Fairmeade, KY Real Estate
According to census data in the year 2000 there were 132 housing units in Fairmeade.
This represents a 13.8% growth from 116 in 1990.
Of those housing units, 132 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairmeade is about 89.9%.
Fairmeade's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Fairmeade were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.50% |
| Two Bedrooms | 12.10% |
| Three Bedrooms | 63.60% |
| Four Bedrooms | 20.50% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $146,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1959 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 42% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
