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Morganfield, KY Real Estate


According to census data in the year 2000 there were 1,571 housing units in Morganfield. This represents a 2.1% growth from 1,539 in 1990.

Of those housing units, 1,571 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Morganfield is about 69.9%. Morganfield's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Morganfield were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom10.50%
Two Bedrooms33.80%
Three Bedrooms40%
Four Bedrooms11.40%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1960
Median Value of occupied units$64,300

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1966
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage5.60%
Home Equity Loan6.70%
Simple Mortgage38.30%
Debt Free48.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%