Morganfield, KY Real Estate
According to census data in the year 2000 there were 1,571 housing units in Morganfield.
This represents a 2.1% growth from 1,539 in 1990.
Of those housing units, 1,571 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Morganfield is about 69.9%.
Morganfield's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Morganfield were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 10.50% |
| Two Bedrooms | 33.80% |
| Three Bedrooms | 40% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $64,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 38.30% |
| Debt Free | 48.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
