Beaver Dam Kentucky Area Home Supply Charts

This page looks at a variety of Beaver Dam Kentucky housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Beaver Dam shows it has a Housing Units of 1,506 which is the highest of all places in the greater Beaver Dam region.

Figure 2 illustrates the housing density in the Beaver Dam housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Beaver Dam shows it has a Housing Density of 498.4 which is the second most housing densities of all the places in the greater Beaver Dam region. The city with the highest housing density in the area is Centertown which depicts a density of 542.9 (8.9% larger). Comparing housing density to the United States average of 39.5, Beaver Dam is markedly bigger. Also, benchmarked against the state of Kentucky, housing density of 50.5, Beaver Dam is markedly bigger.

In Figure 4, Beaver Dam area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Beaver Dam shows it has a Housing Unit Change of 5.2% which is the largest of all places in the greater Beaver Dam region. Comparing change in the housing units to the United States average of 7.4%, Beaver Dam is approximately three-fourths the size. Also, compared with the state of Kentucky, change in the housing units of 3.2%, Beaver Dam is 62.6% larger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Beaver Dam shows it has a Renter Percent of 44.2% which is the largest of all places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 55.8% which is the smallest as measured by owner percent of all the other places in the greater region.

Beaver Dam Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Beaver Dam home price is illustrated for this community and a useful analysis of affordable housing. Beaver Dam depicts it has a Median Home Value of $113,000 which is the highest of all places in the greater Beaver Dam region. Figure 8 provides aggregate comparative data for the Beaver Dam Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Beaver Dam shows it has a Median Gross Rent of $715 which is the third most of all other places in the greater region. The city with the highest rental rates in the area is McHenry which shows a rental rates of $913 (27.7% larger). Comparing rental rates to the United States average of $1,163, Beaver Dam is approximately three-fourths the size. Also, compared with the state of Kentucky, rental rates of $826, Beaver Dam is about 15.5% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Beaver Dam has the percentage of home price worth less than $50,000 less than most other places in the local area at 33% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 38% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $200,000 to $300,000 at 9% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Beaver Dam shows it has a Median Owner Cost of $748 which is the highest of all places in the greater Beaver Dam region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Beaver Dam metro area. it has a Owner Cost as % of HH Income of 18% which is the most of all places in the greater region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Beaver Dam depicts it has a Median Home Value as Percent of Median Earnings of 317% which is the largest of all places in the greater Beaver Dam region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Beaver Dam depicts it has a Median Owner Costs-With Mortgage of $1,020 which is the second most median housing cost of all the places in the greater Beaver Dam region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $347 which is in the mid point range of other places in the metropolitan area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Beaver Dam has the percentage of owner cost less than $300 less than most other places in the local area at 20% of the total. Second, it has the second smallest when ranked by owner cost less than $300 of all the other places in the greater region as measured by owner cost between $300 and $500 at 3% of the total. Third, it has one of the largest proportions of owner cost between $500 and $700 at 29% of the total and is ranked #3. Only #2 Centertown (32%), and #1 Rosine CDP (38%) are larger. Also, it has one of the largest proportions of owner cost between $700 and $1,000 at 20% of the total and is ranked #2. The only larger city being Hartford with 22%. In addition, it has the largest proportion of owner cost between $1,000 and $1,500 at 5% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $2,000 and $2,500 at 3% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Beaver Dam depicts it has a % of Income Owner Costs-With Mortgage of 26% which is the highest of all places in the local area. Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Beaver Dam indicates it has a % of Income Owner Costs-No Mortgage of 10% which is the third most of all other places in the area. The city with the highest cost as a percent of household income in the area is McHenry which shows a cost as a percent of household income of 17% (68.3% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Beaver Dam has the percentage of rent as a percent of income is less than 10 pct in the mid point range of other places in the local area at 30% of the total. Second, it has the second smallest in order of rent as a percent of income is less than 10 pct of all the other places in the local area when ranked by rent as a percent of income is between 10pct to 20pct at 7% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Beaver Dam has the largest proportion of housing cost between $500 and $700 at 43% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $1,000 and $1,500 at 3% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $2,000 and $2,500 at 2% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $786 which is the second most median real estate taxes paid of all the places in the greater Beaver Dam region. The city with the highest median real estate taxes paid in the area is Hartford which shows a taxes paid of $788 ( about the same size). Comparing median real estate taxes paid to the United States average of $2,690, Beaver Dam is approximately a third the size. Also, versus the state of Kentucky, median real estate taxes paid of $1,320, Beaver Dam is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Beaver Dam Kentucky. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Beaver Dam has the largest proportion of pay extra for utilities at 3% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Beaver Dam Kentucky has one of the largest proportions of rent between 300 and 500 dollars at 56% of the total and is ranked #2. The only larger city being Rockport with 100%.

Beaver Dam Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Beaver Dam has one of the largest proportions of With mortgage at 48% of the total and is ranked #2. The only larger city being Rosine CDP with 50%. Second, it has the largest proportion of No 2nd Mortgage or HELOC at 7% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 5% of the total and is ranked #1. Also, it has the smallest proportion of With HELOC no Primary Mortgage at 45% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Beaver Dam has the smallest proportion of houses with mortgages at 45% of the total.

Beaver Dam Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.3 which is the second smallest when ranked by family members per housing unit of all the other places in the area. The city with the highest family members per housing unit in the area is McHenry which depicts a family members per housing unit of 3.6 (10.1% larger). Comparing family members per housing unit to the United States average of 3.3, Beaver Dam is about the same size. Also, measured against the state of Kentucky, family members per housing unit of 3.2, Beaver Dam is only about 3.1% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.6 which is the third most average number of rooms in a house of all other places in the greater Beaver Dam region. The city with the highest average number of rooms in a house in the area is Hartford which depicts an average number of rooms in a house of 6.0 (7.1% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1971 which is the third most year built of all other places in the greater Beaver Dam region. The city with the highest year built in the area is McHenry which shows a year built of 1990 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2020 or later the second smallest in terms of homes built in 2020 or later of all the other places in the metro area at 1% of the total. Second, it has one of the largest proportions of homes built between 2010 to 2019 at 11% of the total and is ranked #3. Only #2 Centertown (12%), and #1 Rockport (13%) are larger. Third, it has one of the largest proportions of homes built between 1970 to 1979 at 24% of the total and is ranked #2. The only larger city being Rosine CDP with 33%. Also, it has the second smallest when ranked by homes built in 2020 or later of all the other places in the greater region in terms of homes built between 1960 to 1969 at 8% of the total. In addition, it has one of the largest proportions of homes built between 1950 to 1959 at 11% of the total and is ranked #2. The only larger city being Hartford with 16%. Furthermore, it has the smallest proportion of homes built between 1940 to 1949 at 5% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has the largest proportion of owner housing units at 634 of the total and is ranked #1.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit detached at 2% of the total and is ranked #1. Second, it has the largest proportion of one unit attached at 18% of the total and is ranked #1. Third, it has the largest proportion of 2 units at 11% of the total and is ranked #1. Also, it has the smallest proportion of 50 or more units at 1% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2010 to 2013 at $128,800 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2000 to 2009 at $198,100 of the total and is ranked #1. Third, it has in the mid range of other places in the metro area when sorted by value of homes built 1980 to 1989 at $91,600 of the total. Also, it has the largest proportion of value of homes built 1970 to 1979 at $126,900 of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the percentage of occupied housing units the second smallest when ranked by occupied housing units of all the other places in the local area at 5% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Beaver Dam residents. it has a Owner-Household Size of 2.6 which is less than most other places in the greater region. The city with the highest homeowner household size in the area is Rochester which shows a homeowner household size of 3.2 (25.0% larger).

Figure 37 shows the household size for renters. Beaver Dam depicts it has a Renter-Household Size of 2.3 which is less than most other places in the greater region. The city with the highest renter household size in the area is Centertown which depicts a renter household sizes of 4.5 (about twice as large). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later the second smallest when sorted by owners moved in 2019 or later of all the other places in the greater region at 3% of the total. Second, it has in the middle range of other places in the greater region when ranked by owners moved in 2015 to 2018 at 17% of the total. Third, it has in the middle range of other places in the metro area as measured by owners moved in 2010 to 2014 at 33% of the total. Also, it has one of the largest proportions of owners moved in 2000 to 2009 at 20% of the total and is ranked #2. The only larger city being Rochester with 26%. In addition, it has one of the largest proportions of owners moved in 1990 to 1999 at 27% of the total and is ranked #2. The only larger city being Rochester with 33%. Figure 39 shows the year that people who rent moved into the area. Beaver Dam has the percentage of renters moved in 2019 or later less than most other places in the metro area at 55% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 24% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2000 which is the second smallest when sorted by median year that a home owner moved in of all the other places in the metropolitan area. Figure 41 compares the median year that renters moved into their home. Beaver Dam shows it has a Renter Median Year Moved In of 2018 which is the largest of all places in the greater Beaver Dam region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas the second smallest when ranked by homes using natural gas of all the other places in the metro area at 1% of the total. Second, it has the smallest proportion of home using bottled, tank, or lp gas at 31% of the total.