Danville, KY Real Estate
According to census data in the year 2000 there were 6,734 housing units in Danville.
This represents a 29.3% growth from 5,210 in 1990.
Of those housing units, 6,529 were located in either urbanized areas or urban clusters, and 205 were located in what is classified as a rural area.
Homeownership rate in Danville is about 61.5%.
Danville's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Danville were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 9.20% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $91,700 |
| Median Price asked for vacant units | $66,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 43.40% |
| Debt Free | 42.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
