North Middletown Kentucky Area Home Supply Charts

This page looks at a variety of North Middletown 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. North Middletown shows it has a Housing Units of 309 which is the second smallest when sorted by housing units of all the other places in the surrounding region.

Figure 2 illustrates the housing density in the North Middletown housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) North Middletown shows it has a Housing Density of 928.1 which is in the center range of other places in the area. The city with the highest housing density in the area is Millersburg which depicts a density of 1252.2 (34.9% larger). Comparing housing density to the United States average of 39.5, North Middletown is substantially bigger. Also, compared with the state of Kentucky, housing density of 50.5, North Middletown is considerably bigger.

In Figure 4, North Middletown area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. North Middletown depicts it has a Housing Unit Change of 13.6% which is in the middle range of other places in the area. The city with the highest change in the housing units in the area is Carlisle which depicts a housing units of 32.8% (approximately 2.4 times bigger). Comparing change in the housing units to the United States average of 7.4%, North Middletown is about twice as large. Also, in comparison with the state of Kentucky, change in the housing units of 3.2%, North Middletown is approximately 4.3 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.) North Middletown depicts it has a Renter Percent of 38.5% which is the smallest as measured by renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 61.5% which is the largest of all places in the area.

North Middletown Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average North Middletown home price is illustrated for this community and a useful analysis of affordable housing. North Middletown shows it has a Median Home Value of $96,100 which is less than most other places in the local area. The city with the highest median home price in the area is Mount Sterling which depicts a home price of $147,800 (53.8% larger). Figure 8 provides aggregate comparative data for the North Middletown Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. North Middletown depicts it has a Median Gross Rent of $832 which is at the top of all other places in the greater North Middletown region. Comparing rental rates to the United States average of $1,163, North Middletown is approximately three-fourths the size. Also, compared with the state of Kentucky, rental rates of $826, North Middletown is about the same size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. North Middletown has one of the largest proportions of home price worth less than $50,000 at 49% of the total and is ranked #2. The only larger city being Carlisle with 60%. Second, it has the smallest proportion of home price worth between $100,000 to $200,000 at 2% of the total. 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. Also, it has the largest proportion of home price worth between $500,000 to $750,000 at 5% 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. North Middletown shows it has a Median Owner Cost of $805 which is the third most median ownership cost of all other places in the greater North Middletown region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the North Middletown metro area. it has a Owner Cost as % of HH Income of 18% which is more than all 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. North Middletown shows it has a Median Home Value as Percent of Median Earnings of 268% which is less than most 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.) North Middletown indicates it has a Median Owner Costs-With Mortgage of $845 which is the second smallest when ranked by median housing cost of all the other places in the greater 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 Owner Costs-Without Mortgage of $364 which is less than most 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. North Middletown has the percentage of owner cost less than $300 less than most other places in the metro area at 13% of the total. Second, it has one of the largest proportions of owner cost between $300 and $500 at 21% of the total and is ranked #3. Only #2 Carlisle (25%), and #1 Mount Sterling (27%) are larger. Third, it has one of the largest proportions of owner cost between $500 and $700 at 42% of the total and is ranked #2. The only larger city being Millersburg with 45%.

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.) North Middletown depicts it has a % of Income Owner Costs-With Mortgage of 21% which is the second most cost as a percent of household income of all the places in the greater North Middletown region. The city with the highest cost as a percent of household income in the area is Sharpsburg which depicts a cost as a percent of household income of 22% (only about 2.8% 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. North Middletown shows it has a % of Income Owner Costs-No Mortgage of 12% which is the second most cost as a percent of household income of all the places in the greater North Middletown region. The city with the highest cost as a percent of household income in the area is Sharpsburg which depicts a cost as a percent of household income of 13% (9.0% 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.) North Middletown has the smallest proportion of rent as a percent of income is less than 10 pct at 9% of the total. Second, it has the largest proportion of rent as a percent of income is between 20pct to 30pct at 44% 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 25% of the total and is ranked #2. The only larger city being Millersburg with 39%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. North Middletown has the smallest proportion of housing cost less than $300 at 11% of the total. Second, it has the largest proportion of housing cost between $500 and $700 at 49% 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 $838 which is less than most other places in the greater region. The city with the highest median real estate taxes paid in the area is Millersburg which shows a taxes paid of $1,318 (57.3% larger). Comparing median real estate taxes paid to the United States average of $2,690, North Middletown is approximately a third the size. Also, in contrast to the state of Kentucky, median real estate taxes paid of $1,320, North Middletown is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. North Middletown Kentucky has the smallest proportion of rent less than 300 dollars at 8% of the total. Second, it has the smallest proportion of rent between 300 and 500 dollars at 9% of the total. Third, it has the largest proportion of rent between 500 and 750 dollars at 60% of the total and is ranked #1. Also, it has the largest proportion of rent between 750 and 1000 dollars at 19% of the total and is ranked #1.

North Middletown Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. North Middletown has the largest proportion of With mortgage at 74% of the total and is ranked #1. Second, it has the smallest proportion of No 2nd Mortgage or HELOC at 1% of the total. Third, it has the largest proportion of Mortgage and 2nd Mortgage at 4% of the total and is ranked #1. Also, it has the smallest proportion of With HELOC no Primary Mortgage at 20% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. North Middletown has the smallest proportion of houses with mortgages at 20% of the total.

North Middletown Kentucky 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 in the mid point range of other places in the metro area. The city with the highest family members per housing unit in the area is Sharpsburg which shows a family members per housing unit of 3.8 (25.9% larger). Comparing family members per housing unit to the United States average of 3.3, North Middletown is about 9.9% smaller. Also, measured against the state of Kentucky, family members per housing unit of 3.2, North Middletown is about 5.7% 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 when ranked by average number of rooms in a house of all the other places in the greater region. The city with the highest average number of rooms in a house in the area is Carlisle which shows an average number of rooms in a house of 6.0 (15.4% 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 1977 which is the largest of all places in the greater North Middletown region.

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 2010 to 2019 at 4% of the total. Second, it has the largest proportion of homes built between 1990 to 1999 at 31% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1980 to 1989 at 24% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1960 to 1969 at 6% of the total. In addition, it has the smallest proportion of homes built between 1940 to 1949 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. has the percentage of owner housing units the second smallest in terms of owner-occupied housing units of all the other places in the local area at 117 of the total.

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 3 or 4 units less than most other places in the local area at 3% of the total. Second, it has the largest proportion of 50 or more units at 10% 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 1990 to 1999 in the middle range of other places in the greater region at $99,600 of the total. Second, it has less than most other places in the metro area in terms of value of homes built 1980 to 1989 at $89,300 of the total. Third, it has one of the largest proportions of value of homes built 1970 to 1979 at $106,300 of the total and is ranked #3. Only #2 Winchester ($117,900), and #1 Paris ($129,800) are larger. Also, it has in the middle range of other places in the greater region when sorted by value of homes built 1950 to 1959 at $82,700 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 North Middletown residents. it has a Owner-Household Size of 2.0 which is the smallest in terms of homeowner household size of all the other places in the metropolitan area. The city with the highest homeowner household size in the area is Sharpsburg which shows a homeowner household size of 2.9 (42.4% larger).

Figure 37 shows the household size for renters. North Middletown depicts it has a Renter-Household Size of 3.1 which is the largest of all places in the greater North Middletown region. Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later in the center range of other places in the greater region at 24% of the total. Second, it has the second smallest in order of owners moved in 2019 or later of all the other places in the local area in order of owners moved in 2015 to 2018 at 10% of the total. Third, it has one of the largest proportions of owners moved in 1990 to 1999 at 18% of the total and is ranked #2. The only larger city being Carlisle with 24%. Figure 39 shows the year that people who rent moved into the area. North Middletown has the smallest proportion of renters moved in 2019 or later at 33% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 44% 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 2006 which is the third most median year that a home owner moved in of all other places in the greater North Middletown region. Figure 41 compares the median year that renters moved into their home. North Middletown depicts it has a Renter Median Year Moved In of 2015 which is less than most other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of home using bottled, tank, or lp gas at 74% of the total and is ranked #2. The only larger city being Millersburg with 88%.