Erlanger, KY Real Estate
According to census data in the year 2000 there were 6,909 housing units in Erlanger.
This represents a 13.6% growth from 6,081 in 1990.
Of those housing units, 6,909 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Erlanger is about 68%.
Erlanger's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Erlanger were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.50% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $97,100 |
| Median Price asked for vacant units | $78,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $476 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 52.20% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
