Affordable Housing In Mitchell County
8 Low Income Apartment Communities In Mitchell County
Other Housing Authorities located in Mitchell County
|Spruce Pine Housing Authority||Public Housing|
Guide To Affordable Housing in Mitchell County, North Carolina
There are 8 low income housing apartment communities offering 232 affordable apartments for rent in Mitchell County, North Carolina.
Income Based Apartments in Mitchell County, North Carolina
Mitchell County features 184 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Mitchell County, North Carolina
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mitchell County.
Housing Choice Vouchers in Mitchell County, North Carolina
On average, Section 8 Housing Choice vouchers pay Mitchell County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Mitchell County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Mitchell County, NC Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||232|
|Total Housing Units with Rental Assistance||184|
|Percentage of Housing Units Occupied By Renters||23.36%|
|Average Renter Household Size||2.29|
|Average Household Size||2.36|
|Median Household Income||$37,391 ±$3,392|
|Median Rent||$558 ±$48|
|Percentage Of Renters Overburdened||45.34% ± 8.03pp|
Population and Household Demographics
Mitchell County is a County in North Carolina with a population of 15,330. There are 6,344 households in the county with an average household size of 2.36 persons. 23.36% of households in Mitchell County are renters.
Income and Rent Overburden in Mitchell County
The median gross income for households in Mitchell County is $37,391 a year, or $3,116 a month. The median rent for the county is $558 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mitchell County, a household making less than $1,860 a month would be considered overburdened when renting an apartment at or above the median rent. 45.34% of households who rent are overburdened in Mitchell County.1
Area Median Income In Mitchell County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Mitchell County, HUD calculates the Area Median Income for a family of four as $54,500
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Mitchell County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Mitchell County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,490||$16,910||$21,330||$25,750||$29,850||$32,050||$34,250||$36,450|
|50% of Median||$19,350||$22,100||$24,850||$27,600||$29,850||$32,050||$34,250||$36,450|
|80% of Median||$30,950||$35,350||$39,750||$44,150||$47,700||$51,250||$54,750||$58,300|