Dexter CDP Kentucky Area Home Supply Charts

This page looks at a variety of Dexter 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. Dexter CDP indicates it has a Housing Units of 129 which is the second smallest as measured by housing units of all the other places in the greater region.

Figure 2 illustrates the housing density in the Dexter CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Dexter CDP shows it has a Housing Density of 234.5 which is less than most other places in the greater region. The place with the highest housing density in the area is Murray which depicts a density of 784.4 (approximately 3.3 times bigger). Comparing housing density to the United States average of 38.9, Dexter CDP is markedly bigger. Also, in comparison with the state of Kentucky, housing density of 50.4, Dexter CDP is approximately 4.7 times bigger.

In Figure 4, Dexter CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Dexter CDP depicts it has a Housing Unit Change of 1.6% which is in the center range of other places in the area. The place with the highest change in the housing units in the area is Murray which depicts a housing units of 8.6% ( considerably bigger). Comparing change in the housing units to the United States average of 5.7%, Dexter CDP is approximately a third the size. Also, compared to the state of Kentucky, change in the housing units of 2.9%, Dexter CDP is approximately half the size. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 100.0% which is ranked #1 of all places in the greater Dexter CDP region.

Dexter CDP Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Dexter CDP home price is illustrated for this community and a useful analysis of affordable housing. Dexter CDP shows it has a Median Home Value of $133,500 which is in the middle range of other places in the local area. The place with the highest median home price in the area is Murray which depicts a home price of $157,500 (18.0% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Dexter CDP has the percentage of home price worth less than $50,000 the second smallest in terms of home price worth less than $50,000 of all the other places in the greater region at 16% of the total. Second, it has the largest proportion of home price worth between $100,000 to $200,000 at 19% 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. Dexter CDP shows it has a Median Owner Cost of $875 which is the second most of all the places in the local area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Dexter CDP metro area. it has a Owner Cost as % of HH Income of 14% which is the second smallest in terms of cost as a percent of household income of all the 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. Dexter CDP shows it has a Median Home Value as Percent of Median Earnings of 263% which is in the center range of other places in the metropolitan area.

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.) Dexter CDP shows it has a Median Owner Costs-With Mortgage of $1,125 which is the third most median housing cost of all other places in the greater Dexter 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 $324 which is in the center range of 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. Dexter CDP has the largest proportion of owner cost less than $300 at 41% of the total and is ranked #1. Second, it has the second smallest in order of owner cost less than $300 of all the other places in the local area in order of owner cost between $300 and $500 at 7% of the total. Third, it has the second smallest when ranked by owner cost less than $300 of all the other places in the metro area when ranked by owner cost between $500 and $700 at 12% of the total. Also, it has the largest proportion of owner cost between $1,000 and $1,500 at 19% 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.) Dexter CDP shows it has a % of Income Owner Costs-With Mortgage of 20% which is the second most cost as a percent of household income of all the places in the greater Dexter CDP region. The place with the highest cost as a percent of household income in the area is Hardin which shows a cost as a percent of household income of 20% ( only slightly 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. Dexter CDP shows it has a % of Income Owner Costs-No Mortgage of 11% which is in the mid range of other places in the surrounding region. The place with the highest cost as a percent of household income in the area is Hazel which depicts a cost as a percent of household income of 16% (43.1% larger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Dexter CDP has the smallest proportion of housing cost between $500 and $700 at 12% of the total. Second, it has the largest proportion of housing cost between $1,000 and $1,500 at 19% 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 $1,074 which is in the mid point range of other places in the metro area. The place with the highest median real estate taxes paid in the area is Murray which shows a taxes paid of $1,350 (25.7% larger). Comparing median real estate taxes paid to the United States average of $2,471, Dexter CDP is approximately half the size. Also, compared with the state of Kentucky, median real estate taxes paid of $1,210, Dexter CDP is about 12.7% smaller.

Dexter CDP Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Dexter CDP has the largest proportion of with mortgage at 28% of the total and is ranked #1. Second, it has the largest proportion of 2nd mortgage at 28% of the total and is ranked #1. Third, it has the second smallest in terms of with mortgage of all the other places in the greater region when ranked by both 2nd mortgage and heloc at 38% of the total. Also, it has less than most other places in the local area when ranked by no 2nd mortgage and no heloc at 34% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Dexter CDP has the percentage of houses with mortgages less than most other places in the metro area at 34% of the total.

Dexter CDP Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.8 which is the smallest in order of family members per housing unit of all the other places in the local area. The place with the highest family members per housing unit in the area is Hazel which depicts a family members per housing unit of 3.8 (34.1% larger). Comparing family members per housing unit to the United States average of 3.3, Dexter CDP is about 18.7% smaller. Also, in contrast to the state of Kentucky, family members per housing unit of 3.1, Dexter CDP is about 12.3% 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 5.8 which is more than all other places in the greater Dexter CDP region. 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 1991 which is the second most year built of all the places in the greater Dexter CDP region. The place with the highest year built in the area is Symsonia CDP which shows a year built of 1992 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2013 at 36% of the total and is ranked #2. The only larger place being Symsonia CDP with 42%. Second, it has the smallest proportion of homes built between 1980 to 1989 at 7% of the total. Third, it has the second smallest as measured by homes built in 2014 or later of all the other places in the greater region when sorted by homes built between 1960 to 1969 at 6% of the total. Also, it has one of the largest proportions of homes built between 1940 to 1949 at 16% of the total and is ranked #2. The only larger place being Hardin with 23%.

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 $197,300 of the total and is ranked #3. Only #2 Murray ($199,000), and #1 Benton ($273,200) are larger.

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 sorted by occupied housing units of all the other places in the surrounding region at 12% 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 Dexter CDP residents. it has a Owner-Household Size of 2.6 which is the second most homeowner household size of all the places in the greater Dexter CDP region. The place with the highest homeowner household size in the area is Farmington CDP which depicts a homeowner household size of 3.2 (23.8% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2017 or later in the middle range of other places in the greater region at 9% of the total. Second, it has one of the largest proportions of owners moved in 2010 to 2014 at 52% of the total and is ranked #2. The only larger place being Farmington CDP with 54%. Third, it has the largest proportion of owners moved in 2000 to 2009 at 26% of the total and is ranked #1. Also, it has the second smallest when sorted by owners moved in 2017 or later of all the other places in the metro area when sorted by owners moved in 1990 to 1999 at 13% 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 1999 which is the smallest as measured by median year that a home owner moved in of all the other places in the 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 19% of the total and is ranked #1. Second, it has the second smallest in terms of homes using natural gas of all the other places in the metropolitan area in order of home using bottled, tank, or lp gas at 40% of the total. Third, it has the largest proportion of homes using coal or coke at 7% of the total and is ranked #1.