Orange County NC Website
23 <br /> ATTACHMENT A <br /> Orange County, NC <br /> 2017 HousingOverview Proportion of Housing Cost-Burdened <br /> 93 Households by Income Level <br /> 86% ■ Owner-occupied ■Renter-occupied <br /> 13,160 households are in 76% <br /> need of affordable housing 55% <br /> Of households making less than $50,000 per 37%32% o <br /> year, 64%, or 13,160, are housing cost- 30% <br /> burdened, paying more than 30% of their 14% <br /> gross income towards housing. 2 out of 3 . 6% 4% <br /> cost-burdened households are renter <br /> households. Less than $20,000 to $35,000 to $50,000 to $75,000 or <br /> $20,000 $34,999 $49,999 $74,999 more <br /> Annual Household Income <br /> $310,000 $1,470 <br /> The median sales price in Orange County in Median rent for a 3-bedroom <br /> 2017. The average sales price is $366,187. unit in Orange County. <br /> This is a 3.3%increase over 2016. <br /> Housing Stock: There are almost 56,474 homes in Orange County, 39% of which are rented <br /> 8% 59% 7% 5% <br /> 15% 6% <br /> AAA,^200 00 00 <br /> 0 0 0 0000 00 00 <br /> 0 0 0In 1 00 00 <br /> Mobilehome Single-family Townhouse 2-4units 5-19units 20 or more u nits <br /> house <br /> 1-and-2-person 64% <br /> households 64% of households are 1-and-2- <br /> 1 and 2 bedrooms 38% person households,yetjust 38% <br /> of housing units are 1 and 2- <br /> 3-or-more-person bedroom units. There are <br /> households 36% limited options for those who <br /> 3 or more 62/o o want smaller homes. <br /> bedrooms <br /> ■Households IN Housing Units <br /> Pre pared January 2017.Visit www.t*cog.org/housiniz.aspx for more resources. <br /> Sources:2012-2016 American Commu nitySu rvey,Triangle Multiple ListingService's Local Market Updates, &f% Triangle J <br /> Data Works NCTriangle Rent Sum maryQ22017. NW Council of Governments <br /> Icons:Noun Project I Chanut is Industries,Setyo Ari Wibowo,BlairAdams <br />