Sedalia CDP Kentucky Area Home Supply Charts

This page looks at a variety of Sedalia CDP 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. Sedalia CDP shows it has a Housing Units of 65 which is the smallest in order of housing units of all the other places in the greater region.

Figure 2 illustrates the housing density in the Sedalia CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Sedalia CDP depicts it has a Housing Density of 54.9 which is the smallest in order of housing density of all the other places in the surrounding region. The place with the highest housing density in the area is Mayfield which shows a density of 685.9 ( substantially bigger). Comparing housing density to the United States average of 39.5, Sedalia CDP is 38.9% larger. Also, versus the state of Kentucky, housing density of 50.5, Sedalia CDP is 8.8% larger.

In Figure 4, Sedalia CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Sedalia CDP shows it has a Housing Unit Change of -51.9% which is the second smallest in order of change in the housing units of all the other places in the local area. The place with the highest change in the housing units in the area is Hickory CDP which shows a housing units of 94.4% (about twice as large). Comparing change in the housing units to the United States average of 7.4%, Sedalia CDP is very much bigger. Also, measured against the state of Kentucky, change in the housing units of 3.2%, Sedalia CDP is substantially bigger.

Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 100.0% which is the highest of all places in the greater Sedalia CDP region.

Sedalia CDP Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average Sedalia CDP home price is illustrated for this community and a useful analysis of affordable housing. Sedalia CDP depicts it has a Median Home Value of $88,600 which is the third most median home prices of all other places in the greater Sedalia CDP region. The place with the highest median home price in the area is Water Valley which depicts a home price of $108,300 (22.2% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Sedalia CDP has the largest proportion of home price worth less than $50,000 at 66% 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. Sedalia CDP depicts it has a Median Owner Cost of $547 which is the second most median ownership cost of all the places in the greater Sedalia CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Sedalia CDP metro area. it has a Owner Cost as % of HH Income of 21% which is the second most cost as a percent of household income of all the places in the greater Sedalia CDP 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. Sedalia CDP depicts it has a Median Home Value as Percent of Median Earnings of 210% which is in the mid range of other places in the metropolitan 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. Sedalia CDP has the largest proportion of owner cost between $300 and $500 at 57% 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.) Sedalia CDP depicts it has a % of Income Owner Costs-With Mortgage of 22% which is ranked #1 of all places in the greater Sedalia CDP region.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Sedalia CDP 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 $300 and $500 at 57% 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 $470 which is less than most other places in the metro area. The place with the highest median real estate taxes paid in the area is Mayfield which depicts a taxes paid of $897 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,690, Sedalia CDP is approximately a sixth the size. Also, compared with the state of Kentucky, median real estate taxes paid of $1,320, Sedalia CDP is approximately a third the size.

Sedalia CDP Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Sedalia CDP has the largest proportion of With mortgage at 74% of the total and is ranked #1. Second, it has the smallest proportion of With HELOC no Primary Mortgage at 26% of the total.

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

Sedalia CDP Kentucky Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 5.8 which is more than all other places in the local area. Comparing family members per housing unit to the United States average of 3.3, Sedalia CDP is 76.1% larger. Also, versus the state of Kentucky, family members per housing unit of 3.2, Sedalia CDP is about twice as large.

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 7.0 which is the highest of all places in the greater Sedalia CDP 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 1966 which is less than most other places in the area. The place with the highest year built in the area is Hickory CDP which depicts a year built of 1979 ( 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 local area at 6% of the total. Second, it has the largest proportion of homes built between 1970 to 1979 at 66% of the total and is ranked #1.

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 Sedalia CDP residents. it has a Owner-Household Size of 5.8 which is the highest of all places in the greater Sedalia CDP 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 mid range of other places in the area at 6% of the total. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 4% of the total. Third, it has the largest proportion of owners moved in 2000 to 2009 at 85% of the total and is ranked #1. Also, it has the second smallest when sorted by owners moved in 2019 or later of all the other places in the metro area in terms of owners moved in 1990 to 1999 at 5% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 1996 which is the second smallest as measured by median year that a home owner moved in of all the other places in the local area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using bottled, tank, or lp gas at 12% of the total.