Manchester, KY Real Estate
According to census data in the year 2000 there were 837 housing units in Manchester.
This represents a 11.3% growth from 752 in 1990.
Of those housing units, 824 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Manchester is about 42%.
Manchester's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Manchester were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 21.50% |
| Two Bedrooms | 39.40% |
| Three Bedrooms | 26% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $59,300 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $200 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 25.20% |
| Debt Free | 68% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
