South Shore Kentucky Area Home Supply Charts

This page looks at a variety of South Shore 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. South Shore depicts it has a Housing Units of 579 which is the second smallest as measured by housing units of all the other places in the area.

Figure 2 illustrates the housing density in the South Shore housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) South Shore shows it has a Housing Density of 875.8 which is the third most of all other places in the surrounding region. The city with the highest housing density in the area is New Boston which depicts a density of 1146.4 (30.9% larger). Comparing housing density to the United States average of 39.2, South Shore is markedly bigger. Also, compared to the state of Kentucky, housing density of 50.6, South Shore is substantially bigger.

In Figure 4, South Shore area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. South Shore shows it has a Housing Unit Change of -0.5% which is less than most other places in the surrounding region. The city with the highest change in the housing units in the area is Rosemount CDP which shows a housing units of 13.2% ( very much bigger). Comparing change in the housing units to the United States average of 6.5%, South Shore is about the same size. Also, compared with the state of Kentucky, change in the housing units of 3.5%, South Shore is about the same size.

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.) South Shore depicts it has a Renter Percent of 53.5% which is the second most renter percent of all the places in the greater South Shore region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 46.5% which is the second smallest as measured by owner percent of all the other places in the local area.

South Shore Kentucky Home Cost Charts

Looking at the housing data provided in Figure 7, the average South Shore home price is illustrated for this community and a useful analysis of affordable housing. South Shore depicts it has a Median Home Value of $66,300 which is the second smallest in terms of median home price of all the other places in the surrounding region. The city with the highest median home price in the area is Wheelersburg CDP which shows a home price of $172,100 (approximately 2.6 times bigger). Figure 8 provides aggregate comparative data for the South Shore Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. South Shore shows it has a Median Gross Rent of $571 which is the second smallest when sorted by rental rates of all the other places in the surrounding region. The city with the highest rental rates in the area is Rosemount CDP which depicts a rental rates of $799 (39.9% larger). Comparing rental rates to the United States average of $1,096, South Shore is approximately half the size. Also, compared to the state of Kentucky, rental rates of $783, South Shore 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. South Shore has one of the largest proportions of home price worth less than $50,000 at 48% of the total and is ranked #2. The only larger city being New Boston with 52%.

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. South Shore depicts it has a Median Owner Cost of $555 which is less than most 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 South Shore metro area. it has a Owner Cost as % of HH Income of 17% which is the third most cost as a percent of household income of all other places in the greater South Shore 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. South Shore shows it has a Median Home Value as Percent of Median Earnings of 145% which is the smallest in terms of median home value as a percent of median worker earnings of all the other places in the surrounding 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.) South Shore depicts it has a Median Owner Costs-With Mortgage of $916 which is the second smallest in terms of median housing cost of all the other places in the local 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 Owner Costs-Without Mortgage of $299 which is the smallest in order of median housing cost of all the other places in the surrounding 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. South Shore has the percentage of owner cost less than $300 the second smallest when ranked by owner cost less than $300 of all the other places in the area at 20% 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 Wheelersburg CDP (24%), and #1 Sciotodale CDP (27%) are larger. Third, it has the largest proportion of owner cost between $500 and $700 at 34% 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.) South Shore depicts it has a % of Income Owner Costs-With Mortgage of 15% which is the second smallest when ranked by cost as a percent of household income of all the other places in the metro area. The city with the highest cost as a percent of household income in the area is Wheelersburg CDP which depicts a cost as a percent of household income of 21% (41.3% 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. South Shore depicts it has a % of Income Owner Costs-No Mortgage of 17% which is the highest of all places in the greater South Shore region.

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.) South Shore has the percentage of rent as a percent of income is less than 10 pct less than most other places in the area at 16% of the total. Second, it has less than most other places in the surrounding region when ranked by rent as a percent of income is between 10pct to 20pct at 10% of the total. Third, it has the second smallest in terms of rent as a percent of income is less than 10 pct of all the other places in the local area when sorted by rent as a percent of income is between 20pct to 30pct at 3% of the total. Also, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 12% of the total and is ranked #3. Only #2 Wheelersburg CDP (19%), and #1 Sciotodale CDP (19%) are larger. In addition, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 26% of the total and is ranked #3. Only #2 Rosemount CDP (35%), and #1 West Portsmouth CDP (68%) are larger.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. South Shore has the smallest proportion of housing cost less than $300 at 11% of the total. Second, it has the smallest proportion of housing cost between $700 and $1,000 at 2% 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 $810 which is the second smallest as measured by median real estate taxes paid of all the other places in the local area. The city with the highest median real estate taxes paid in the area is Wheelersburg CDP which depicts a taxes paid of $1,804 (approximately 2.2 times bigger). Comparing median real estate taxes paid to the United States average of $2,551, South Shore is approximately a third the size. Also, compared to the state of Kentucky, median real estate taxes paid of $1,252, South Shore is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. South Shore Kentucky has the percentage of rent between 300 and 500 dollars in the mid range of other places in the metropolitan area at 33% of the total.

South Shore Kentucky Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. South Shore has one of the largest proportions of With mortgage at 45% of the total and is ranked #3. Only #2 Wheelersburg CDP (48%), and #1 West Portsmouth CDP (50%) are larger. Second, it has in the mid range of other places in the surrounding region when ranked by With HELOC no Primary Mortgage at 55% of the total.

South Shore 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 ranked #1 of all places in the greater South Shore region. Comparing family members per housing unit to the United States average of 3.3, South Shore is 18.0% larger. Also, compared to the state of Kentucky, family members per housing unit of 3.1, South Shore 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 5.1 which is the second smallest in terms of average number of rooms in a house of all the other places in the surrounding region. The city with the highest average number of rooms in a house in the area is Wheelersburg CDP which depicts an average number of rooms in a house of 6.2 (21.6% 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 Median Year Built of 1970 which is the second most year built of all the places in the greater South Shore region. The city with the highest year built in the area is Wheelersburg CDP which indicates a year built of 1976 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2013 at 7% of the total and is ranked #2. The only larger city being Wheelersburg CDP with 8%. Second, it has one of the largest proportions of homes built between 2000 to 2009 at 9% of the total and is ranked #2. The only larger city being Wheelersburg CDP with 12%. Third, it has less than most other places in the local area as measured by homes built between 1990 to 1999 at 7% of the total. Also, it has the largest proportion of homes built between 1980 to 1989 at 25% of the total and is ranked #1. In addition, it has the second smallest when sorted by homes built in 2014 or later of all the other places in the metropolitan area when ranked by homes built between 1940 to 1949 at 10% 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 less than most other places in the greater region at 268 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 10 to 19 units at 9% of the total and is ranked #1. Second, it has one of the largest proportions of 50 or more units at 14% of the total and is ranked #3. Only #2 West Portsmouth CDP (14%), and #1 Sciotodale CDP (15%) are larger.

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 1970 to 1979 less than most other places in the local area at $55,600 of the total. Second, it has the second smallest in terms of value of homes built 2014 or later of all the other places in the surrounding region as measured by value of homes built 1960 to 1969 at $70,500 of the total. Third, it has one of the largest proportions of value of homes built 1940 to 1949 at $61,300 of the total and is ranked #3. Only #2 Portsmouth ($64,900), and #1 Wheelersburg CDP ($84,800) 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 South Shore residents. it has a Owner-Household Size of 2.6 which is the highest of all places in the greater South Shore region.

Figure 37 shows the household size for renters. South Shore shows it has a Renter-Household Size of 2.3 which is ranked #1 of all places in the greater South Shore 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 the second smallest when ranked by owners moved in 2019 or later of all the other places in the local area at 9% of the total. Second, it has the largest proportion of owners moved in 2015 to 2018 at 59% of the total and is ranked #1. Third, it has less than most other places in the greater region when sorted by owners moved in 2010 to 2014 at 13% of the total. Also, it has the smallest proportion of owners moved in 2000 to 2009 at 9% of the total. In addition, it has the smallest proportion of owners moved in 1990 to 1999 at 9% of the total. Figure 39 shows the year that people who rent moved into the area. South Shore has the percentage of renters moved in 2019 or later in the intermediate range of other places in the greater region at 43% of the total. Second, it has one of the largest proportions of renters moved in 2010 to 2014 at 16% of the total and is ranked #2. The only larger city being New Boston with 17%.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2008 which is the highest of all places in the greater South Shore region. Figure 41 compares the median year that renters moved into their home. South Shore shows it has a Renter Median Year Moved In of 2015 which is the second most median year that a renter moved in of all the places in the greater South Shore region.

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 South Shore housing department, Kentucky department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. South Shore depicts it has a Total In Group Quarters of 63 which is in the center range of other places in the local area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for South Shore 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.) South Shore has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.