Breckinridge Center CDP Kentucky Area Home Supply Charts

This page looks at a variety of Breckinridge Center CDP Kentucky housing market data taken from the most recent 2020 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. Breckinridge Center CDP depicts it has a Housing Units of 409 which is the third most housing units of all other places in the greater Breckinridge Center CDP region.

Figure 2 illustrates the housing density in the Breckinridge Center CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Breckinridge Center CDP depicts it has a Housing Density of 155.8 which is the second smallest in terms of housing density of all the other places in the metro area. The place with the highest housing density in the area is Sturgis which shows a density of 601.4 (approximately 3.9 times bigger). Comparing housing density to the United States average of 38.9, Breckinridge Center CDP is approximately 4.0 times bigger. Also, benchmarked against the state of Kentucky, housing density of 50.4, Breckinridge Center CDP is approximately 3.1 times bigger.

In Figure 4, Breckinridge Center CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Breckinridge Center CDP depicts it has a Housing Unit Change of 23.9% which is at the top of all other places in the greater Breckinridge Center CDP region. Comparing change in the housing units to the United States average of 5.7%, Breckinridge Center CDP is approximately 4.2 times bigger. Also, in comparison with the state of Kentucky, change in the housing units of 2.9%, Breckinridge Center CDP is substantially bigger.

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.) Breckinridge Center CDP shows it has a Renter Percent of 45.7% which is the largest of all places in the greater Breckinridge Center CDP region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 54.3% which is the smallest as measured by owner percent of all the other places in the greater region.

Breckinridge Center CDP Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Breckinridge Center CDP home price is illustrated for this community and a useful analysis of affordable housing. Breckinridge Center CDP shows it has a Median Home Value of $65,200 which is the second smallest when sorted by median home price of all the other places in the local area. The place with the highest median home price in the area is Waverly which depicts a home price of $85,000 (30.4% larger). Figure 8 provides aggregate comparative data for the Breckinridge Center CDP Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Breckinridge Center CDP depicts it has a Median Gross Rent of $714 which is the third most rental rates of all other places in the greater Breckinridge Center CDP region. The place with the highest rental rates in the area is Waverly which depicts a rental rates of $850 (19.0% larger). Comparing rental rates to the United States average of $1,062, Breckinridge Center CDP is approximately three-fourths the size. Also, measured against the state of Kentucky, rental rates of $763, Breckinridge Center CDP is about 6.9% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Breckinridge Center CDP has the smallest proportion of home price worth less than $50,000 at 29% of the total.

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. Breckinridge Center CDP depicts it has a Median Owner Cost of $676 which is the third most of all other places in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Breckinridge Center CDP metro area. it has a Owner Cost as % of HH Income of 14% which is less than most other places in the metro area. 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. Breckinridge Center CDP depicts it has a Median Home Value as Percent of Median Earnings of 216% which is the third most median home value as a percent of median worker earnings of all other places in the greater Breckinridge Center 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.) Breckinridge Center CDP shows it has a Median Owner Costs-With Mortgage of $873 which is the third most median housing cost of all other places in the greater Breckinridge Center CDP 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 $251 which is the second smallest as measured by median housing cost of all the other places in the greater 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. Breckinridge Center CDP has one of the largest proportions of owner cost between $300 and $500 at 26% of the total and is ranked #2. The only larger place being Sturgis with 32%. Second, it has the largest proportion of owner cost between $500 and $700 at 35% 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.) Breckinridge Center CDP shows it has a % of Income Owner Costs-With Mortgage of 14% which is the second smallest as measured by cost as a percent of household income of all the other places in the local area. The place with the highest cost as a percent of household income in the area is Corydon which depicts a cost as a percent of household income of 19% (36.2% larger). 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. Breckinridge Center CDP shows it has a % of Income Owner Costs-No Mortgage of 15% which is more than all other places in the greater Breckinridge Center CDP region.

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.) Breckinridge Center CDP 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 area at 14% of the total. Second, it has the largest proportion of rent as a percent of income is between 10pct to 20pct at 65% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Breckinridge Center CDP has the largest proportion of housing cost between $500 and $700 at 51% 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 $404 which is the second smallest in terms of median real estate taxes paid of all the other places in the metro area. The place with the highest median real estate taxes paid in the area is Morganfield which depicts a taxes paid of $821 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,471, Breckinridge Center CDP is approximately a sixth the size. Also, versus the state of Kentucky, median real estate taxes paid of $1,210, Breckinridge Center CDP is approximately a third the size.

Figure 23 shows the rental rate distribution for this area. Breckinridge Center CDP Kentucky has the largest proportion of rent between 300 and 500 dollars at 100% of the total and is ranked #1.

Breckinridge Center CDP Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Breckinridge Center CDP has the largest proportion of both 2nd mortgage and heloc at 69% of the total and is ranked #1. Second, it has the smallest proportion of no 2nd mortgage and no heloc at 31% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Breckinridge Center CDP has the smallest proportion of houses with mortgages at 31% of the total.

Breckinridge Center CDP Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.2 which is the third most family members per housing unit of all other places in the greater Breckinridge Center CDP region. The place with the highest family members per housing unit in the area is Corydon which depicts a family members per housing unit of 3.5 (9.8% larger). Comparing family members per housing unit to the United States average of 3.3, Breckinridge Center CDP is only about 4.1% smaller. Also, in contrast to the state of Kentucky, family members per housing unit of 3.1, Breckinridge Center CDP is only slightly 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 5.1 which is the second smallest when ranked by average number of rooms in a house of all the other places in the metro area. The place with the highest average number of rooms in a house in the area is Waverly which depicts an average number of rooms in a house of 6.0 (17.6% 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 1992 which is more than all other places in the greater Breckinridge Center 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 2013 at 29% of the total and is ranked #1. Second, it has the largest proportion of homes built between 2000 to 2009 at 18% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1990 to 1999 at 17% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1970 to 1979 at 4% of the total. In addition, it has the second smallest in terms of homes built in 2014 or later of all the other places in the area when ranked by homes built between 1960 to 1969 at 4% 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. has the percentage of owner housing units in the mid point range of other places in the greater region at 102 of the total.

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 50 or more units at 65% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2010 to 2013 at $102,300 of the total and is ranked #2. The only larger place being Uniontown with $103,100. Second, it has in the middle range of other places in the surrounding region in order of value of homes built 1980 to 1989 at $43,600 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 one of the largest proportions of occupied housing units at 45% of the total and is ranked #2. The only larger place being Poole CDP with 62%.

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 Breckinridge Center CDP residents. it has a Owner-Household Size of 2.0 which is the second smallest in terms of homeowner household size of all the other places in the greater region. The place with the highest homeowner household size in the area is Corydon which depicts a homeowner household size of 2.8 (38.0% larger).

Figure 37 shows the household size for renters. Breckinridge Center CDP shows it has a Renter-Household Size of 4.4 which is the most of all places in the metro area. Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2017 or later at 10% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2015 to 2016 at 7% of the total. Third, it has the largest proportion of owners moved in 2010 to 2014 at 47% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Breckinridge Center CDP has one of the largest proportions of renters moved in 2017 or later at 40% of the total and is ranked #3. Only #2 Sturgis (43%), and #1 Morganfield (53%) are larger. Second, it has less than most other places in the area as measured by renters moved in 2015 to 2016 at 18% of the total. Third, it has less than most other places in the area as measured by renters moved in 2010 to 2014 at 5% 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 2004 which is the largest of all places in the greater Breckinridge Center CDP region. Figure 41 compares the median year that renters moved into their home. Breckinridge Center CDP shows it has a Renter Median Year Moved In of 2016 which is the largest of all places in the greater Breckinridge Center 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 home using bottled, tank, or lp gas at 100% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Breckinridge Center CDP housing department, Kentucky department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Breckinridge Center CDP depicts it has a Total In Group Quarters of 1,421 which is ranked #1 of all places in the greater Breckinridge Center CDP region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Breckinridge Center CDP residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Breckinridge Center CDP has one of the largest proportions of number of people under 18 years of age and in group quarters at 95% of the total and is ranked #3. Only #2 Sturgis (100%), and #1 Morganfield (100%) are larger.