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Agenda - 12-10-2024; 5-a - Public Hearing for 2025-2029 Consolidated Plan for Housing and Community Development Needs
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Agenda - 12-10-2024; 5-a - Public Hearing for 2025-2029 Consolidated Plan for Housing and Community Development Needs
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BOCC
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12/10/2024
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Agenda
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5-a
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29 <br /> NA-10 Housing Needs Assessment - 24 CFR 91.405, 24 CFR 91.205 (a,b,c) <br /> Summary of Housing Needs <br /> Between 2005-2009 and 2011-2015, Orange County's population increased 11.85%, with the county <br /> adding 14,762 persons.The rate of household growth over the same time period was nearly 5%, and <br /> Orange County added 2,465 households between the two estimates. While median household income <br /> for Orange County residents rose nearly 19% between 2009 and 2015 without adjusting for inflation, the <br /> increase is much smaller(8.62%) when accounting for inflation. <br /> Demographics Base Year: 2009 Most Recent Year: 2015 %Change <br /> Population 124,503 139,265 12% <br /> Households 50,010 52,475 5% <br /> Median Income $54,584.00 $59,290.00 9% <br /> Table 5-Housing Needs Assessment Demographics <br /> Data Source:2005-2009 ACS,2011-2015 ACS <br /> Number of Households Table <br /> 0-30% >30-50% >50-80% >80-100% >100% <br /> HAMFI HAMFI HAMFI HAMA HAMFI <br /> Total Households 7,725 5,450 8,690 4,410 26,205 <br /> Small Family Households 1,549 1,615 3,030 1,810 14,055 <br /> Large Family Households 323 279 559 185 1,410 <br /> Household contains at least one <br /> person 62-74 years of age 973 940 1,364 664 5,485 <br /> Household contains at least one <br /> person age 75 or older 527 705 879 329 2,014 <br /> Households with one or more children <br /> 6 years old or younger 791 787 1,292 433 3,024 <br /> Table 6-Total Households Table <br /> Data Source:2011-2015 ACS <br /> IFFY 2020—2024 Orange County, NC HOME Consortium 26 <br /> Consolidated Plan <br /> OMB Control No:2506-0117(exp.06/30/2018) <br />
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