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Affordable Housing in Country Club Heights: A Demographic Analysis of a Charlotte Neighborhood
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Country Club Heights, a neighborhood in Charlotte, North Carolina, had a population of 3,979 in 2022. The area contains one Low-Income Housing Tax Credit (LIHTC) funded affordable housing project, which provides 34 units, with 33 designated as low-income. This project represents approximately 2.2% of the neighborhood's estimated 1,525 housing units.
The LIHTC program has invested $139,729 in tax credits for affordable housing in Country Club Heights, averaging about $4,110 per unit. The sole LIHTC project, St Andrew's Homes, was completed in 1996, indicating a 25-year presence of affordable housing in the area. The project consists of 32 one-bedroom units and 2 two-bedroom units, suggesting a focus on smaller households or individuals.
Country Club Heights has experienced demographic shifts over the past decade. The population decreased from 5,073 in 2013 to 3,979 in 2022, a 21.6% decline. Despite this decrease, the median income increased from $56,270 in 2013 to $71,356 in 2022, a 26.8% rise.
The racial composition of the neighborhood has also changed. The White population decreased from 40% in 2013 to 38% in 2022, while the Black population increased from 16% to 28%. The Hispanic population decreased from 35% in 2013 to 29% in 2022. The Asian population decreased slightly from 7% to 2%. These demographic shifts, particularly the rising median income and changing racial composition, may indicate evolving housing needs in the neighborhood.
Country Club Heights has maintained a single LIHTC-funded affordable housing project, St Andrew's Homes, which has provided 34 units of affordable housing since 1996. While this project covers a small percentage of the neighborhood's estimated housing stock, it has been a consistent source of affordable housing for over two decades. The neighborhood has experienced significant demographic changes in recent years, including a decrease in population, an increase in median income, and shifts in racial composition. These changes may influence future affordable housing needs and development in the area.
