Providence, KY Real Estate
According to census data in the year 2000 there were 1,737 housing units in Providence.
This represents a 4.7% decline from 1,823 in 1990.
Of those housing units, 1,456 were located in either urbanized areas or urban clusters, and 281 were located in what is classified as a rural area.
Homeownership rate in Providence is about 70.8%.
Providence's vacancy rate, including seasonal lodging, is about 15.7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Providence were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 10% |
| Two Bedrooms | 39% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $32,000 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $203 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 40.60% |
| Debt Free | 51% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
