New Castle, KY Real Estate
According to census data in the year 2000 there were 400 housing units in New Castle.
This represents a 4.4% growth from 383 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 400 were located in what is classified as a rural area.
Homeownership rate in New Castle is about 59.5%.
New Castle's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in New Castle were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 15% |
| Two Bedrooms | 34% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $79,900 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $183 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 38.90% |
| Debt Free | 54.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.6% |
