River Bluff Kentucky Area Home Supply Charts

This page looks at a variety of River Bluff 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. River Bluff depicts it has a Housing Units of 176 which is the second smallest as measured by housing units of all the other places in the local area.

Figure 2 illustrates the housing density in the River Bluff housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) River Bluff shows it has a Housing Density of 747.0 which is in the mid range of other places in the greater region. The city with the highest housing density in the area is Goshen which depicts a density of 1861.7 (approximately 2.5 times bigger). Comparing housing density to the United States average of 39.2, River Bluff is very much bigger. Also, in comparison with the state of Kentucky, housing density of 50.6, River Bluff is very much bigger.

In Figure 4, River Bluff area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. River Bluff indicates it has a Housing Unit Change of 16.6% which is the third most of all other places in the metro area. The city with the highest change in the housing units in the area is Utica which shows a housing units of 20.8% (25.9% larger). Comparing change in the housing units to the United States average of 6.5%, River Bluff is approximately 2.6 times bigger. Also, benchmarked against the state of Kentucky, change in the housing units of 3.5%, River Bluff is approximately 4.7 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.) River Bluff depicts it has a Renter Percent of 1.1% which is the smallest when ranked by renter percent of all the other places in the metropolitan area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 98.9% which is more than all other places in the greater River Bluff region.

River Bluff Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average River Bluff home price is illustrated for this community and a useful analysis of affordable housing. River Bluff depicts it has a Median Home Value of $311,100 which is the third most median home prices of all other places in the greater River Bluff region. The city with the highest median home price in the area is Hills and Dales which depicts a home price of $398,200 (28.0% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. River Bluff has the percentage of home price worth between $50,000 to $100,000 in the intermediate range of other places in the local area at 2% of the total. Second, it has in the mid range of other places in the local area as measured by home price worth between $100,000 to $200,000 at 43% of the total. Third, it has one of the largest proportions of home price worth between $200,000 to $300,000 at 41% of the total and is ranked #3. Only #2 Brownsboro Farm (43%), and #1 Hills and Dales (47%) are larger.

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. River Bluff shows it has a Median Owner Cost of $1,780 which is at the top of all other places in the greater River Bluff region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the River Bluff metro area. it has a Owner Cost as % of HH Income of 18% which is the largest of all places in the greater River Bluff 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. River Bluff shows it has a Median Home Value as Percent of Median Earnings of 524% which is the second most of all the places in the greater 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.) River Bluff shows it has a Median Owner Costs-With Mortgage of $1,924 which is the third most median housing cost of all other places in the greater River Bluff 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 $557 which is less than most other places in the greater 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. River Bluff has the percentage of owner cost less than $300 less than most other places in the metro area at 1% of the total. Second, it has less than most other places in the area in order of owner cost between $300 and $500 at 8% of the total. Third, it has the smallest proportion of owner cost between $500 and $700 at 4% of the total. Also, it has less than most other places in the local area when ranked by owner cost between $700 and $1,000 at 14% of the total. In addition, it has one of the largest proportions of owner cost between $1,000 and $1,500 at 32% of the total and is ranked #2. The only larger city being Goshen with 36%.

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.) River Bluff shows it has a % of Income Owner Costs-With Mortgage of 19% which is the third most of all other places in the metro area. The city with the highest cost as a percent of household income in the area is Utica which depicts a cost as a percent of household income of 20% (6.8% 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. River Bluff depicts it has a % of Income Owner Costs-No Mortgage of 12% which is the third most of all other places in the local area. The city with the highest cost as a percent of household income in the area is Utica which shows a cost as a percent of household income of 13% (6.7% 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.) River Bluff has the largest proportion of rent as a percent of income is between 40pct to 50pct at 100% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. River Bluff has the smallest proportion of housing cost between $500 and $700 at 4% 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 $2,983 which is in the mid range of other places in the metropolitan area. The city with the highest median real estate taxes paid in the area is Hills and Dales which shows a taxes paid of $4,352 (45.9% larger). Comparing median real estate taxes paid to the United States average of $2,551, River Bluff is 16.9% larger. Also, benchmarked against the state of Kentucky, median real estate taxes paid of $1,252, River Bluff is approximately 2.4 times bigger.

Figure 23 shows the rental rate distribution for this area. River Bluff Kentucky has the largest proportion of rent between 750 and 1000 dollars at 100% of the total and is ranked #1.

River Bluff Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. River Bluff has the largest proportion of With mortgage at 67% of the total and is ranked #1. Second, it has the second smallest in terms of With Mortgage of all the other places in the local area in order of With HELOC no Primary Mortgage at 22% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. River Bluff has the percentage of houses with mortgages the second smallest when sorted by houses with a mortgage of all the other places in the local area at 22% of the total.

River Bluff Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.9 which is the most of all places in the greater River Bluff region. Comparing family members per housing unit to the United States average of 3.3, River Bluff is 18.0% larger. Also, compared to the state of Kentucky, family members per housing unit of 3.1, River Bluff is 24.4% larger.

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 10.0 which is the highest of all places in the greater River Bluff region. 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 1976 which is in the mid point range of other places in the greater region. The city with the highest year built in the area is Utica which depicts a year built of 1993 ( 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 2000 to 2009 less than most other places in the greater region at 3% of the total. Second, it has the largest proportion of homes built between 1980 to 1989 at 53% of the total and is ranked #1. Third, it has in the mid range of other places in the area when ranked by homes built between 1970 to 1979 at 13% of the total. Also, it has in the mid range of other places in the surrounding region in terms of homes built between 1940 to 1949 at 1% 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 ranked by owner-occupied housing units of all the other places in the metropolitan area at 2 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 2010 to 2013 at $416,700 of the total and is ranked #3. Only #2 Green Spring ($450,000), and #1 Prospect ($590,200) are larger. Second, it has one of the largest proportions of value of homes built 2000 to 2009 at $400,000 of the total and is ranked #2. The only larger city being Green Spring with $500,000. Third, it has one of the largest proportions of value of homes built 1990 to 1999 at $335,000 of the total and is ranked #3. Only #2 Prospect ($415,900), and #1 Hills and Dales ($433,300) are larger. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $283,900 of the total and is ranked #3. Only #2 Prospect ($343,400), and #1 Hills and Dales ($380,000) are larger. In addition, it has one of the largest proportions of value of homes built 1970 to 1979 at $340,900 of the total and is ranked #3. Only #2 Prospect ($359,500), and #1 Hills and Dales ($384,600) 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 River Bluff residents. it has a Owner-Household Size of 3.4 which is the largest of all places in the greater River Bluff region.

Figure 37 shows the household size for renters. River Bluff shows it has a Renter-Household Size of 2.0 which is less than most other places in the greater region. The city with the highest renter household size in the area is Hills and Dales which shows a renter household sizes of 4.0 (about twice as large). 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 25% of the total and is ranked #1. Second, it has less than most other places in the metro area when ranked by owners moved in 2015 to 2018 at 18% of the total. Third, it has the second smallest in terms of owners moved in 2019 or later of all the other places in the local area when sorted by owners moved in 2000 to 2009 at 8% of the total. Figure 39 shows the year that people who rent moved into the area. River Bluff has the largest proportion of renters moved in 2010 to 2014 at 100% 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 2007 which is the second most median year that a home owner moved in of all the places in the greater River Bluff 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 31% of the total and is ranked #2. The only larger city being Goshen with 69%.