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 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. Dexter CDP shows it has a Housing Units of 73 which is the smallest when ranked 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 depicts it has a Housing Density of 132.7 which is the second smallest in order of housing density of all the other places in the local area. The place with the highest housing density in the area is Hazel which shows a density of 691.3 ( markedly bigger). Comparing housing density to the United States average of 39.5, Dexter CDP is approximately 3.4 times bigger. Also, measured against the state of Kentucky, housing density of 50.5, Dexter CDP is approximately 2.6 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 shows it has a Housing Unit Change of -42.5% which is the smallest when sorted by change in the housing units of all the other places in the local area. The place with the highest change in the housing units in the area is Benton which shows a housing units of 17.3% ( about the same size). Comparing change in the housing units to the United States average of 7.4%, Dexter CDP is substantially bigger. Also, measured against the state of Kentucky, change in the housing units of 3.2%, Dexter CDP is very much 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 largest of all places in the local area.

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 $103,600 which is in the center range of other places in the area. The place with the highest median home price in the area is Symsonia CDP which shows a home price of $169,800 (63.9% 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 in the mid range of other places in the local area at 33% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 56% 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 $814 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 15% which is less than most other places in the surrounding 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 340% which is the third most of all 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.) Dexter CDP shows it has a Median Owner Costs-With Mortgage of $852 which is less than most other places in the area.

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 one of the largest proportions of owner cost less than $300 at 34% of the total and is ranked #3. Only #2 Hardin (52%), and #1 Farmington CDP (82%) are larger. Second, it has the largest proportion of owner cost between $500 and $700 at 44% of the total and is ranked #1. Third, it has the second smallest in order of owner cost less than $300 of all the other places in the surrounding region in terms of owner cost between $700 and $1,000 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.) Dexter CDP depicts it has a % of Income Owner Costs-With Mortgage of 18% which is less than most other places in the metropolitan area. The place with the highest cost as a percent of household income in the area is Hazel which shows a cost as a percent of household income of 25% (38.1% larger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Dexter CDP has the largest proportion of housing cost between $500 and $700 at 44% 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 $764 which is in the mid point range of other places in the local area. The place with the highest median real estate taxes paid in the area is Murray which shows a taxes paid of $1,289 (68.7% larger). Comparing median real estate taxes paid to the United States average of $2,690, Dexter CDP is approximately a third the size. Also, in contrast to the state of Kentucky, median real estate taxes paid of $1,320, Dexter CDP is approximately half the size.

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 56% of the total and is ranked #1. Second, it has one of the largest proportions of Primary Mortgage with 2nd Mortgage and HELOC at 11% of the total and is ranked #2. The only larger place being Symsonia CDP with 11%. Third, it has the smallest proportion of With HELOC no Primary Mortgage at 33% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Dexter CDP has the smallest proportion of houses with mortgages at 33% 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 1.8 which is the smallest when ranked by family members per housing unit of all the other places in the metropolitan 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 3.4 (about twice as large). Comparing family members per housing unit to the United States average of 3.3, Dexter CDP is approximately half the size. Also, in contrast to the state of Kentucky, family members per housing unit of 3.2, Dexter CDP is approximately half the 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 6.0 which is at the top of all other places in the local area. 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 1979 which is in the mid point range of other places in the local area. The place with the highest year built in the area is Symsonia CDP which depicts a year built of 2001 ( only slightly larger).

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 1990 to 1999 at 49% of the total and is ranked #1. Second, it has one of the largest proportions of homes built between 1940 to 1949 at 14% of the total and is ranked #3. Only #2 Farmington CDP (16%), and #1 Hardin (24%) are larger.

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 1990 to 1999 at $110,300 of the total and is ranked #3. Only #2 Benton ($152,000), and #1 Murray ($182,900) 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 Dexter CDP residents. it has a Owner-Household Size of 1.7 which is less than most other places in the metro area. The place with the highest homeowner household size in the area is Murray which shows a homeowner household size of 2.4 (44.4% larger). 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 2019 or later at 26% of the total and is ranked #3. Only #2 Hazel (27%), and #1 Hardin (36%) are larger. Second, it has the second smallest when ranked by owners moved in 2019 or later of all the other places in the greater region as measured by owners moved in 2010 to 2014 at 19% of the total. Third, it has the largest proportion of owners moved in 1990 to 1999 at 55% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 1989 which is the smallest in order of median year that a home owner moved in of all the other places in the metro area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using bottled, tank, or lp gas at 12% of the total. Second, it has the largest proportion of homes using coal or coke at 16% of the total and is ranked #1.