Newport, KY Real Estate
According to census data in the year 2000 there were 7,779 housing units in Newport.
This represents a 3.5% decline from 8,059 in 1990.
Of those housing units, 7,779 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newport is about 44.5%.
Newport's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Newport were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1939|
|Median Value of occupied units||$67,500|
|Median Price asked for vacant units||$42,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.15|
|Median year structure was built||1947|
|Median Monthly Rent asked for vacant units||$424|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||8.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|