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Providence, KY Real Estate


According to census data in the year 2000 there were 1,737 housing units in Providence. This represents a 4.7% decline from 1,823 in 1990.

Of those housing units, 1,456 were located in either urbanized areas or urban clusters, and 281 were located in what is classified as a rural area.

Homeownership rate in Providence is about 70.8%. Providence's vacancy rate, including seasonal lodging, is about 15.7%. Average household size is 2.43 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom10%
Two Bedrooms39%
Three Bedrooms40.30%
Four Bedrooms8.10%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1959
Median Value of occupied units$32,000
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1969
Median Monthly Rent asked for vacant units$203

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan3.90%
Simple Mortgage40.60%
Debt Free51%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%