Beech Grove CDP Kentucky Area Home Supply Charts

This page looks at a variety of Beech Grove CDP 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. Beech Grove CDP indicates it has a Housing Units of 140 which is less than most other places in the greater region.

Figure 2 illustrates the housing density in the Beech Grove CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Beech Grove CDP shows it has a Housing Density of 75.9 which is the smallest as measured by housing density of all the other places in the greater region. The place with the highest housing density in the area is Calhoun which shows a density of 550.4 ( markedly bigger). Comparing housing density to the United States average of 39.5, Beech Grove CDP is about twice as large. Also, measured against the state of Kentucky, housing density of 50.5, Beech Grove CDP is 50.3% larger.

In Figure 4, Beech Grove CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Beech Grove CDP depicts it has a Housing Unit Change of 27.3% which is the second most housing units of all the places in the greater Beech Grove CDP region. The place with the highest change in the housing units in the area is Hanson which depicts a housing units of 40.1% (47.2% larger). Comparing change in the housing units to the United States average of 7.4%, Beech Grove CDP is approximately 3.7 times bigger. Also, measured against the state of Kentucky, change in the housing units of 3.2%, Beech Grove CDP is appreciably bigger. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 100.0% which is the highest of all places in the greater Beech Grove CDP region.

Beech Grove CDP Kentucky Home Cost Charts

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Beech Grove CDP has the largest proportion of home price worth less than $50,000 at 57% of the total and is ranked #1. Second, it has the second smallest in order of home price worth less than $50,000 of all the other places in the greater region in terms of home price worth between $50,000 to $100,000 at 15% of the total. Third, it has the largest proportion of home price worth between $100,000 to $200,000 at 28% 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. Beech Grove CDP shows it has a Median Owner Cost of $930 which is ranked #1 of all places in the greater Beech Grove CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Beech Grove CDP metro area. it has a Owner Cost as % of HH Income of 21% which is at the top of all other places in the greater Beech Grove CDP 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.) Beech Grove CDP depicts it has a Median Owner Costs-With Mortgage of $945 which is the third most median housing cost of all other places in the greater Beech Grove CDP region.

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. Beech Grove CDP has the largest proportion of owner cost between $300 and $500 at 31% of the total and is ranked #1. Second, it has one of the largest proportions of owner cost between $500 and $700 at 32% of the total and is ranked #2. The only larger place being Sebree with 33%. Third, it has the largest proportion of owner cost between $1,500 and $2,000 at 28% 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.) Beech Grove CDP shows it has a % of Income Owner Costs-With Mortgage of 9% which is the second smallest in order of cost as a percent of household income of all the other places in the metro area. The place with the highest cost as a percent of household income in the area is Sebree which depicts a cost as a percent of household income of 22% (approximately 2.4 times bigger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Beech Grove CDP has the largest proportion of housing cost between $300 and $500 at 31% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $1,500 and $2,000 at 28% of the total and is ranked #1.

Beech Grove CDP Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Beech Grove CDP has the largest proportion of With mortgage at 91% of the total and is ranked #1. Second, it has the smallest proportion of With HELOC no Primary Mortgage at 9% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Beech Grove CDP has the smallest proportion of houses with mortgages at 9% of the total.

Beech Grove CDP Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.9 which is less than most other places in the metro area. The place with the highest family members per housing unit in the area is Sebree which depicts a family members per housing unit of 4.6 (58.2% larger). Comparing family members per housing unit to the United States average of 3.3, Beech Grove CDP is about 13.0% smaller. Also, in comparison with the state of Kentucky, family members per housing unit of 3.2, Beech Grove CDP is about 8.7% smaller.

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 second most average number of rooms in a house of all the places in the greater Beech Grove CDP region. The place with the highest average number of rooms in a house in the area is Hanson which shows 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 1983 which is more than all other places in the greater Beech Grove CDP region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2010 to 2019 at 42% of the total and is ranked #1. Second, it has the largest proportion of homes built between 1970 to 1979 at 25% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1940 to 1949 at 22% 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. has the percentage of 50 or more units the second smallest in order of one unit detached of all the other places in the greater region at 9% of the total.

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. it has the largest proportion of occupied housing units at 38% of the total and is ranked #1.

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 Beech Grove CDP residents. it has a Owner-Household Size of 2.4 which is less than most other places in the metropolitan area. The place with the highest homeowner household size in the area is Anthoston CDP which depicts a homeowner household size of 4.7 (about twice as large). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 96% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2000 to 2009 at 4% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2017 which is the highest of all places in the greater Beech Grove CDP region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 31% of the total and is ranked #1. Second, it has the largest proportion of home using bottled, tank, or lp gas at 69% of the total and is ranked #1.