Murray, KY Real Estate
According to census data in the year 2000 there were 6,690 housing units in Murray.
This represents a 20.6% growth from 5,546 in 1990.
Of those housing units, 6,580 were located in either urbanized areas or urban clusters, and 110 were located in what is classified as a rural area.
Homeownership rate in Murray is about 48.4%.
Murray's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.03 people.
The majority of houses, apartments or condos in Murray were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 20.10% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 33.40% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $84,200 |
| Median Price asked for vacant units | $65,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $292 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 38% |
| Debt Free | 47.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
