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Wellington, KY Real Estate


According to census data in the year 2000 there were 249 housing units in Wellington. This represents a 3.1% decline from 257 in 1990.

Of those housing units, 249 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wellington is about 89.4%. Wellington's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Wellington were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms18.10%
Three Bedrooms54.20%
Four Bedrooms25.30%
Five Bedrooms or more2.40%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1946
Median Value of occupied units$144,200
Median Price asked for vacant units$120,800

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1948

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan11.60%
Simple Mortgage42.20%
Debt Free39.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%