Crab Orchard Kentucky Area Home Supply Charts

This page looks at a variety of Crab Orchard Kentucky housing market data taken from the most recent 2021 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. Crab Orchard depicts it has a Housing Units of 418 which is the second smallest when sorted by housing units of all the other places in the local area.

Figure 2 illustrates the housing density in the Crab Orchard housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Crab Orchard depicts it has a Housing Density of 239.4 which is the second smallest in order of housing density of all the other places in the greater region. The city with the highest housing density in the area is Lancaster which depicts a density of 766.6 (approximately 3.2 times bigger). Comparing housing density to the United States average of 39.2, Crab Orchard is considerably bigger. Also, benchmarked against the state of Kentucky, housing density of 50.6, Crab Orchard is approximately 4.7 times bigger.

In Figure 4, Crab Orchard area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Crab Orchard depicts it has a Housing Unit Change of -0.7% which is less than most other places in the local area. The city with the highest change in the housing units in the area is Stanford which shows a housing units of 7.2% ( substantially bigger). Comparing change in the housing units to the United States average of 6.5%, Crab Orchard is about the same size. Also, measured against the state of Kentucky, change in the housing units of 3.5%, Crab Orchard is about the same size.

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.) Crab Orchard shows it has a Renter Percent of 47.6% which is in the intermediate range of other places in the metropolitan area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 52.4% which is in the middle range of other places in the local area.

Crab Orchard Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Crab Orchard home price is illustrated for this community and a useful analysis of affordable housing. Crab Orchard depicts it has a Median Home Value of $67,400 which is the second smallest when sorted by median home price of all the other places in the metro area. The city with the highest median home price in the area is Berea which depicts a home price of $130,000 (about twice as large). Figure 8 provides aggregate comparative data for the Crab Orchard Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Crab Orchard depicts it has a Median Gross Rent of $390 which is the second smallest as measured by rental rates of all the other places in the local area. The city with the highest rental rates in the area is Berea which shows a rental rates of $739 (about twice as large). Comparing rental rates to the United States average of $1,096, Crab Orchard is approximately a third the size. Also, versus the state of Kentucky, rental rates of $783, Crab Orchard is approximately half the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Crab Orchard has the percentage of home price worth less than $50,000 less than most other places in the greater region at 35% 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. Crab Orchard depicts it has a Median Owner Cost of $486 which is less than most 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 Crab Orchard metro area. it has a Owner Cost as % of HH Income of 16% which is in the center range of other 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. Crab Orchard shows it has a Median Home Value as Percent of Median Earnings of 203% which is the second smallest in order of median home value as a percent of median worker earnings of all the other places in the greater 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.) Crab Orchard shows it has a Median Owner Costs-With Mortgage of $689 which is the second smallest when sorted by median housing cost of all the other places in the metro area. 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 $275 which is the second smallest when sorted 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. Crab Orchard has one of the largest proportions of owner cost less than $300 at 27% of the total and is ranked #3. Only #2 Stanford (29%), and #1 Lancaster (57%) are larger. Second, it has the largest proportion of owner cost between $300 and $500 at 25% of the total and is ranked #1. Third, it has less than most other places in the metro area as measured by owner cost between $500 and $700 at 12% of the total.

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.) Crab Orchard depicts it has a % of Income Owner Costs-With Mortgage of 18% which is in the mid range of other places in the surrounding region. The city with the highest cost as a percent of household income in the area is Brodhead which shows a cost as a percent of household income of 22% (27.8% 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. Crab Orchard shows it has a % of Income Owner Costs-No Mortgage of 13% which is the third most of all other places in the local area. The city with the highest cost as a percent of household income in the area is Stanford which shows a cost as a percent of household income of 17% (28.8% 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.) Crab Orchard has the largest proportion of rent as a percent of income is less than 10 pct at 36% of the total and is ranked #1. Second, it has the second smallest in terms of rent as a percent of income is less than 10 pct of all the other places in the local area when sorted by rent as a percent of income is between 20pct to 30pct at 9% of the total. Third, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 8% of the total and is ranked #2. The only larger city being Lancaster with 8%. Also, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 22% of the total and is ranked #3. Only #2 Lancaster (30%), and #1 Mount Vernon (50%) are larger.

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 $613 which is the second smallest in order of median real estate taxes paid of all the other places in the surrounding region. The city with the highest median real estate taxes paid in the area is Berea which shows a taxes paid of $1,178 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,551, Crab Orchard is approximately a quarter the size. Also, measured against the state of Kentucky, median real estate taxes paid of $1,252, Crab Orchard is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Crab Orchard Kentucky has the largest proportion of rent less than 300 dollars at 17% of the total and is ranked #1. Second, it has the second smallest in terms of rent less than 300 dollars of all the other places in the local area as measured by rent between 300 and 500 dollars at 31% of the total. Third, it has the second smallest when sorted by rent less than 300 dollars of all the other places in the surrounding region in terms of rent between 500 and 750 dollars at 8% of the total.

Crab Orchard Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Crab Orchard has the percentage of With mortgage in the mid point range of other places in the metro area at 49% of the total. Second, it has one of the largest proportions of With HELOC no Primary Mortgage at 51% of the total and is ranked #3. Only #2 Lancaster (63%), and #1 McKinney CDP (100%) are larger.

Crab Orchard Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.1 which is the third most family members per housing unit of all other places in the greater Crab Orchard region. The city with the highest family members per housing unit in the area is Brodhead which depicts a family members per housing unit of 3.6 (17.1% larger). Comparing family members per housing unit to the United States average of 3.3, Crab Orchard is about 6.7% smaller. Also, measured against the state of Kentucky, family members per housing unit of 3.1, Crab Orchard is about the same size.

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 4.8 which is the second smallest in terms of average number of rooms in a house of all the other places in the local area. The city with the highest average number of rooms in a house in the area is Berea which depicts an average number of rooms in a house of 5.7 (18.8% 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 1980 which is the third most year built of all other places in the greater Crab Orchard region. The city with the highest year built in the area is Brodhead which depicts a year built of 1989 ( 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 between 2010 to 2013 in the center range of other places in the local area at 12% of the total. Second, it has less than most other places in the local area in terms of homes built between 2000 to 2009 at 17% of the total. Third, it has the largest proportion of homes built between 1990 to 1999 at 21% of the total and is ranked #1. Also, it has one of the largest proportions of homes built between 1940 to 1949 at 12% of the total and is ranked #3. Only #2 Stanford (13%), and #1 Lancaster (13%) are larger.

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 the second smallest in order of owner-occupied housing units of all the other places in the metro area at 157 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 one of the largest proportions of 2 units at 10% of the total and is ranked #3. Only #2 Berea (10%), and #1 Brodhead (13%) are larger. Second, it has the largest proportion of 3 or 4 units at 15% 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. has the percentage of value of homes built 2010 to 2013 less than most other places in the local area at $49,100 of the total. Second, it has the second smallest when ranked by value of homes built 2014 or later of all the other places in the surrounding region when ranked by value of homes built 2000 to 2009 at $65,600 of the total. Third, it has in the middle range of other places in the local area when ranked by value of homes built 1990 to 1999 at $110,400 of the total. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $130,500 of the total and is ranked #2. The only larger city being Mount Vernon with $153,000. In addition, it has one of the largest proportions of value of homes built 1970 to 1979 at $54,600 of the total and is ranked #3. Only #2 Stanford ($112,500), and #1 Berea ($114,800) are larger. Furthermore, it has the second smallest when sorted by value of homes built 2014 or later of all the other places in the greater region as measured by value of homes built 1960 to 1969 at $50,800 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 21% 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 Crab Orchard residents. it has a Owner-Household Size of 2.6 which is the second most of all the places in the area. The city with the highest homeowner household size in the area is Brodhead which shows a homeowner household size of 2.8 (7.6% larger).

Figure 37 shows the household size for renters. Crab Orchard shows it has a Renter-Household Size of 1.7 which is the second smallest in terms of renter household size of all the other places in the local area. The city with the highest renter household size in the area is Brodhead which shows a renter household sizes of 3.3 (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 in the middle range of other places in the local area at 14% of the total. Second, it has the largest proportion of owners moved in 2015 to 2018 at 33% of the total and is ranked #1. Third, it has less than most other places in the local area as measured by owners moved in 2000 to 2009 at 16% of the total. Also, it has the smallest proportion of owners moved in 1990 to 1999 at 10% of the total. Figure 39 shows the year that people who rent moved into the area. Crab Orchard has the percentage of renters moved in 2019 or later in the mid point range of other places in the metro area at 58% of the total. Second, it has one of the largest proportions of renters moved in 2015 to 2018 at 30% of the total and is ranked #2. The only larger city being Berea with 30%.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2007 which is the most of all places in the greater Crab Orchard region. Figure 41 compares the median year that renters moved into their home. Crab Orchard shows it has a Renter Median Year Moved In of 2016 which is the largest of all places in the local area.

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 7% of the total and is ranked #1. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 91% of the total and is ranked #3. Only #2 Mount Vernon (91%), and #1 McKinney CDP (100%) are larger.