Resolution No. 4834 Exhibit - Laserfiche WebLink

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conditions. Out of the total reported renter-occupied housing units in the sample data, 3.8% reported two conditions, 47.9% reported one selected condition, and 48.1% reported no conditions. Within Springfield owner-occupied units, 1.3% reported two conditions, 25.5% reported one condition, and 73.2% reported no conditions. The rental housing in Springfield did report that 4.5% reported two conditions, 44.8% of housing units had one selected condition, and 50.4 said they had no selected conditions. This data verifies what was stated in the Eugene-Springfield Consolidated Plan 2000, that more rental households have less than standard conditions compared to owner-occupied households. Housing Types and Costs Related to Income Low-income households are predominantly renters. According to the Census 2000 data, 40.2% of all renter households were Iow-income, but 68.0% of all households earning less than $35,000 were renters. Choice or lack of choice in housing types is related to income. As the cost of housing continues to rise faster than household incomes, more families are going to be faced with fewer housing options. Census 2000 data indicates that 52.0% of all rental households in the metropolitan area pay more that 30.0% of their household income for rent each month, and 28.0% are paying in excess of 50.0% of their income for rent. A higher proportion of Eugene renters pay more than 30.0% of their income to rent than do renters in Springfield, an indication that rents are generally lower in Springfield than in Eugene. This does not necessarily mean that incomes of Springfield renters are higher than those in Eugene. Housing Tenure Between 1990 and 1998, the proportion of multiple family units to single family units built was 51.0% to 49.0% respectively. The proportion of owners to renters in general in Eugene and Springfield has hovered at about 50/50 for the past few decades. Current building trends look to maintaining this relationship. Vacancy Rates 2004 vacancy rates for all housing in the Eugene-Springfield area is 5.5%, with 4,775 unoccupied units. ESRI projects that this rate will increase slightly to 5.7% in 2009. A "healthy" rental vacancy rate is about 5.0%. Detailed vacancy data is only available for 2000, but this data shows that vacancy rates are significantly lower in housing structures with less than five units. The lowest vacancy rate of 3.6% corresponds to single detached units and also to structures with three to four units. The highest vacancy rate (11.1%) is for structures containing 50 or more units. 1 detached 3.6% 5 - 9 units 8.7% 1 attached 4.1% 10 - 19 units 10.1% 2 units 5.3% 20 - 49 units 9.0% 3 - 4 units 3.6% 50 or more units 11.1% Average Rents The 2000 Census reports that the median rent amount for Eugene was $566/month and for Springfield median rent was $518/month. This is a significant difference and is reflected by the greater percentage of renters in Eugene than in Springfield who pay more than 30.0% of their household income to rent (53.0% vs. 48.0%). For renters who pay more than 50.0% of their income to rent, the difference between the cities is even 32