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 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. Crab Orchard depicts it has a Housing Units of 471 which is the second smallest when sorted by housing units of all the other places in the greater region.

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 shows it has a Housing Density of 269.8 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 741.9 (approximately 2.7 times bigger). Comparing housing density to the United States average of 38.9, Crab Orchard is considerably bigger. Also, benchmarked against the state of Kentucky, housing density of 50.4, Crab Orchard is markedly 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 11.9% which is more than all other places in the metro area. Comparing change in the housing units to the United States average of 5.7%, Crab Orchard is about twice as large. Also, measured against the state of Kentucky, change in the housing units of 2.9%, Crab Orchard is approximately 4.0 times 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.) Crab Orchard depicts it has a Renter Percent of 36.0% which is the second smallest when ranked by renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 64.0% which is the second most owner percent of all the places in the greater Crab Orchard region.

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 $71,700 which is the second smallest when sorted by median home price of all the other places in the metropolitan area. The city with the highest median home price in the area is Berea which depicts a home price of $139,300 (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 shows it has a Median Gross Rent of $398 which is the second smallest in order of rental rates of all the other places in the greater region. The city with the highest rental rates in the area is Berea which shows a rental rates of $715 (79.6% larger). Comparing rental rates to the United States average of $1,062, Crab Orchard is approximately a third the size. Also, in contrast to the state of Kentucky, rental rates of $763, 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 one of the largest proportions of home price worth less than $50,000 at 45% of the total and is ranked #3. Only #2 Lancaster (52%), and #1 Brodhead (53%) are larger.

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 shows it has a Median Owner Cost of $497 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 mid point range of other places in the local 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. Crab Orchard shows it has a Median Home Value as Percent of Median Earnings of 207% which is the second smallest as measured by median home value as a percent of median worker earnings of all the other places in the surrounding 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 depicts it has a Median Owner Costs-With Mortgage of $775 which is the second smallest in order of median housing cost of all the other places in the metropolitan 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 $278 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. Crab Orchard has one of the largest proportions of owner cost less than $300 at 26% of the total and is ranked #3. Only #2 Mount Vernon (30%), and #1 Lancaster (37%) are larger. Second, it has one of the largest proportions of owner cost between $300 and $500 at 19% of the total and is ranked #2. The only larger city being Brodhead with 20%.

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 17% which is less than most other places in the local area. The city with the highest cost as a percent of household income in the area is Brodhead which depicts a cost as a percent of household income of 24% (35.1% 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 second most cost as a percent of household income of all the places in the greater Crab Orchard region. The city with the highest cost as a percent of household income in the area is Brodhead which depicts a cost as a percent of household income of 14% ( only slightly 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 one of the largest proportions of rent as a percent of income is less than 10 pct at 20% of the total and is ranked #2. The only larger city being Berea with 28%. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 28% of the total and is ranked #2. The only larger city being Lancaster with 31%. Third, it has less than most other places in the local area as measured by rent as a percent of income is between 40pct to 50pct at 14% of the total.

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 $486 which is the second smallest as measured by median real estate taxes paid of all the other places in the metro area. The city with the highest median real estate taxes paid in the area is Berea which depicts a taxes paid of $1,219 (approximately 2.5 times bigger). Comparing median real estate taxes paid to the United States average of $2,471, Crab Orchard is approximately a fifth the size. Also, compared to the state of Kentucky, median real estate taxes paid of $1,210, Crab Orchard is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Crab Orchard Kentucky has one of the largest proportions of rent less than 300 dollars at 22% of the total and is ranked #2. The only larger city being Mount Vernon with 23%. Second, it has the second smallest in terms of rent less than 300 dollars of all the other places in the greater region as measured by rent between 500 and 750 dollars at 1% 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 one of the largest proportions of both 2nd mortgage and heloc at 47% of the total and is ranked #3. Only #2 Lancaster (51%), and #1 Berea (55%) 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 2.8 which is the second smallest as measured by family members per housing unit of all the other places in the local area. The city with the highest family members per housing unit in the area is Brodhead which depicts a family members per housing unit of 3.4 (22.9% larger). Comparing family members per housing unit to the United States average of 3.3, Crab Orchard is about 20.3% smaller. Also, benchmarked against the state of Kentucky, family members per housing unit of 3.1, Crab Orchard is about 13.8% 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 4.9 which is less than most other places in the metropolitan area. The city with the highest average number of rooms in a house in the area is Stanford which shows an average number of rooms in a house of 5.9 (20.4% 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 1977 which is the second smallest as measured by year built of all the other places in the metro area. The city with the highest year built in the area is Berea 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 less than most other places in the area at 10% of the total. Second, it has less than most other places in the greater region as measured by homes built between 2000 to 2009 at 17% of the total. Third, it has the largest proportion of homes built between 1960 to 1969 at 10% of the total and is ranked #1. Also, it has one of the largest proportions of homes built between 1940 to 1949 at 15% of the total and is ranked #2. The only larger city being Stanford with 16%.

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 as measured by owner-occupied housing units of all the other places in the greater region at 139 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 2 units at 11% 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 in the intermediate range of other places in the surrounding region at $49,100 of the total. Second, it has the second smallest when sorted by value of homes built 2014 or later of all the other places in the surrounding region as measured by value of homes built 2000 to 2009 at $63,300 of the total. Third, it has in the center range of other places in the local area as measured 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 $116,300 of the total and is ranked #2. The only larger city being Berea with $131,600. In addition, it has less than most other places in the metropolitan area as measured by value of homes built 1970 to 1979 at $53,900 of the total. Furthermore, it has less than most other places in the local area when ranked by value of homes built 1960 to 1969 at $65,000 of the total. Next it has in the mid point range of other places in the surrounding region in order of value of homes built 1940 to 1949 at $64,500 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 18% of the total and is ranked #3. Only #2 Mount Vernon (20%), and #1 Brodhead (21%) are larger.

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 2.3 which is in the middle range of other places in the local area. The city with the highest homeowner household size in the area is Mount Vernon which depicts a homeowner household size of 2.7 (17.7% larger).

Figure 37 shows the household size for renters. Crab Orchard depicts it has a Renter-Household Size of 1.7 which is the smallest when ranked by 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 depicts a renter household sizes of 3.2 (about twice as large). Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2015 to 2016 at 22% of the total and is ranked #3. Only #2 Mount Vernon (24%), and #1 Berea (27%) are larger. Second, it has the largest proportion of owners moved in 2010 to 2014 at 43% of the total and is ranked #1. Third, it has less than most other places in the metro area when ranked by owners moved in 2000 to 2009 at 14% 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 2017 or later less than most other places in the greater region at 31% of the total. Second, it has one of the largest proportions of renters moved in 2015 to 2016 at 37% of the total and is ranked #3. Only #2 Brodhead (39%), and #1 McKinney CDP (100%) are larger.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2005 which is the second most median year that a home owner moved in of all the places in the greater Crab Orchard region. Figure 41 compares the median year that renters moved into their home. Crab Orchard depicts it has a Renter Median Year Moved In of 2015 which is the second most median year that a renter moved in of all the places in the greater Crab Orchard 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 9% of the total and is ranked #1. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 90% of the total and is ranked #2. The only larger city being McKinney CDP with 100%. Third, it has less than most other places in the area in terms of homes using coal or coke at 1% of the total.