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1 '~l~ Section V. County Profile (Data) Element Orange County Comprehensive Plan B3~ Table: Availability of Oran a Coun Housing ~ Median Income, Snapshot: A_us;ust 26 2005 60X:,ofi Median 80'~G of Medtan tncome ~OOX`cf Median tncoma Three four Three Four Three four Person2 .Person Person .:.. Person . Person Person Median Incomes' $ 38,520 $ 42,672 $ 51,360 $ 56,896 $ 64,200 $ 71,120 Single Family Houses on the Market (190 Total Units Available) s Affordable Housing4 $124,737 $138,182 $199,579 $210,036 $249,473 $262,546 Homes Available s 2 2 9 11 21 23 Affordable as a % of the 1.1 % 1.1 % 4.7% 5.8% 11.1 % 12.1 Available Housing Market ' Median Incomes: US Census Bureau, 2000 z Denotes number of persons in household. ' Homes available in Unincorporated Orange County on August 26th, 2005. ° Housing price necessary to be affordabable for the family size shown. s One newly constructed home was available that was affordable at or below 110% of median income. Source: Comprehensive Housing Strateav Draft". Apri12006, Orange County Dept. of Housing and Community Devt Market data provided by Triangle MLS B3m) Table: Oran>?e County Apartment2 Growth, Vacancy Rates and Avera>;e Rents, 1996- 2005 Description 1996 1997 1998_ 1999 2000. .2001 2002 2003 2004. 2005 Total Units in 6 136 6,893 7 479 7,628 7,815 8,705 8,822 8,671 17 8,6 9,249 Market Segment , , . Percent 0.0% 12.3% 8.5% -2.8% 7.5% 11.4% 1.3% -1.7% -6.0% 7.3% Increase/Decrease Vacancy Rate 1.8% 4.3% 5.5% 6.4% 8.0% 8.5% 8.5% 9.7% 9.4% 9.3% Average Rent $627 $647 $685 $749 $756 $764 $782 $783 $758 $708 Percent 0.0% 3.2% 5.9% 9.3% 0.9% 1.1 % 2.4% 0.1 % -3.2% -6.6% Increase/Decrease Notes and Sources: ' For all of Orange County s Developments with over 50 units only. Source: Comprehensive Housing Strateav 'Draft". Apri12006, Orange County Dept. of Housing and Community Devt Data provided by Chapel Hill Sub Market Summary, Real Data Apartment Market Research B3.8 As of 9/19/07