Island, KY Real Estate
According to census data in the year 2000 there were 212 housing units in Island.
This represents a 6.5% growth from 199 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 212 were located in what is classified as a rural area.
Homeownership rate in Island is about 87.6%.
Island's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Island were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 8% |
| Two Bedrooms | 33% |
| Three Bedrooms | 50.50% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $34,500 |
| Median Price asked for vacant units | $20,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $142 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.10% |
| Simple Mortgage | 43.80% |
| Debt Free | 54.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
