Frankfort, KY Real Estate
According to census data in the year 2000 there were 13,398 housing units in Frankfort.
This represents a 12.8% growth from 11,880 in 1990.
Of those housing units, 13,316 were located in either urbanized areas or urban clusters, and 82 were located in what is classified as a rural area.
Homeownership rate in Frankfort is about 51.9%.
Frankfort's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Frankfort were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 17.90% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $88,100 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $360 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 49.60% |
| Debt Free | 33.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
