Index: Community Development / Subcategory: Housing
Community Development - Housing Data
What We Measured:
- Affordable Rental Costs
- Federally Subsidized Housing
- Home Ownership/Affordable Housing
- Homelessness (see 2011 Homelessness in Larimer County report) [pdf]
- Household Types & Age of Residents
- Housing Occupancy - Ownership/Renting
- Residential Home Sales
- Median Family Income
Highlights:
- Since 2003, vacancy rates have declined each year from 16.1% to 4.0% in the first quarter of 2011, while rents have increased more than 21% from $743 per month to $901 per month. According to the 2006-2010 American Community Survey 5-Year Estimates, 54% of Larimer County renting household paid 30% or more of their household income for rent. (Affordable Rental Cost)
- In 2012, 1,672 households received Housing Choice (Section 8) vouchers in Larimer County. As of April 2013, there were 3,695 families on the waiting list for subsidized housing in all of Larimer County. (Federally Subsidized Housing)
- From 2006 to 2011, Median Family Income (MFI) in Larimer County increased 11.8%, while the median home sale price in the Fort Collins-Loveland MSA decreased 3.6%. Additionally, according to the 2006-2010 American Community Survey 5-Year Estimates, an estimated 31% of Larimer County homeowners pay 30% or more of their income for housing, including 12% who pay 50% or more. (Home Ownership/Affordable Housing)
- In 2010, 50.1% of Larimer County family households contained married couples, and 20.8% had married couples with children under 18. (Household Types & Age of Residents)
- Estes Park was the leader of vacant housing units in 2011 at 31.0%. (Housing Occupancy)
- From 2004 through 2011, the number of homes sold in Fort Collins has declined each year. During the last decade, the median sales price of homes increased 14.3% in Estes Park, 10.5% in Fort Collins and Loveland. None of the 3 markets has kept up with inflation. (Residential Home Sales)
Related Studies:
- The Economic Impact of Subsidized Housing Programs in Colorado (April 2012) [pdf], a report on the estimated economic impact of 1,374 subsidized housing units built in Colorado in 2011.
- This Larimer County Needs Assessment (September 2009) [pdf], was prepared for the Cities of Fort Collins and Loveland by the Communities Strategies Institute in Denver.
- The Multifamily Housing Vacancy and Rental Survey results are available in a searchable database, which allows for comparisons of trend data from select areas throughout Colorado, including the Fort Collins/Loveland market. (Colorado Department of Local Affairs)
- National Low Income Housing Coalition/NLIHC - publishers of an annual report that examines the growing wage/rent disparity in America, including Larimer County data.
- City of Fort Collins Social Sustainability Department
Related issues within COMPASS:
Additional Resources:
- Best Practices Database - a searchable database with solutions to common social, economic and environmental problems of urbanization from more than 120 countries.
- Center for Housing Policy - offers a variety of housing-related white papers.
- City of Estes Park
- City of Fort Collins - Social Sustainability Department
- Colorado Coalition for the Homeless
- Fort Collins Housing Authority
- Housing Colorado
- Homeward 2020 - a Fort Collins nonprofit organization tasked with ending homelessness by 2020.
- Loveland Housing Authority
- National Center on Family Homelessness- offers several reports on the devastating effects of homelessness on children.
- State of Colorado Department of Local Affairs Division of Housing
- United States Department of Housing and Urban Development
- Urban Land Institute