Maceo CDP Kentucky Area Home Supply Charts

This page looks at a variety of Maceo 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. Maceo CDP depicts it has a Housing Units of 166 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 Maceo CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Maceo CDP shows it has a Housing Density of 111.7 which is the smallest in terms of housing density of all the other places in the greater region. The place with the highest housing density in the area is Owensboro which depicts a density of 1365.5 ( substantially bigger). Comparing housing density to the United States average of 39.5, Maceo CDP is approximately 2.8 times bigger. Also, benchmarked against the state of Kentucky, housing density of 50.5, Maceo CDP is approximately 2.2 times bigger.

In Figure 4, Maceo CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Maceo CDP shows it has a Housing Unit Change of -1.2% which is less than most other places in the surrounding region. The place with the highest change in the housing units in the area is Richland which depicts a housing units of 15.5% ( very much bigger). Comparing change in the housing units to the United States average of 7.4%, Maceo CDP is about the same size. Also, compared to the state of Kentucky, change in the housing units of 3.2%, Maceo CDP is about the same size.

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.) Maceo CDP shows it has a Renter Percent of 23.5% which is the second smallest as measured by renter percent of all the other places in the area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 76.5% which is the second most owner percent of all the places in the greater Maceo CDP region.

Maceo CDP Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Maceo CDP home price is illustrated for this community and a useful analysis of affordable housing. Maceo CDP shows it has a Median Home Value of $56,200 which is the smallest when sorted by median home price of all the other places in the local area. The place with the highest median home price in the area is Owensboro which depicts a home price of $131,600 (approximately 2.3 times bigger). Figure 8 provides aggregate comparative data for the Maceo CDP Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Maceo CDP shows it has a Median Gross Rent of $670 which is the second smallest when ranked by rental rates of all the other places in the metro area. The place with the highest rental rates in the area is Richland which depicts a rental rates of $850 (26.9% larger). Comparing rental rates to the United States average of $1,163, Maceo CDP is approximately half the size. Also, versus the state of Kentucky, rental rates of $826, Maceo CDP is about 23.3% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Maceo CDP has one of the largest proportions of home price worth less than $50,000 at 43% of the total and is ranked #3. Only #2 Lewisport (46%), and #1 Chrisney (50%) are larger. Second, it has the smallest proportion of home price worth between $50,000 to $100,000 at 9% of the total. Third, it has the largest proportion of home price worth between $500,000 to $750,000 at 6% of the total and is ranked #1. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Maceo CDP metro area. it has a Owner Cost as % of HH Income of 21% which is ranked #1 of all places in the 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. Maceo CDP shows it has a Median Home Value as Percent of Median Earnings of 163% which is the smallest as measured by median home value as a percent of median worker earnings of all the other places in the metro 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.) Maceo CDP depicts it has a Median Owner Costs-With Mortgage of $1,111 which is the third most of all 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 $395 which is in the middle range of 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. Maceo CDP has the largest proportion of owner cost less than $300 at 52% of the total and is ranked #1. Second, it has the smallest proportion of owner cost between $500 and $700 at 2% of the total. Third, it has the largest proportion of owner cost between $1,500 and $2,000 at 10% 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.) Maceo CDP depicts it has a % of Income Owner Costs-With Mortgage of 31% which is the highest of all places in the greater Maceo CDP 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. Maceo CDP depicts it has a % of Income Owner Costs-No Mortgage of 20% which is the second most cost as a percent of household income of all the places in the greater Maceo CDP region. The place with the highest cost as a percent of household income in the area is Richland which shows a cost as a percent of household income of 20% (only about 3.6% 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.) Maceo CDP has the largest proportion of rent as a percent of income is less than 10 pct at 67% of the total and is ranked #1. Second, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 15% of the total and is ranked #2. The only larger place being Grandview with 24%. Third, it has in the mid range of other places in the metropolitan area when ranked by rent as a percent of income is between 40pct to 50pct at 18% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Maceo CDP has the largest proportion of housing cost less than $300 at 36% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $500 and $700 at 2% of the total. Third, it has the largest proportion of housing cost between $1,500 and $2,000 at 8% 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 $619 which is less than most other places in the greater region. The place with the highest median real estate taxes paid in the area is Owensboro which depicts a taxes paid of $1,353 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,690, Maceo CDP is approximately a quarter the size. Also, benchmarked against the state of Kentucky, median real estate taxes paid of $1,320, Maceo CDP is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Maceo CDP Kentucky has the largest proportion of rent between 300 and 500 dollars at 100% of the total and is ranked #1.

Maceo CDP Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Maceo CDP has the smallest proportion of With mortgage at 20% of the total. Second, it has the largest proportion of Primary Mortgage and HELOC at 3% of the total and is ranked #1. Third, it has the largest proportion of With HELOC no Primary Mortgage at 76% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Maceo CDP has the largest proportion of houses with mortgages at 76% of the total and is ranked #1.

Maceo CDP Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.7 which is the smallest as measured by family members per housing unit of all the other places in the greater region. The place with the highest family members per housing unit in the area is Rockport which depicts a family members per housing unit of 3.6 (30.8% larger). Comparing family members per housing unit to the United States average of 3.3, Maceo CDP is about 20.8% smaller. Also, benchmarked against the state of Kentucky, family members per housing unit of 3.2, Maceo CDP is about 16.2% 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 5.3 which is in the center range of other places in the local area. The place with the highest average number of rooms in a house in the area is Richland which shows an average number of rooms in a house of 5.9 (11.3% 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 1969 which is less than most other places in the metro area. The place with the highest year built in the area is Grandview which depicts a year built of 1979 ( 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 2019 less than most other places in the greater region at 4% of the total. Second, it has one of the largest proportions of homes built between 1980 to 1989 at 30% of the total and is ranked #2. The only larger place being Lewisport with 31%. Third, it has the largest proportion of homes built between 1950 to 1959 at 12% of the total and is ranked #1. Also, it has less than most other places in the metro area in terms of homes built between 1940 to 1949 at 10% 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 sorted by owner-occupied housing units of all the other places in the local area at 39 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 Maceo CDP residents. it has a Owner-Household Size of 2.3 which is the smallest in terms of homeowner household size of all the other places in the local area. The place with the highest homeowner household size in the area is Chrisney which depicts a homeowner household size of 2.9 (25.5% larger).

Figure 37 shows the household size for renters. Maceo CDP depicts it has a Renter-Household Size of 2.1 which is less than most other places in the local area. The place with the highest renter household size in the area is Lewisport which depicts a renter household sizes of 2.7 (30.0% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 36% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 6% of the total. Third, it has the largest proportion of owners moved in 1990 to 1999 at 25% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Maceo CDP has the largest proportion of renters moved in 2019 or later at 65% of the total and is ranked #1. Second, it has the second smallest when sorted by renters moved in 2019 or later of all the other places in the area in order of renters moved in 2015 to 2018 at 7% 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 2000 which is the second smallest in terms of median year that a home owner moved in of all the other places in the metro area. Figure 41 compares the median year that renters moved into their home. Maceo CDP shows it has a Renter Median Year Moved In of 2017 which is the second most median year that a renter moved in of all the places in the greater Maceo CDP 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 7% of the total.