Elsmere, KY Real Estate
According to census data in the year 2000 there were 3,088 housing units in Elsmere.
This represents a 29% growth from 2,394 in 1990.
Of those housing units, 3,088 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Elsmere is about 80.1%.
Elsmere's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Elsmere were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.50% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 57.20% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $89,400 |
| Median Price asked for vacant units | $77,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.70% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 56.50% |
| Debt Free | 22.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
