Russell Springs, KY Real Estate
According to census data in the year 2000 there were 1,305 housing units in Russell Springs.
This represents a 12.7% growth from 1,158 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,305 were located in what is classified as a rural area.
Homeownership rate in Russell Springs is about 64%.
Russell Springs's vacancy rate, including seasonal lodging, is about 12.3%.
Average household size is 2.03 people.
The majority of houses, apartments or condos in Russell Springs were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.70% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 45.40% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $56,100 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.69 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $226 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 33.80% |
| Debt Free | 57.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
