% AMI    | $1,378,252  |
| HILLTOP VILLAGE                 | New construction - Acquisition and Rehab| 2012 | N/A     | N/A         | 60% AMI    | $504,385    |
| HUNTINGTON RESERVE              | N/A                                     | 2006 | N/A     | N/A         | 60% AMI    | $424,046    |
| HOLT + HAMILTON FAMILY APARTMENTS| New construction                        | 2016 | N/A     | N/A         | 60% AMI    | $1,557,010  |
| INTERVALE GARDENS LLC           | New construction                        | 2008 | N/A     | N/A         | 60% AMI    | $659,087    |
| HOMES OF RENAISSANCE PRESERVE II| New construction                        | 2012 | N/A     | N/A         | 60% AMI    | $1,510,000  |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS| New construction                | 2013 | N/A     | N/A         | 60% AMI    | $674,261    |
| IMPERIAL GARDENS FAMILY APTS    | New construction                        | 2009 | N/A     | N/A         | 60% AMI    | $1,142,750  |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab                  | 2016 | N/A     | N/A         | 60% AMI    | $435,816    |

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