Home

Mayfield, KY Real Estate


According to census data in the year 2000 there were 4,916 housing units in Mayfield. This represents a 1.2% growth from 4,859 in 1990.

Of those housing units, 4,793 were located in either urbanized areas or urban clusters, and 123 were located in what is classified as a rural area.

Homeownership rate in Mayfield is about 58.7%. Mayfield's vacancy rate, including seasonal lodging, is about 10.9%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Mayfield were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom18%
Two Bedrooms34.90%
Three Bedrooms35.90%
Four Bedrooms9.10%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1959
Median Value of occupied units$57,500
Median Price asked for vacant units$50,200

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1970
Median Monthly Rent asked for vacant units$240

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan8.10%
Simple Mortgage41.30%
Debt Free47.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%