Mayfield, KY Real Estate
According to census data in the year 2000 there were 4,916 housing units in Mayfield.
This represents a 1.2% growth from 4,859 in 1990.
Of those housing units, 4,793 were located in either urbanized areas or urban clusters, and 123 were located in what is classified as a rural area.
Homeownership rate in Mayfield is about 58.7%.
Mayfield's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Mayfield were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 18% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $57,500 |
| Median Price asked for vacant units | $50,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $240 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 41.30% |
| Debt Free | 47.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
