Ford-Boonesborough CCD Kentucky Area Home Supply Charts

This page looks at a variety of Ford-Boonesborough CCD Kentucky housing market data taken from the most recent 2019 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. Ford-Boonesborough CCD depicts it has a housing units of 1,178 which is the second smallest as measured by housing units of all the other places in the metro area.

Figure 2 illustrates the housing density in the Ford-Boonesborough CCD housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Ford-Boonesborough CCD shows it has a housing density of 25.2 which is the smallest in order of housing density of all the other places in the surrounding region. The place with the highest housing density in the area is Winchester which shows a density of 928.9 ( considerably bigger). Comparing housing density to the United States average of 38.6, Ford-Boonesborough CCD is approximately three-fourths the size. Also, benchmarked against the state of Kentucky, housing density of 50.1, Ford-Boonesborough CCD is approximately half the size.

In Figure 4, Ford-Boonesborough CCD area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Ford-Boonesborough CCD shows it has a change in the housing units of 5.2% which is in the middle range of other places in the local area. The place with the highest change in the housing units in the area is Paris which shows a housing units of 9.8% (about twice as large). Comparing change in the housing units to the United States average of 4.9%, Ford-Boonesborough CCD is 6.1% larger. Also, compared to the state of Kentucky, change in the housing units of 2.5%, Ford-Boonesborough CCD is about twice as large.

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.) Ford-Boonesborough CCD shows it has a renter percent of 11.5% which is the smallest as measured by renter percent of all the other places in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 88.5% which is the most of all places in the greater Ford-Boonesborough CCD region.

Ford-Boonesborough CCD Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Ford-Boonesborough CCD home price is illustrated for this community and a useful analysis of affordable housing. Ford-Boonesborough CCD shows it has a median home price of $284,100 which is ranked #1 of all places in the greater Ford-Boonesborough CCD region.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Ford-Boonesborough CCD has the smallest proportion of home price worth between $50,000 to $100,000 at 7% of the total. Second, it has the smallest proportion of home price worth between $100,000 to $200,000 at 19% of the total. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 16% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $400,000 to $500,000 at 15% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $500,000 to $750,000 at 13% 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. Ford-Boonesborough CCD depicts it has a median ownership cost of $1,217 which is the largest of all places in the greater Ford-Boonesborough CCD region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Ford-Boonesborough CCD metro area. it has a cost as a percent of household income of 16% which is the second smallest when sorted by cost as a percent of household income of all the 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. Ford-Boonesborough CCD depicts it has a median home value as a percent of median worker earnings of 508% which is more than all other places in the greater Ford-Boonesborough CCD 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.) Ford-Boonesborough CCD shows it has a median housing cost of $2,039 which is more than all other places in the greater Ford-Boonesborough CCD 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 housing cost of $473 which is the largest of all places in the metro 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. Ford-Boonesborough CCD has one of the largest proportions of owner cost less than $300 at 11% of the total and is ranked #2. The only larger place being Paris with 15%. Second, it has the smallest proportion of owner cost between $300 and $500 at 5% of the total. Third, it has the smallest proportion of owner cost between $700 and $1,000 at 7% of the total. Also, it has the second smallest when sorted by owner cost less than $300 of all the other places in the metropolitan area when sorted by owner cost between $1,000 and $1,500 at 14% of the total. In addition, it has the largest proportion of owner cost between $1,500 and $2,000 at 15% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $2,000 and $2,500 at 19% of the total and is ranked #1. Next it has the largest proportion of owner cost between $2,500 and $3,000 at 3% of the total and is ranked #1. Additionally, it has the largest proportion of owner cost between $3,000 and $3,500 at 3% of the total and is ranked #1. And then, it has the largest proportion of owner cost between $3,500 and $4,000 at 2% of the total and is ranked #1. Also, it has the largest proportion of owner cost over $4,000 at 3% 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.) Ford-Boonesborough CCD depicts it has a cost as a percent of household income of 21% which is at the top of all other places in the greater Ford-Boonesborough CCD region. 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. Ford-Boonesborough CCD depicts it has a cost as a percent of household income of 9% which is in the mid range of other places in the greater region. The place with the highest cost as a percent of household income in the area is North Middletown which shows a cost as a percent of household income of 13% (43.3% 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.) Ford-Boonesborough CCD has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 5% of the total. Second, it has the smallest proportion of rent as a percent of income is over 50pct at 8% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Ford-Boonesborough CCD has the smallest proportion of housing cost between $500 and $700 at 10% of the total. Second, it has the smallest proportion of housing cost between $700 and $1,000 at 8% of the total. Third, it has the smallest proportion of housing cost between $1,000 and $1,500 at 14% of the total. Also, it has the largest proportion of housing cost between $1,500 and $2,000 at 13% of the total and is ranked #1. In addition, it has the largest proportion of housing cost between $2,000 and $2,500 at 17% of the total and is ranked #1. Furthermore, it has the largest proportion of housing cost between $2,500 and $3,000 at 3% of the total and is ranked #1. Next it has the largest proportion of housing cost over $3,000 at 7% 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 $2,165 which is more than all other places in the greater Ford-Boonesborough CCD region. Comparing median real estate taxes paid to the United States average of $2,375, Ford-Boonesborough CCD is about 9.7% smaller. Also, compared to the state of Kentucky, median real estate taxes paid of $1,166, Ford-Boonesborough CCD is about twice as large.

Figure 22 shows the percentage of renters who pay for utilities in Ford-Boonesborough CCD Kentucky. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Ford-Boonesborough CCD has the smallest proportion of pay extra for utilities at 60% of the total. Second, it has the largest proportion of utilities included in rent at 40% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Ford-Boonesborough CCD Kentucky has the smallest proportion of rent between 500 and 750 dollars at 12% of the total. Second, it has the smallest proportion of rent between 750 and 1000 dollars at 11% of the total.

Ford-Boonesborough CCD Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Ford-Boonesborough CCD has the smallest proportion of with mortgage at 56% of the total. Second, it has the largest proportion of 2nd mortgage or heloc-not both at 17% of the total and is ranked #1. Third, it has the smallest proportion of 2nd mortgage at 1% of the total. Also, it has the largest proportion of with heloc at 17% of the total and is ranked #1. In addition, it has the smallest proportion of no 2nd mortgage and no heloc at 38% of the total. Furthermore, it has the largest proportion of no mortgage at 44% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Ford-Boonesborough CCD has the smallest proportion of houses with mortgages at 56% of the total. Second, it has the largest proportion of houses without mortgages at 44% of the total and is ranked #1.

Ford-Boonesborough CCD Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 3.1 which is the smallest in terms of family members per housing unit of all the other places in the metro area. The place with the highest family members per housing unit in the area is North Middletown which indicates a family members per housing unit of 3.4 (11.1% larger). Comparing family members per housing unit to the United States average of 3.3, Ford-Boonesborough CCD is about 8.9% smaller. Also, in comparison with the state of Kentucky, family members per housing unit of 3.1, Ford-Boonesborough CCD is only about 2.8% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 6.8 which is the largest of all places in the greater Ford-Boonesborough CCD 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 year built of 1989 which is the highest of all places in the greater Ford-Boonesborough CCD region.

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 4% of the total and is ranked #2. The only larger place being Richmond with 5%. Second, it has the largest proportion of homes built between 2000 to 2009 at 28% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1980 to 1989 at 23% of the total and is ranked #1. Also, it has the second smallest when sorted by homes built in 2014 or later of all the other places in the metro area when sorted by homes built between 1970 to 1979 at 12% of the total. In addition, it has the smallest proportion of homes built between 1960 to 1969 at 2% of the total. Furthermore, it has the smallest proportion of homes built between 1950 to 1959 at 2% of the total. Next it has less than most other places in the local area as measured by homes built between 1940 to 1949 at 4% of the total. Additionally, it has in the middle range of other places in the metro area in terms of homes built between 1939 or earlier at 9% 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 the second smallest when ranked by owner-occupied housing units of all the other places in the greater region at 927 of the total. Second, it has the smallest proportion of renter housing units at 121 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 one unit detached at 87% of the total and is ranked #2. The only larger place being North Middletown with 88%. Second, it has the largest proportion of mobile home at 13% 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 the largest proportion of value of homes built 2000 to 2009 at $314,100 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 1990 to 1999 at $315,800 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1980 to 1989 at $269,000 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1970 to 1979 at $189,700 of the total and is ranked #1. In addition, it has the largest proportion of value of homes built 1960 to 1969 at $163,900 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1939 or earlier at $453,400 of the total and is ranked #1.

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 smallest proportion of occupied housing units at 89% of the total. Second, it has the largest proportion of vacant housing units at 11% 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 Ford-Boonesborough CCD residents. it has a homeowner household size of 2.7 which is the second most homeowner household size of all the places in the greater Ford-Boonesborough CCD region. The place with the highest homeowner household size in the area is North Middletown which depicts a homeowner household size of 2.8 (only about 4.1% larger).

Figure 37 shows the household size for renters. Ford-Boonesborough CCD shows it has a renter household size of 2.6 which is the third most of all other places in the metro area. The place with the highest renter household size in the area is North Middletown which shows a renter household sizes of 2.9 (12.1% larger). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2015 to 2016 at 4% of the total. Second, it has one of the largest proportions of owners moved in 2010 to 2014 at 23% of the total and is ranked #3. Only #2 Lexington-Fayette urban county (24%), and #1 Nicholasville (25%) are larger. Third, it has the largest proportion of owners moved in 2000 to 2009 at 43% of the total and is ranked #1. Also, it has the smallest proportion of owners moved in 1990 to 1999 at 12% of the total. Figure 39 shows the year that people who rent moved into the area. Ford-Boonesborough CCD has the percentage of renters moved in 2017 or later the second smallest as measured by renters moved in 2017 or later of all the other places in the local area at 5% of the total. Second, it has the smallest proportion of renters moved in 2015 to 2016 at 7% of the total. Third, it has the largest proportion of renters moved in 2010 to 2014 at 60% of the total and is ranked #1. Also, it has the largest proportion of renters moved in 2000 to 2009 at 24% of the total and is ranked #1. In addition, it has the largest proportion of renters moved in 1989 or earlier at 5% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 2003 which is less than most other places in the local area. Figure 41 compares the median year that renters moved into their home. Ford-Boonesborough CCD depicts it has a median year that a renter moved in of 2012 which is the smallest in terms of median year that a renter moved in of all the other places in the metropolitan area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of homes using natural gas at 12% of the total. Second, it has the largest proportion of home using bottled, tank, or lp gas at 11% of the total and is ranked #1. Third, it has one of the largest proportions of home using electricity at 74% of the total and is ranked #2. The only larger place being Richmond with 79%. Also, it has the largest proportion of homes using kerosene or other fuel oils at 0% of the total and is ranked #1. In addition, it has the largest proportion of homes using wood at 2% of the total and is ranked #1. Furthermore, it has the largest proportion of homes using some other fuel at 1% of the total and is ranked #1.