Home

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 Type2.30%
One Bedroom15.10%
Two Bedrooms25.40%
Three Bedrooms43.60%
Four Bedrooms12.10%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1961
Median Value of occupied units$73,900
Median Price asked for vacant units$93,800

Rented Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1968
Median Monthly Rent asked for vacant units$463

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage11.90%
Home Equity Loan8.60%
Simple Mortgage48%
Debt Free30.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%