Mount Olivet CCD Kentucky Area Home Supply Charts

This page looks at a variety of Mount Olivet 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. Mount Olivet CCD indicates it has a housing units of 1,132 which is ranked #1 of all places in the greater Mount Olivet CCD region.

Figure 2 illustrates the housing density in the Mount Olivet CCD housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Mount Olivet CCD shows it has a housing density of 11.3 which is the 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 Brooksville which depicts a density of 699.7 ( appreciably bigger). Comparing housing density to the United States average of 38.6, Mount Olivet CCD is approximately a third the size. Also, versus the state of Kentucky, housing density of 50.1, Mount Olivet CCD is approximately a quarter the size.

In Figure 4, Mount Olivet CCD area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Mount Olivet CCD depicts it has a change in the housing units of 3.4% which is less than most other places in the local area. The place with the highest change in the housing units in the area is Mount Olivet which shows a housing units of 68.9% ( appreciably bigger). Comparing change in the housing units to the United States average of 4.9%, Mount Olivet CCD is approximately three-fourths the size. Also, in comparison with the state of Kentucky, change in the housing units of 2.5%, Mount Olivet CCD is 37.8% 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.) Mount Olivet CCD shows it has a renter percent of 21.2% which is less than most other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 78.8% which is the third most owner percent of all other places in the greater Mount Olivet CCD region.

Mount Olivet CCD Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Mount Olivet CCD home price is illustrated for this community and a useful analysis of affordable housing. Mount Olivet CCD shows it has a median home price of $100,100 which is is the uppermost of the places in the greater Mount Olivet CCD region. Figure 8 provides aggregate comparative data for the Mount Olivet CCD Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Mount Olivet CCD indicates it has a rental rates of $488 which is in the center range of other places in the local area. The place with the highest rental rates in the area is Germantown which depicts a rental rates of $933 (about twice as large). Comparing rental rates to the United States average of $1,023, Mount Olivet CCD is approximately half the size. Also, versus the state of Kentucky, rental rates of $741, Mount Olivet CCD is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Mount Olivet CCD has the percentage of home price worth less than $50,000 less than most other places in the local area at 13% of the total. Second, it has the second smallest in order of home price worth less than $50,000 of all the other places in the metro area in terms of home price worth between $50,000 to $100,000 at 37% of the total. Third, it has the largest proportion of home price worth between $200,000 to $300,000 at 13% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 1% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 1% of the total and is ranked #1. Furthermore, it has the largest proportion of home price worth $2,000,000 or more at 1% 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. Mount Olivet CCD shows it has a median ownership cost of $474 which is the second smallest when sorted by median ownership cost of all the other places in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Mount Olivet CCD metro area. it has a cost as a percent of household income of 17% which is in the center range of other 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. Mount Olivet CCD shows it has a median home value as a percent of median worker earnings of 205% which is the third most median home value as a percent of median worker earnings of all other places in the greater Mount Olivet 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.) Mount Olivet CCD shows it has a median housing cost of $1,122 which is the second most median housing cost of all the places in the greater Mount Olivet 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 $324 which is the third most median housing cost of all other places in the greater Mount Olivet CCD 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. Mount Olivet CCD has the percentage of owner cost less than $300 less than most other places in the local area at 22% of the total. Second, it has one of the largest proportions of owner cost between $300 and $500 at 41% of the total and is ranked #2. The only larger place being Brooksville with 42%. Third, it has the second smallest when ranked by owner cost less than $300 of all the other places in the local area in terms of owner cost between $500 and $700 at 10% of the total. Also, it has less than most other places in the greater region in terms of owner cost between $700 and $1,000 at 11% of the total. In addition, it has the largest proportion of owner cost over $4,000 at 1% 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.) Mount Olivet CCD depicts it has a cost as a percent of household income of 21% which is the second most cost as a percent of household income of all the places in the greater Mount Olivet CCD region. The place with the highest cost as a percent of household income in the area is Mount Olivet which depicts a cost as a percent of household income of 33% (59.1% 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. Mount Olivet CCD depicts it has a cost as a percent of household income of 12% which is the second smallest when sorted by cost as a percent of household income of all the other places in the area. The place with the highest cost as a percent of household income in the area is Sardis which depicts a cost as a percent of household income of 19% (54.5% 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.) Mount Olivet CCD has the largest proportion of rent as a percent of income is between 10pct to 20pct at 35% of the total and is ranked #1. Second, it has in the middle range of other places in the greater region when sorted by rent as a percent of income is between 30pct to 40pct at 10% of the total. Third, it has less than most other places in the metro area when sorted by rent as a percent of income is between 40pct to 50pct at 4% of the total. Also, it has less than most other places in the greater region in order of rent as a percent of income is over 50pct at 18% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Mount Olivet CCD has the largest proportion of housing cost between $300 and $500 at 32% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $1,500 and $2,000 at 8% of the total and is ranked #1. Third, it has the largest proportion of housing cost over $3,000 at 1% 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 $805 which is the second most of all the places in the local area. The place with the highest median real estate taxes paid in the area is Mount Olivet which depicts a taxes paid of $900 (11.8% larger). Comparing median real estate taxes paid to the United States average of $2,375, Mount Olivet CCD is approximately a third the size. Also, compared to the state of Kentucky, median real estate taxes paid of $1,166, Mount Olivet CCD is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Mount Olivet 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. Mount Olivet CCD has the percentage of pay extra for utilities less than most other places in the surrounding region at 97% of the total.

Figure 23 shows the rental rate distribution for this area. Mount Olivet CCD Kentucky has the largest proportion of rent between 300 and 500 dollars at 34% of the total and is ranked #1. Second, it has one of the largest proportions of rent between 500 and 750 dollars at 43% of the total and is ranked #2. The only larger place being Sardis with 71%.

Mount Olivet CCD Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Mount Olivet CCD has the largest proportion of both 2nd mortgage and heloc at 2% of the total and is ranked #1. Second, it has one of the largest proportions of no mortgage at 55% of the total and is ranked #2. The only larger place being Mount Olivet with 65%.

Mount Olivet 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 3.0 which is less than most other places in the metro area. The place with the highest family members per housing unit in the area is Mount Olivet which shows a family members per housing unit of 4.1 (34.4% larger). Comparing family members per housing unit to the United States average of 3.3, Mount Olivet CCD is about 9.6% smaller. Also, measured against the state of Kentucky, family members per housing unit of 3.1, Mount Olivet CCD is only about 3.5% 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 5.8 which is the second most average number of rooms in a house of all the places in the greater Mount Olivet CCD region. The place with the highest average number of rooms in a house in the area is Ewing 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 year built of 1966 which is the second most year built of all the places in the greater Mount Olivet CCD region. The place with the highest year built in the area is Mays Lick CDP which shows a year built of 1973 ( about the same size).

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 in 2014 or later at 1% of the total and is ranked #1. Second, it has the largest proportion of homes built between 2010 to 2013 at 5% of the total and is ranked #1. Third, it has one of the largest proportions of homes built between 2000 to 2009 at 14% of the total and is ranked #3. Only #2 Sardis (17%), and #1 Germantown (19%) are larger. Also, it has less than most other places in the metro area when sorted by homes built between 1950 to 1959 at 6% of the total. In addition, it has one of the largest proportions of homes built between 1940 to 1949 at 5% of the total and is ranked #2. The only larger place being Mount Olivet with 7%. Furthermore, it has in the mid range of other places in the greater region in order of homes built between 1939 or earlier at 34% 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. it has the largest proportion of owner housing units at 711 of the total and is ranked #1. Second, it has the largest proportion of renter housing units at 191 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. has the percentage of 10 to 19 units in the middle range of other places in the area at 1% of the total. Second, it has one of the largest proportions of mobile home at 22% of the total and is ranked #2. The only larger place being Sardis with 26%.

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 2010 to 2013 at $112,500 of the total and is ranked #1. Second, it has one of the largest proportions of value of homes built 2000 to 2009 at $213,900 of the total and is ranked #2. The only larger place being Mount Olivet with $387,500. Third, it has the largest proportion of value of homes built 1990 to 1999 at $90,400 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1980 to 1989 at $65,400 of the total and is ranked #1. In addition, it has the largest proportion of value of homes built 1970 to 1979 at $157,000 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1960 to 1969 at $107,000 of the total and is ranked #1. Next it has one of the largest proportions of value of homes built 1950 to 1959 at $75,400 of the total and is ranked #3. Only #2 Ewing ($77,500), and #1 Mays Lick CDP ($83,800) are larger. Additionally, it has one of the largest proportions of value of homes built 1940 to 1949 at $88,300 of the total and is ranked #2. The only larger place being Brooksville with $112,500. And then, it has one of the largest proportions of value of homes built 1939 or earlier at $107,200 of the total and is ranked #3. Only #2 Brooksville ($118,300), and #1 Mays Lick CDP ($172,900) 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 Mount Olivet CCD residents. it has a homeowner household size of 2.2 which is the second 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 Germantown which shows a homeowner household size of 2.6 (14.7% larger).

Figure 37 shows the household size for renters. Mount Olivet CCD depicts it has a renter household size of 2.5 which is the third most renter household sizes of all other places in the greater Mount Olivet CCD region. The place with the highest renter household size in the area is Mount Olivet which shows a renter household sizes of 3.0 (19.4% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2017 or later at 0% of the total and is ranked #1. Second, it has the largest proportion of owners moved in 2015 to 2016 at 10% of the total and is ranked #1. Third, it has less than most other places in the metro area when ranked by owners moved in 2010 to 2014 at 19% of the total. Also, it has less than most other places in the greater region when sorted by owners moved in 1990 to 1999 at 14% of the total. Figure 39 shows the year that people who rent moved into the area. Mount Olivet CCD has the percentage of renters moved in 2015 to 2016 less than most other places in the local area at 6% of the total. Second, it has one of the largest proportions of renters moved in 2010 to 2014 at 70% of the total and is ranked #2. The only larger place being Mount Olivet with 71%.

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 more than all other places in the local area. Figure 41 compares the median year that renters moved into their home. Mount Olivet CCD depicts it has a median year that a renter moved in of 2012 which is in the middle range of other places in the area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas the second smallest when sorted by homes using natural gas of all the other places in the local area at 20% of the total. Second, it has the largest proportion of homes using wood at 17% of the total and is ranked #1. Third, it has one of the largest proportions of homes using some other fuel at 0% of the total and is ranked #3. Only #2 Mount Olivet (2%), and #1 Ewing (3%) are larger.

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 Mount Olivet CCD housing department, Kentucky department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Mount Olivet CCD shows it has a total people living in group quarters of 63 which is the highest of all places in the greater Mount Olivet CCD region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Mount Olivet CCD residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Mount Olivet CCD has the largest proportion of number of people 18 years of age and older living in group quarters at 100% of the total and is ranked #1.