Mortons Gap, KY Real Estate
According to census data in the year 2000 there were 455 housing units in Mortons Gap.
This represents a 4.1% growth from 437 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 455 were located in what is classified as a rural area.
Homeownership rate in Mortons Gap is about 85.8%.
Mortons Gap's vacancy rate, including seasonal lodging, is about 13.2%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Mortons Gap were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 1.80% |
| Two Bedrooms | 46.60% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $39,100 |
| Median Price asked for vacant units | $41,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $265 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 35.90% |
| Debt Free | 57.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.6% |
