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 Type | 0% |
| One Bedroom | 1.50% |
| Two Bedrooms | 14.70% |
| Three Bedrooms | 54.40% |
| Four Bedrooms | 27.90% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $44,600 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 6.5 |
| Median year structure was built | 1954 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 67.90% |
| Debt Free | 32.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.4% |
