Burlington, KY Real Estate
According to census data in the year 2000 there were 4,078 housing units in Burlington.
This represents a 87.9% growth from 2,170 in 1990.
Of those housing units, 3,971 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.
Homeownership rate in Burlington is about 71.4%.
Burlington's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Burlington were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 9.30% |
| Two Bedrooms | 24.10% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 19.10% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.94 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $127,800 |
| Median Price asked for vacant units | $123,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $591 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.40% |
| Home Equity Loan | 16.30% |
| Simple Mortgage | 62.20% |
| Debt Free | 10.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
