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Oak Grove, KY Real Estate


According to census data in the year 2000 there were 2,908 housing units in Oak Grove. This represents a 112.1% growth from 1,371 in 1990.

Of those housing units, 2,458 were located in either urbanized areas or urban clusters, and 450 were located in what is classified as a rural area.

Homeownership rate in Oak Grove is about 41.3%. Oak Grove's vacancy rate, including seasonal lodging, is about 12.8%. Average household size is 2.82 people.

The majority of houses, apartments or condos in Oak Grove were built after 1995.

Statistics

Housing Size

Housing Units by Size
Studio Type4%
One Bedroom15.30%
Two Bedrooms31.40%
Three Bedrooms46.60%
Four Bedrooms2.70%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1996
Median Value of occupied units$67,400
Median Price asked for vacant units$59,300

Rented Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1995
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan3.20%
Simple Mortgage88.30%
Debt Free1.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.8%