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Princeton, KY Real Estate


According to census data in the year 2000 there were 3,145 housing units in Princeton. This represents a 0.7% decline from 3,168 in 1990.

Of those housing units, 2,950 were located in either urbanized areas or urban clusters, and 195 were located in what is classified as a rural area.

Homeownership rate in Princeton is about 68.7%. Princeton's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Princeton were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.20%
Two Bedrooms38%
Three Bedrooms43.10%
Four Bedrooms9.20%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1962
Median Value of occupied units$52,500
Median Price asked for vacant units$45,700

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1968
Median Monthly Rent asked for vacant units$261

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan5.30%
Simple Mortgage37.20%
Debt Free51%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%