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Lone Oak, KY Real Estate


According to census data in the year 2000 there were 260 housing units in Lone Oak. This represents a 16.1% growth from 224 in 1990.

Of those housing units, 260 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lone Oak is about 48%. Lone Oak's vacancy rate, including seasonal lodging, is about 13.5%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Lone Oak were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.20%
Two Bedrooms43.80%
Three Bedrooms31.50%
Four Bedrooms9.20%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1957
Median Value of occupied units$68,300
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1966
Median Monthly Rent asked for vacant units$372

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan4.10%
Simple Mortgage45.40%
Debt Free42.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.5%