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Okolona, KY Real Estate


According to census data in the year 2000 there were 7,483 housing units in Okolona. This represents a 2.5% growth from 7,297 in 1990.

Of those housing units, 7,483 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Okolona is about 63%. Okolona's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Okolona were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom9.70%
Two Bedrooms25.80%
Three Bedrooms51.50%
Four Bedrooms10.80%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1964
Median Value of occupied units$93,100
Median Price asked for vacant units$83,100

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1971
Median Monthly Rent asked for vacant units$383

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage11.40%
Home Equity Loan8.60%
Simple Mortgage46.80%
Debt Free33.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%