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Island, KY Real Estate


According to census data in the year 2000 there were 212 housing units in Island. This represents a 6.5% growth from 199 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 212 were located in what is classified as a rural area.

Homeownership rate in Island is about 87.6%. Island's vacancy rate, including seasonal lodging, is about 12.7%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Island were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom8%
Two Bedrooms33%
Three Bedrooms50.50%
Four Bedrooms6.10%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1975
Median Value of occupied units$34,500
Median Price asked for vacant units$20,000

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1966
Median Monthly Rent asked for vacant units$142

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.10%
Simple Mortgage43.80%
Debt Free54.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%