Newburg, KY Real Estate
According to census data in the year 2000 there were 8,391 housing units in Newburg.
This represents a 3.4% growth from 8,119 in 1990.
Of those housing units, 8,391 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newburg is about 56%.
Newburg's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Newburg were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 15.10% |
| Two Bedrooms | 25.40% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $73,900 |
| Median Price asked for vacant units | $93,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $463 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 11.90% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 48% |
| Debt Free | 30.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
