Lebanon, KY Real Estate
According to census data in the year 2000 there were 2,487 housing units in Lebanon.
This represents a 4.1% growth from 2,388 in 1990.
Of those housing units, 2,461 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 61%.
Lebanon's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Lebanon were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 12.70% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 45.30% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $64,100 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 46.20% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
