McCracken County Area Home Supply Charts

This page looks at a variety of McCracken County 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. McCracken County shows it has a Housing Units of 32,237 which is the largest of all counties in the greater McCracken County region.

Figure 2 illustrates the housing density in the McCracken County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) McCracken County depicts it has a Housing Density of 129.6 which is more than all other counties in the greater McCracken County region. Comparing housing density to the United States average of 39.2, McCracken County is approximately 3.3 times bigger. Also, in comparison with the state of Kentucky, housing density of 50.6, McCracken County is approximately 2.6 times bigger.

In Figure 4, McCracken County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. McCracken County shows it has a Housing Unit Change of 3.7% which is the most of all counties in the greater McCracken County region. Comparing change in the housing units to the United States average of 6.5%, McCracken County is approximately half the size. Also, measured against the state of Kentucky, change in the housing units of 3.5%, McCracken County is 6.6% larger.

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.) McCracken County depicts it has a Renter Percent of 35.5% which is the highest of all counties in the greater McCracken County region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 64.5% which is the smallest in terms of owner percent of all the other counties in the surrounding region.

McCracken County Home Cost Charts

Looking at the housing data provided in Figure 7, the average McCracken County home price is illustrated for this community and a useful analysis of affordable housing. McCracken County depicts it has a Median Home Value of $145,200 which is the largest of all counties in the greater McCracken County region. Figure 8 provides aggregate comparative data for the McCracken County Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. McCracken County depicts it has a Median Gross Rent of $744 which is the highest of all counties in the greater McCracken County region. Comparing rental rates to the United States average of $1,096, McCracken County is approximately three-fourths the size. Also, benchmarked against the state of Kentucky, rental rates of $783, McCracken County is only about 5.2% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. McCracken County has the smallest proportion of home price worth less than $50,000 at 19% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 39% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 3% 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. McCracken County shows it has a Median Owner Cost of $699 which is more than all other counties 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 McCracken County metro area. it has a Owner Cost as % of HH Income of 14% which is in the mid range of other counties 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. McCracken County depicts it has a Median Home Value as Percent of Median Earnings of 346% which is the most of all counties in the greater McCracken County 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.) McCracken County depicts it has a Median Owner Costs-With Mortgage of $1,146 which is at the top of all other counties in the local 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 $394 which is the second most median housing cost of all the counties in the greater McCracken County 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. McCracken County has the percentage of owner cost less than $300 in the mid range of other counties in the local area at 25% of the total. Second, it has the smallest proportion of owner cost between $500 and $700 at 15% of the total. Third, it has the largest proportion of owner cost between $700 and $1,000 at 19% of the total and is ranked #1. Also, it has the largest proportion of owner cost between $2,000 and $2,500 at 3% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $3,500 and $4,000 at 0% 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.) McCracken County shows it has a % of Income Owner Costs-With Mortgage of 19% which is the third most cost as a percent of household income of all other counties in the greater McCracken County region. The county with the highest cost as a percent of household income in the area is Massac County which shows a cost as a percent of household income of 20% (only about 4.6% 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. McCracken County indicates it has a % of Income Owner Costs-No Mortgage of 9% which is less than most other counties in the greater region. The county with the highest cost as a percent of household income in the area is Graves County which shows a cost as a percent of household income of 11% (25.6% 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.) McCracken County has one of the largest proportions of rent as a percent of income is less than 10 pct at 24% of the total and is ranked #2. The only larger county being Ballard County with 39%. Second, it has the largest proportion of rent as a percent of income is between 10pct to 20pct at 21% of the total and is ranked #1. Third, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 19% of the total and is ranked #3. Only #2 Marshall County (20%), and #1 Massac County (23%) are larger.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. McCracken County has the smallest proportion of housing cost less than $300 at 19% of the total. Second, it has the largest proportion of housing cost between $500 and $700 at 25% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $2,000 and $2,500 at 2% 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 $1,084 which is the third most median real estate taxes paid of all other counties in the greater McCracken County region. The county with the highest median real estate taxes paid in the area is Massac County which depicts a taxes paid of $1,422 (31.2% larger). Comparing median real estate taxes paid to the United States average of $2,551, McCracken County is approximately half the size. Also, benchmarked against the state of Kentucky, median real estate taxes paid of $1,252, McCracken County is about 15.5% smaller.

Figure 22 shows the percentage of renters who pay for utilities in McCracken County 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. McCracken County has the largest proportion of pay extra for utilities at 14% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. McCracken County Kentucky has the largest proportion of rent between 500 and 750 dollars at 34% of the total and is ranked #1. Second, it has the largest proportion of rent between $2,500 and $3,500 at 2% of the total and is ranked #1.

McCracken County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. McCracken County has the largest proportion of With mortgage at 46% of the total and is ranked #1. Second, it has the largest proportion of No 2nd Mortgage or HELOC at 7% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 6% of the total and is ranked #1. Also, it has the smallest proportion of With HELOC no Primary Mortgage at 47% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. McCracken County has the smallest proportion of houses with mortgages at 47% of the total.

McCracken County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.0 which is less than most other counties in the metro area. The county with the highest family members per housing unit in the area is Graves County which shows a family members per housing unit of 3.3 (8.9% larger). Comparing family members per housing unit to the United States average of 3.3, McCracken County is about 9.5% smaller. Also, in contrast to the state of Kentucky, family members per housing unit of 3.1, McCracken County is only about 3.9% 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 5.2 which is the second smallest as measured by average number of rooms in a house of all the other counties in the area. The county with the highest average number of rooms in a house in the area is Livingston County which depicts an average number of rooms in a house of 5.6 (7.7% 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 1978 which is the third most year built of all other counties in the greater McCracken County region. The county with the highest year built in the area is Marshall County which depicts a year built of 1982 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built between 2000 to 2009 at 14% of the total. Second, it has the largest proportion of homes built between 1990 to 1999 at 16% of the total and is ranked #1. Third, it has one of the largest proportions of homes built between 1940 to 1949 at 10% of the total and is ranked #3. Only #2 Massac County (10%), and #1 Carlisle County (12%) are larger.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has the largest proportion of owner housing units at 9,857 of the total and is ranked #1.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit detached at 2% of the total and is ranked #1. Second, it has the largest proportion of one unit attached at 4% of the total and is ranked #1. Third, it has the largest proportion of 2 units at 7% of the total and is ranked #1. Also, it has the largest proportion of 3 or 4 units at 6% of the total and is ranked #1. In addition, it has the largest proportion of 20 to 49 units at 3% of the total and is ranked #1. Furthermore, it has the smallest proportion of 50 or more units at 9% of the total.

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 2014 or later at $252,700 of the total and is ranked #2. The only larger county being Livingston County with $261,800. Second, it has the largest proportion of value of homes built 2010 to 2013 at $221,000 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 2000 to 2009 at $168,600 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1990 to 1999 at $147,400 of the total and is ranked #2. The only larger county being Marshall County with $168,800. In addition, it has the largest proportion of value of homes built 1980 to 1989 at $145,900 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1970 to 1979 at $137,300 of the total and is ranked #1. Next it has in the center range of other counties in the surrounding region as measured by value of homes built 1960 to 1969 at $89,800 of the total. Additionally, it has one of the largest proportions of value of homes built 1950 to 1959 at $89,100 of the total and is ranked #3. Only #2 Marshall County ($89,600), and #1 Ballard County ($106,300) are larger. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $131,600 of the total and is ranked #2. The only larger county being Ballard County with $141,100.

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 14% 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 McCracken County residents. it has a Owner-Household Size of 2.5 which is in the center range of other counties in the metropolitan area. The county with the highest homeowner household size in the area is Ballard County which depicts a homeowner household size of 2.6 (only about 5.7% larger).

Figure 37 shows the household size for renters. McCracken County depicts it has a Renter-Household Size of 2.0 which is the smallest when sorted by renter household size of all the other counties in the metro area. The county with the highest renter household size in the area is Livingston County which depicts a renter household sizes of 2.6 (26.6% 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 20% of the total and is ranked #2. The only larger county being Marshall County with 21%. Figure 39 shows the year that people who rent moved into the area. McCracken County has one of the largest proportions of renters moved in 2019 or later at 55% of the total and is ranked #2. The only larger county being Massac County with 62%.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is the second most median year that a home owner moved in of all the counties in the greater McCracken County region. Figure 41 compares the median year that renters moved into their home. McCracken County shows it has a Renter Median Year Moved In of 2016 which is the highest of all counties in the greater McCracken County region.

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 6% of the total. Second, it has the smallest proportion of homes using coal or coke at 0% of the total. Third, it has less than most other counties in the local area as measured by homes using solar energy at 0% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the McCracken County housing department, Kentucky department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. McCracken County shows it has a Total In Group Quarters of 1,402 which is the highest of all counties in the greater McCracken County region.