Albany, KY Real Estate
According to census data in the year 2000 there were 1,148 housing units in Albany.
This represents a 15.1% growth from 997 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,148 were located in what is classified as a rural area.
Homeownership rate in Albany is about 53.8%.
Albany's vacancy rate, including seasonal lodging, is about 12.9%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Albany were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 15.80% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 38.10% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $44,800 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $198 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 31.90% |
| Debt Free | 60.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
