DRAFT Morrisville Affordable Housing Plan, September 23, 2019 version

DRAFT SEPTEMBER 23, 2019

Cost Burdened Renters by Income, 2017

Income Range

The percentage of cost burdened renters at lower incomes resembles the region. Nearly eight in ten renter households earning less than $20,000 and two-thirds of renter households earning $20,000 to $34,999 pay more than 30% of their gross income toward rent. However, out of 4,500 renter households in Morrisville, there are fewer than 200 earning less than $20,000 and fewer than 500 earning between $20,000 and $34,999. Morrisville’s higher rents compared to the region make it unlikely that lower income renter households will live in the town.

77%

Less than $20,000

67%

$20,000-$34,999

48%

$35,000-$49,999

14%

$50,000-$74,999

5%

$75,000+

Affordable Housing Plan for Morrisville, NC | 2019

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