Loretto, KY Real Estate
According to census data in the year 2000 there were 275 housing units in Loretto.
This represents a 3.2% decline from 284 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 275 were located in what is classified as a rural area.
Homeownership rate in Loretto is about 87.6%.
Loretto's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Loretto were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 4.40% |
| Two Bedrooms | 26.90% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 18.20% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $65,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $320 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 36.60% |
| Debt Free | 47.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
