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)
- 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 4.4% in the first quarter of 2009, while rents have increased nearly 16% from $743 per month to $861 per month. According to the 2005-2009 American Community Survey 5-year Estimates, 55% of Larimer County renters were paying 30% or more of their household income for rent. (Affordable Rental Cost)
- In 2011, 1,685 households received Housing Choice (Section 8) vouchers in Larimer County. As of March 2012, there were 3,490 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 2010 at 31.8%. (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:
- In 2009, 22% of working households in Colorado suffered from severe housing cost burden, according to Housing Landscape 2011: An Annual Look at the Housing Affordability Challenges of America's Working Households (February 2011) [pdf], Center for Housing Policy
- Should I Stay or Should I Go? Exploring the Effects of Housing Instability and Mobility on Children (February 2011) ) [pdf], this report looks at how frequent, unplanned moves affects the well being of children in a community. Center for Housing Policy
- 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.
- According to America's Youngest Outcasts [pdf], a report on child homelessness published by The National Center on Family Homelessness, Colorado ranks 35 out of 50 in its efforts at dealing with childhood homelessness.
- The State of Children and Youth in Larimer County (July 2009) [pdf], this report, prepared by Healthier Communities Coalition of Larimer County, offers a snapshot of how children and youth in Larimer County are doing at the beginning of the 21st century.
- There are more than 15,000 homeless in Colorado. One-third are children and teens, according to the 2009 Housing Colorado Facts Book.
- Fort Collins Housing Authority Five-year Strategic Plan 2007-2012 [pdf]
- 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 Campaign Against Hunger & Homelessness: Survey of Hunger & Homelessness in America, 2004 [pdf] (February 2005) - includes responses from nine Colorado cities, the closest being Greeley.
- 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 Advanced Planning Department - Affordable Housing
- Estes Valley Housing Needs Assessment [pdf] (March 2008)
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.
- City of Estes Park
- City of Fort Collins - Affordable Housing
- Colorado Coalition for the Homeless
- Fort Collins Housing Authority
- Housing Colorado
- Homeward 2020 - a Fort Collins nonprofit organization tasked with ending homelessness by 2020.
- Larimer County
- Loveland Housing Authority
- Northern Front Range Continuum of Care - a consortium of non-profit agencies, local governments, and the faith-based community, working together to secure funding and educate the community about homelessness.
- State of Colorado Department of Local Affairs Division of Housing
- United States Department of Housing and Urban Development
- Urban Land Institute