Kenton Vale Kentucky Area Home Supply Charts

This page looks at a variety of Kenton Vale 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. Kenton Vale shows it has a Housing Units of 56 which is the smallest when ranked by housing units of all the other places in the area.

Figure 2 illustrates the housing density in the Kenton Vale housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Kenton Vale depicts it has a Housing Density of 1079.5 which is less than most other places in the surrounding region. The city with the highest housing density in the area is Park Hills which shows a density of 1783.9 (65.3% larger). Comparing housing density to the United States average of 39.2, Kenton Vale is substantially bigger. Also, compared to the state of Kentucky, housing density of 50.6, Kenton Vale is markedly bigger.

In Figure 4, Kenton Vale area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Kenton Vale depicts it has a Housing Unit Change of 9.8% which is the second most housing units of all the places in the greater Kenton Vale region. The city with the highest change in the housing units in the area is Wilder which shows a housing units of 18.1% (about twice as large). Comparing change in the housing units to the United States average of 6.5%, Kenton Vale is 51.9% larger. Also, measured against the state of Kentucky, change in the housing units of 3.5%, Kenton Vale is approximately 2.8 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.) Kenton Vale shows it has a Renter Percent of 20.0% which is the smallest when ranked by renter percent of all the 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 80.0% which is the highest of all places in the greater Kenton Vale region.

Kenton Vale Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Kenton Vale home price is illustrated for this community and a useful analysis of affordable housing. Kenton Vale shows it has a Median Home Value of $111,100 which is the second smallest when ranked by median home price of all the other places in the area. The city with the highest median home price in the area is Fort Mitchell which depicts a home price of $279,400 (approximately 2.5 times bigger). Figure 8 provides aggregate comparative data for the Kenton Vale Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Kenton Vale shows it has a Median Gross Rent of $864 which is in the middle range of other places in the metro area. The city with the highest rental rates in the area is Wilder which shows a rental rates of $991 (14.7% larger). Comparing rental rates to the United States average of $1,096, Kenton Vale is approximately three-fourths the size. Also, in contrast to the state of Kentucky, rental rates of $783, Kenton Vale is 10.3% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Kenton Vale has one of the largest proportions of home price worth less than $50,000 at 41% of the total and is ranked #2. The only larger city being Wilder with 45%. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 52% of the total and is ranked #1. Third, it has the smallest proportion of home price worth between $100,000 to $200,000 at 7% 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. Kenton Vale shows it has a Median Owner Cost of $650 which is the smallest as measured by median ownership cost of all the other places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Kenton Vale metro area. it has a Owner Cost as % of HH Income of 21% which is at the top of all other places in the greater Kenton Vale 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. Kenton Vale shows it has a Median Home Value as Percent of Median Earnings of 361% which is in the middle range of 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.) Kenton Vale depicts it has a Median Owner Costs-With Mortgage of $850 which is the smallest as measured by median housing cost of all the other places in the 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 $519 which is the third most of all other places in the local 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. Kenton Vale has the largest proportion of owner cost between $300 and $500 at 32% of the total and is ranked #1. Second, it has one of the largest proportions of owner cost between $500 and $700 at 36% of the total and is ranked #2. The only larger city being Wilder with 46%. Third, it has the smallest proportion of owner cost between $700 and $1,000 at 7% of the total. Also, it has the smallest proportion of owner cost between $1,000 and $1,500 at 5% 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.) Kenton Vale shows it has a % of Income Owner Costs-With Mortgage of 22% which is more than all other places in the greater Kenton Vale 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. Kenton Vale depicts it has a % of Income Owner Costs-No Mortgage of 16% which is the second most cost as a percent of household income of all the places in the greater Kenton Vale region. The city with the highest cost as a percent of household income in the area is Park Hills which shows a cost as a percent of household income of 18% (8.0% 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.) Kenton Vale has the largest proportion of rent as a percent of income is between 10pct to 20pct at 45% of the total and is ranked #1. Second, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 45% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Kenton Vale has the largest proportion of housing cost between $300 and $500 at 25% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $500 and $700 at 44% of the total and is ranked #1. Third, it has the smallest proportion of housing cost between $700 and $1,000 at 11% of the total. Also, it has the smallest proportion of housing cost between $1,000 and $1,500 at 4% 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 $1,167 which is the smallest when sorted by median real estate taxes paid of all the other places in the local area. The city with the highest median real estate taxes paid in the area is Fort Mitchell which shows a taxes paid of $3,480 (approximately 3.0 times bigger). Comparing median real estate taxes paid to the United States average of $2,551, Kenton Vale is approximately half the size. Also, benchmarked against the state of Kentucky, median real estate taxes paid of $1,252, Kenton Vale is about 7.3% smaller.

Figure 23 shows the rental rate distribution for this area. Kenton Vale Kentucky has the largest proportion of rent between 500 and 750 dollars at 73% of the total and is ranked #1.

Kenton Vale Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Kenton Vale has the smallest proportion of With mortgage at 41% of the total. Second, it has the largest proportion of No 2nd Mortgage or HELOC at 20% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 20% of the total and is ranked #1. Also, it has the largest proportion of With HELOC no Primary Mortgage at 39% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Kenton Vale has the largest proportion of houses with mortgages at 39% of the total and is ranked #1.

Kenton Vale 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 terms of family members per housing unit of all the other places in the surrounding region. The city with the highest family members per housing unit in the area is Fort Wright which shows a family members per housing unit of 3.3 (17.6% larger). Comparing family members per housing unit to the United States average of 3.3, Kenton Vale is about 17.0% smaller. Also, measured against the state of Kentucky, family members per housing unit of 3.1, Kenton Vale is about 11.0% 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 the third most of all other places in the metro area. The city with the highest average number of rooms in a house in the area is Fort Wright which depicts an average number of rooms in a house of 6.2 (6.9% 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 1947 which is the second smallest when ranked by year built of all the other places in the metro area. The city with the highest year built in the area is Wilder which depicts a year built of 1993 ( only slightly larger).

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 2000 to 2009 in the mid point range of other places in the local area at 9% of the total. Second, it has the smallest proportion of homes built between 1990 to 1999 at 5% of the total. Third, it has the second smallest in terms of homes built in 2014 or later of all the other places in the local area in terms of homes built between 1980 to 1989 at 2% of the total. Also, it has the largest proportion of homes built between 1950 to 1959 at 39% of the total and is ranked #1.

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 smallest proportion of owner housing units at 11 of the total.

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 1970 to 1979 the second smallest as measured by value of homes built 2014 or later of all the other places in the local area at $106,300 of the total. Second, it has less than most other places in the surrounding region in order of value of homes built 1950 to 1959 at $120,800 of the total. Third, it has the second smallest when ranked by value of homes built 2014 or later of all the other places in the local area when sorted by value of homes built 1940 to 1949 at $97,500 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. has the smallest proportion of occupied housing units at 2% 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 Kenton Vale residents. it has a Owner-Household Size of 2.2 which is the second smallest when ranked by homeowner household size of all the other places in the metropolitan area. The city with the highest homeowner household size in the area is Fort Mitchell which depicts a homeowner household size of 2.9 (31.7% larger).

Figure 37 shows the household size for renters. Kenton Vale shows it has a Renter-Household Size of 3.5 which is the largest of all places in the greater Kenton Vale region. 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 27% of the total and is ranked #3. Only #2 Southgate (28%), and #1 Park Hills (38%) are larger. Second, it has one of the largest proportions of owners moved in 2015 to 2018 at 23% of the total and is ranked #2. The only larger city being Southgate with 23%. Third, it has the smallest proportion of owners moved in 2010 to 2014 at 8% of the total. Also, it has the largest proportion of owners moved in 2000 to 2009 at 38% of the total and is ranked #1. In addition, it has the smallest proportion of owners moved in 1990 to 1999 at 4% of the total. Figure 39 shows the year that people who rent moved into the area. Kenton Vale has the smallest proportion of renters moved in 2019 or later at 8% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 82% 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 2011 which is the second most median year that a home owner moved in of all the places in the greater Kenton Vale region. Figure 41 compares the median year that renters moved into their home. Kenton Vale depicts it has a Renter Median Year 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 surrounding region.

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 11% of the total.