Morehead, KY Real Estate
According to census data in the year 2000 there were 2,334 housing units in Morehead.
This represents a 0.3% growth from 2,326 in 1990.
Of those housing units, 1,355 were located in either urbanized areas or urban clusters, and 979 were located in what is classified as a rural area.
Homeownership rate in Morehead is about 48.5%.
Morehead's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Morehead were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4% |
| One Bedroom | 10.60% |
| Two Bedrooms | 33% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $88,800 |
| Median Price asked for vacant units | $57,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $328 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 42.10% |
| Debt Free | 52.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
