Midway, KY Real Estate
According to census data in the year 2000 there were 685 housing units in Midway.
This represents a 36.7% growth from 501 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 685 were located in what is classified as a rural area.
Homeownership rate in Midway is about 72.3%.
Midway's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Midway were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 10.50% |
| Two Bedrooms | 29.30% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 20.10% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $104,800 |
| Median Price asked for vacant units | $128,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.49 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 53% |
| Debt Free | 30.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
