Nippa CCD Kentucky Area Home Supply Charts

This page looks at a variety of Nippa 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. Nippa CCD shows it has a housing units of 1,445 which is the third most housing units of all other places in the greater Nippa CCD region.

Figure 2 illustrates the housing density in the Nippa CCD housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Nippa CCD shows it has a housing density of 32.6 which is the smallest when ranked by housing density of all the other places in the greater region. The place with the highest housing density in the area is Louisa which depicts a density of 553.5 ( substantially bigger). Comparing housing density to the United States average of 38.6, Nippa CCD is about 18.6% smaller. Also, measured against the state of Kentucky, housing density of 50.1, Nippa CCD is approximately three-fourths the size.

In Figure 4, Nippa CCD area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Nippa CCD depicts it has a change in the housing units of -3.2% which is the smallest when sorted by change in the housing units of all the other places in the area. The place with the highest change in the housing units in the area is Blaine which shows a housing units of 19.4% ( appreciably bigger). Comparing change in the housing units to the United States average of 4.9%, Nippa CCD is about the same size. Also, versus the state of Kentucky, change in the housing units of 2.5%, Nippa CCD is 31.2% 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.) Nippa CCD depicts it has a renter percent of 29.9% which is the second 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 70.1% which is the second most owner percent of all the places in the greater Nippa CCD region.

Nippa CCD Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Nippa CCD home price is illustrated for this community and a useful analysis of affordable housing. Nippa CCD depicts it has a median home price of $63,400 which is the second smallest as measured by median home price of all the other places in the greater region. The place with the highest median home price in the area is Paintsville which shows a home price of $154,200 (approximately 2.4 times bigger). Figure 8 provides aggregate comparative data for the Nippa CCD Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Nippa CCD depicts it has a rental rates of $632 which is the second most of all the places in the surrounding region. The place with the highest rental rates in the area is Blaine which shows a rental rates of $782 (23.7% larger). Comparing rental rates to the United States average of $1,023, Nippa CCD is approximately three-fourths the size. Also, compared to the state of Kentucky, rental rates of $741, Nippa CCD is about 17.2% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Nippa CCD has one of the largest proportions of home price worth less than $50,000 at 36% of the total and is ranked #2. The only larger place being Blaine with 41%.

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. Nippa CCD shows it has a median ownership cost of $430 which is the second smallest in terms of 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 Nippa CCD metro area. it has a cost as a percent of household income of 14% which is the smallest in terms of cost as a percent of household income of all the other places in the surrounding 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. Nippa CCD shows it has a median home value as a percent of median worker earnings of 179% which is less than most other places in the metropolitan 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.) Nippa CCD shows it has a median housing cost of $893 which is less than most 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 housing cost of $338 which is the smallest when ranked by median housing cost of all the 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. Nippa CCD has the largest proportion of owner cost less than $300 at 28% of the total and is ranked #1. Second, it has one of the largest proportions of owner cost between $300 and $500 at 37% of the total and is ranked #2. The only larger place being Blaine with 94%. Third, it has the second smallest in order of owner cost less than $300 of all the other places in the local area in order of owner cost between $1,000 and $1,500 at 9% 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.) Nippa CCD shows it has a cost as a percent of household income of 16% which is the second smallest in terms of cost as a percent of household income of all the other places in the surrounding region. The place with the highest cost as a percent of household income in the area is Inez which shows a cost as a percent of household income of 22% (36.8% 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. Nippa CCD shows it has a cost as a percent of household income of 13% which is less than most other places in the local area. The place with the highest cost as a percent of household income in the area is Blaine which depicts a cost as a percent of household income of 18% (33.6% 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.) Nippa CCD has one of the largest proportions of rent as a percent of income is less than 10 pct at 5% of the total and is ranked #3. Only #2 Paintsville (7%), and #1 Inez (11%) are larger. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 19% of the total and is ranked #3. Only #2 Prestonsburg (20%), and #1 Inez (21%) are larger. Third, it has the second smallest when sorted by rent as a percent of income is less than 10 pct of all the other places in the local area in terms of rent as a percent of income is between 20pct to 30pct at 8% of the total. Also, it has the second smallest when sorted by rent as a percent of income is less than 10 pct of all the other places in the area when sorted by rent as a percent of income is between 30pct to 40pct at 2% of the total. In addition, it has in the mid range of other places in the local area as measured by rent as a percent of income is between 40pct to 50pct at 8% of the total. Furthermore, it has one of the largest proportions of rent as a percent of income is over 50pct at 24% of the total and is ranked #3. Only #2 Louisa (26%), and #1 Blaine (33%) are larger.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Nippa CCD has the smallest proportion of housing cost between $700 and $1,000 at 11% 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 $537 which is the second smallest when ranked by median real estate taxes paid of all the other places in the greater region. The place with the highest median real estate taxes paid in the area is Paintsville which depicts a taxes paid of $1,271 (approximately 2.4 times bigger). Comparing median real estate taxes paid to the United States average of $2,375, Nippa CCD is approximately a quarter the size. Also, versus the state of Kentucky, median real estate taxes paid of $1,166, Nippa CCD is approximately half the size.

Figure 22 shows the percentage of renters who pay for utilities in Nippa 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. Nippa CCD has the largest proportion of pay extra for utilities at 100% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Nippa CCD Kentucky has the percentage of rent between 300 and 500 dollars the second smallest in order of rent less than 300 dollars of all the other places in the local area at 10% of the total. Second, it has the largest proportion of rent between 500 and 750 dollars at 48% of the total and is ranked #1. Third, it has the second smallest when sorted by rent less than 300 dollars of all the other places in the local area as measured by rent between 750 and 1000 dollars at 10% of the total.

Nippa CCD Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Nippa CCD has the percentage of with mortgage the second smallest in terms of with mortgage of all the other places in the local area at 33% of the total. Second, it has the second smallest in order of with mortgage of all the other places in the local area in order of no 2nd mortgage and no heloc at 27% of the total. Third, it has one of the largest proportions of no mortgage at 67% of the total and is ranked #2. The only larger place being Blaine with 100%.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Nippa CCD has the percentage of houses with mortgages the second smallest in terms of houses with a mortgage of all the other places in the metro area at 33% of the total. Second, it has one of the largest proportions of houses without mortgages at 67% of the total and is ranked #2. The only larger place being Blaine with 100%.

Nippa 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 3.4 which is the largest of all places in the greater Nippa CCD region. Comparing family members per housing unit to the United States average of 3.3, Nippa CCD is only about 3.0% larger. Also, measured against the state of Kentucky, family members per housing unit of 3.1, Nippa CCD is 9.1% larger.

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 5.4 which is in the center range of other places in the metro area. The place with the highest average number of rooms in a house in the area is Louisa which depicts an average number of rooms in a house of 5.7 (only about 5.6% 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 1990 which is the highest of all places in the greater Nippa CCD region.

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 3% of the total and is ranked #1. Second, it has the second smallest in terms of homes built in 2014 or later of all the other places in the surrounding region when ranked by homes built between 2010 to 2013 at 1% of the total. Third, it has the largest proportion of homes built between 2000 to 2009 at 26% of the total and is ranked #1. Also, it has the largest proportion of homes built between 1990 to 1999 at 21% of the total and is ranked #1. In addition, it has less than most other places in the local area when sorted by homes built between 1980 to 1989 at 16% of the total. Furthermore, it has the second smallest when ranked by homes built in 2014 or later of all the other places in the metro area when ranked by homes built between 1960 to 1969 at 4% of the total. Next it has the second smallest in order of homes built in 2014 or later of all the other places in the local area as measured by homes built between 1940 to 1949 at 1% of the total. Additionally, it has less than most other places in the greater region as measured by homes built between 1939 or earlier at 7% 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 859 of the total and is ranked #1. Second, it has in the middle range of other places in the local area in order of renter housing units at 366 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 the largest proportion of mobile home at 37% 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. has the percentage of value of homes built 2000 to 2009 in the mid range of other places in the area at $102,600 of the total. Second, it has one of the largest proportions of value of homes built 1990 to 1999 at $46,300 of the total and is ranked #3. Only #2 Prestonsburg ($109,900), and #1 Louisa ($166,300) are larger. Third, it has one of the largest proportions of value of homes built 1980 to 1989 at $43,100 of the total and is ranked #3. Only #2 Inez ($148,400), and #1 Paintsville ($169,200) are larger. Also, it has in the mid range of other places in the surrounding region as measured by value of homes built 1970 to 1979 at $92,700 of the total. In addition, it has the largest proportion of value of homes built 1960 to 1969 at $269,000 of the total and is ranked #1. Furthermore, it has one of the largest proportions of value of homes built 1950 to 1959 at $55,300 of the total and is ranked #3. Only #2 Louisa ($65,000), and #1 Prestonsburg ($96,700) are larger. Next it has in the mid range of other places in the metropolitan area when ranked by value of homes built 1939 or earlier at $59,200 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 Nippa CCD residents. it has a homeowner household size of 2.8 which is the third most homeowner household size of all other places in the greater Nippa CCD region. The place with the highest homeowner household size in the area is Auxier CDP which depicts a homeowner household size of 3.4 (23.6% larger).

Figure 37 shows the household size for renters. Nippa CCD depicts it has a renter household size of 2.6 which is the largest of all places in the greater Nippa CCD 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 2017 or later at 2% of the total and is ranked #2. The only larger place being Prestonsburg with 3%. Second, it has in the mid range of other places in the metro area when sorted by owners moved in 2015 to 2016 at 4% of the total. Third, it has the second smallest when sorted by owners moved in 2017 or later of all the other places in the area when sorted by owners moved in 2010 to 2014 at 9% of the total. Also, it has the largest proportion of owners moved in 2000 to 2009 at 55% of the total and is ranked #1. In addition, it has the second smallest as measured by owners moved in 2017 or later of all the other places in the surrounding region when sorted by owners moved in 1989 or earlier at 11% of the total. Figure 39 shows the year that people who rent moved into the area. Nippa CCD has the percentage of renters moved in 2015 to 2016 less than most other places in the local area at 9% of the total. Second, it has one of the largest proportions of renters moved in 2010 to 2014 at 80% of the total and is ranked #2. The only larger place being Auxier CDP with 100%. Third, it has the second smallest when ranked by renters moved in 2017 or later of all the other places in the metropolitan area when ranked by renters moved in 2000 to 2009 at 5% of the total.

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 in the center range of other places in the local area. Figure 41 compares the median year that renters moved into their home. Nippa CCD depicts it has a median year that a renter moved in of 2013 which is the third most median year that a renter moved in of all other places in the greater Nippa CCD 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 4% of the total. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 12% of the total and is ranked #2. The only larger place being Blaine with 34%. Third, it has the largest proportion of home using electricity at 76% of the total and is ranked #1. Also, it has the largest proportion of homes using coal or coke at 3% of the total and is ranked #1. In addition, it has one of the largest proportions of homes using some other fuel at 1% of the total and is ranked #2. The only larger place being Prestonsburg with 1%.