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Monterey, KY Real Estate


According to census data in the year 2000 there were 68 housing units in Monterey. This represents a 6.8% decline from 73 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.

Homeownership rate in Monterey is about 89.8%. Monterey's vacancy rate, including seasonal lodging, is about 13.2%. Average household size is 3.39 people.

The majority of houses, apartments or condos in Monterey were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.50%
Two Bedrooms14.70%
Three Bedrooms54.40%
Four Bedrooms27.90%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1939
Median Value of occupied units$44,600
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size6.5
Median year structure was built1954

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage67.90%
Debt Free32.10%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs23.4%