Orange County NC Website
8 <br /> Orange CounEy AFFORDABLE HOUSING STRATEGIC PLAN 2016 -2020 <br /> BOCC Work En September 1 <br /> 28.6%of all owner-occupied households with a mortgage are paying over 30% of their monthly income on housing, <br /> which indicates that a moderate percentage of homeowners are living in housing that is not considered affordable. <br /> In 2011 the median mortgage expense for Orange County was $1,831 <br /> As of 2014, the median mortgage expense was about $1,767, a slight decrease <br /> The median monthly rent in Orange County increased by 22.81% between 2000 and 2011 from $684 to $840 <br /> and 2014 to $938 <br /> Cosy Burden <br /> 7,629 households were cost burdened by 30%to 50%and <br /> 8,751 households were cost burdened by greater than 50% <br /> The 1000 Units proposed by the Plan would address approximately 11%to 13%of the <br /> households cost burdened <br /> 2007-2011 American Community Survpv fACS1 DATA <br /> 6 <br />