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Marion, KY Real Estate


According to census data in the year 2000 there were 1,572 housing units in Marion. This represents a 1.1% growth from 1,555 in 1990.

Of those housing units, 1,387 were located in either urbanized areas or urban clusters, and 185 were located in what is classified as a rural area.

Homeownership rate in Marion is about 67%. Marion's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.07 people.

The majority of houses, apartments or condos in Marion were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom9.90%
Two Bedrooms41.70%
Three Bedrooms37.60%
Four Bedrooms7.30%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1959
Median Value of occupied units$47,000
Median Price asked for vacant units$35,900

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1974
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan1.50%
Simple Mortgage36.20%
Debt Free60.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%