Note: The King County Benchmarks, Affordable Housing 2006 report is available for viewing in Adobe Acrobat format (PDF). You will need to have a copy of Adobe Acrobat Reader installed on your computer to view the report file. You can download a free copy of the Acrobat Reader here or visit the Adobe Web site to get more information (both are external links). This material will be provided in alternative formats for individuals with disabilities upon request. King
County Benchmarks, Affordable Housing
2006 The individual indicator links below will download and open the smaller PDF file, which does not include the two maps. If Acrobat Reader runs inside of your browser window, the file should open directly to the specified indicator. (Otherwise, simply navigate within the document using the Acrobat Reader controls.) Each of the maps is available as a separate PDF file. What's Inside The Supply of Affordable Rental Housing is insufficient with a deficit of affordable housing for nearly 69,000 households earning less than $24,300 (Indicator 21, page 3). One-half of renters and one-third of owner households pay more than 30% on Income for Housing Costs (Indicator 22, page 4). It is estimated that 24,000 people in King County will experience an episode of Homelessness in the course of a year (Indicator 23, page 5). The Home Purchase Affordability Gap for median-income households grows to 46% in 2005 (Indicator 24, page 6). At 61%, the Home Ownership Rate in King County lags behind other metropolitan areas nationwide (Indicator 25, page 7). For the first time since 2002, the Apartment Vacancy Rate has dipped below 6% (Indicator 27, page 8). The Trend of Housing Costs in Relation to Income continued in 2005, as the median home price increased nearly 15% from the previous year while median income rose less than 1% (Indicator 27, page 9). Public Dollars Spent for Low Income Housing increased in 2005 as King County jurisdictions dedicated $18.6 million to create, preserve or repair over 1,000 affordable housing units (Indicator 28, page 10). Most Housing Units Affordable to Low Income Households are concentrated in south county cities, including over 40% of the apartments affordable to households that earn half of median income (Indicator 29, page 12). Map: Single Family Home Sales by Price Range (2.2 Mb PDF)
Contact Information Printed copies of the Benchmark Reports or information about the Benchmark Program are available from: Lisa Voight , Benchmark
Program Manager Updated: January 30, 2007 King
County Benchmarks 2004 - 2005
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