Trimble County Area Home Supply Charts

This page looks at a variety of Trimble County Kentucky housing market data taken from the most recent 2020 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. Trimble County depicts it has a Housing Units of 3,993 which is the smallest in terms of housing units of all the other counties in the greater region.

Figure 2 illustrates the housing density in the Trimble County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Trimble County depicts it has a Housing Density of 26.3 which is the second smallest in order of housing density of all the other counties in the metropolitan area. The county with the highest housing density in the area is Clark County which shows a density of 135.6 ( very much bigger). Comparing housing density to the United States average of 38.9, Trimble County is approximately three-fourths the size. Also, in comparison with the state of Kentucky, housing density of 50.4, Trimble County is approximately half the size.

In Figure 4, Trimble County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Trimble County shows it has a Housing Unit Change of 1.6% which is less than most other counties in the local area. The county with the highest change in the housing units in the area is Oldham County which depicts a housing units of 6.2% (approximately 3.9 times bigger). Comparing change in the housing units to the United States average of 5.7%, Trimble County is approximately a third the size. Also, benchmarked against the state of Kentucky, change in the housing units of 2.9%, Trimble County is approximately half the 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.) Trimble County shows it has a Renter Percent of 22.9% which is the second smallest in terms of renter percent of all the other counties in the area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 77.1% which is the second most owner percent of all the counties in the greater Trimble County region.

Trimble County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Trimble County home price is illustrated for this community and a useful analysis of affordable housing. Trimble County depicts it has a Median Home Value of $124,000 which is less than most other counties in the metro area. The county with the highest median home price in the area is Oldham County which shows a home price of $282,100 (approximately 2.3 times bigger). Figure 8 provides aggregate comparative data for the Trimble County Kentucky metro area in terms of the median housing rental rate, apartment rent, etc. Trimble County shows it has a Median Gross Rent of $715 which is the second smallest as measured by rental rates of all the other counties in the metro area. The county with the highest rental rates in the area is Oldham County which shows a rental rates of $919 (28.5% larger). Comparing rental rates to the United States average of $1,062, Trimble County is approximately three-fourths the size. Also, measured against the state of Kentucky, rental rates of $763, Trimble County is about 6.7% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Trimble County has the percentage of home price worth less than $50,000 less than most other counties in the metro area at 21% of the total. Second, it has the smallest proportion of home price worth between $300,000 to $400,000 at 0% of the total.

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. Trimble County depicts it has a Median Owner Cost of $734 which is the second smallest when sorted by median ownership cost of all the other counties in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Trimble County metro area. it has a Owner Cost as % of HH Income of 16% which is in the mid point range of other counties 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. Trimble County depicts it has a Median Home Value as Percent of Median Earnings of 286% which is less than most other counties 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.) Trimble County shows it has a Median Owner Costs-With Mortgage of $1,182 which is the second most of all the counties 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 $357 which is the smallest when ranked by median housing cost of all the other counties 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. Trimble County has one of the largest proportions of owner cost less than $300 at 26% of the total and is ranked #2. The only larger county being Carroll County with 34%. Second, it has the second smallest as measured by owner cost less than $300 of all the other counties in the local area when ranked by owner cost between $500 and $700 at 15% 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.) Trimble County depicts it has a % of Income Owner Costs-With Mortgage of 20% which is the second most cost as a percent of household income of all the counties in the greater Trimble County region. The county with the highest cost as a percent of household income in the area is Henry County which depicts a cost as a percent of household income of 21% (6.1% 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. Trimble County depicts 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 counties in the greater Trimble County region. The county with the highest cost as a percent of household income in the area is Jefferson County which shows a cost as a percent of household income of 12% (only about 2.6% 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.) Trimble County has one of the largest proportions of rent as a percent of income is less than 10 pct at 27% of the total and is ranked #3. Only #2 Carroll County (28%), and #1 Oldham County (29%) are larger. Second, it has the second smallest when sorted by rent as a percent of income is less than 10 pct of all the other counties in the greater region when sorted by rent as a percent of income is between 10pct to 20pct at 14% of the total. Third, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 10% 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 $939 which is less than most other counties in the metro area. The county with the highest median real estate taxes paid in the area is Oldham County which shows a taxes paid of $2,783 (approximately 3.0 times bigger). Comparing median real estate taxes paid to the United States average of $2,471, Trimble County is approximately a third the size. Also, measured against the state of Kentucky, median real estate taxes paid of $1,210, Trimble County is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Trimble County 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. Trimble County has the smallest proportion of pay extra for utilities at 0% of the total.

Figure 23 shows the rental rate distribution for this area. Trimble County Kentucky has one of the largest proportions of rent between 300 and 500 dollars at 32% of the total and is ranked #3. Only #2 Jefferson County (35%), and #1 Carroll County (39%) are larger. Second, it has the smallest proportion of rent between 750 and 1000 dollars at 5% of the total.

Trimble County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Trimble County has the largest proportion of 2nd mortgage or heloc-not both at 2% of the total and is ranked #1. Second, it has the second smallest as measured by with mortgage of all the other counties in the metro area in terms of both 2nd mortgage and heloc at 46% of the total. Third, it has one of the largest proportions of no 2nd mortgage and no heloc at 47% of the total and is ranked #2. The only larger county being Carroll County with 52%.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Trimble County has one of the largest proportions of houses with mortgages at 47% of the total and is ranked #2. The only larger county being Carroll County with 52%.

Trimble County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.1 which is the second smallest in order of family members per housing unit of all the other counties in the local area. The county with the highest family members per housing unit in the area is Oldham County which shows a family members per housing unit of 3.4 (9.0% larger). Comparing family members per housing unit to the United States average of 3.3, Trimble County is about 7.4% smaller. Also, in comparison with the state of Kentucky, family members per housing unit of 3.1, Trimble County is about the same size.

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 5.6 which is in the middle range of other counties in the area. The county with the highest average number of rooms in a house in the area is Oldham County which shows an average number of rooms in a house of 7.4 (32.1% 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 1981 which is the second most year built of all the counties in the greater Trimble County region. The county with the highest year built in the area is Oldham County which depicts a year built of 1992 ( 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 17% of the total and is ranked #3. Only #2 Clark County (17%), and #1 Oldham County (24%) are larger. Second, it has the smallest proportion of homes built between 1990 to 1999 at 8% of the total. Third, it has less than most other counties in the area in order of 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 smallest proportion of owner housing units at 801 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 50 or more units at 28% of the total and is ranked #1. Second, it has the largest proportion of mobile home at 0% 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 2014 or later the second smallest in order of value of homes built 2014 or later of all the other counties in the greater region at $62,600 of the total. Second, it has in the mid range of other counties in the greater region in order of value of homes built 2010 to 2013 at $161,100 of the total. Third, it has the second smallest in order of value of homes built 2014 or later of all the other counties in the greater region as measured by value of homes built 2000 to 2009 at $96,500 of the total. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $156,800 of the total and is ranked #2. The only larger county being Oldham County with $230,700. In addition, it has the smallest proportion of value of homes built 1970 to 1979 at $82,500 of the total. Furthermore, it has the second smallest when sorted by value of homes built 2014 or later of all the other counties in the metro area as measured by value of homes built 1960 to 1969 at $105,400 of the total. Next it has one of the largest proportions of value of homes built 1950 to 1959 at $141,700 of the total and is ranked #2. The only larger county being Oldham County with $148,300. Additionally, it has the smallest proportion of value of homes built 1940 to 1949 at $86,600 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 Trimble County residents. it has a Owner-Household Size of 2.5 which is the second smallest when ranked by homeowner household size of all the other counties in the metropolitan area. The county with the highest homeowner household size in the area is Oldham County which depicts a homeowner household size of 3.0 (22.6% larger).

Figure 37 shows the household size for renters. Trimble County shows it has a Renter-Household Size of 2.3 which is the second smallest in terms of renter household size of all the other counties in the metropolitan area. The county with the highest renter household size in the area is Henry County which depicts a renter household sizes of 2.8 (22.9% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2017 or later the second smallest when ranked by owners moved in 2017 or later of all the other counties in the metropolitan area at 6% of the total. Figure 39 shows the year that people who rent moved into the area. Trimble County has the largest proportion of renters moved in 2017 or later at 43% of the total and is ranked #1. Second, it has the smallest proportion of renters moved in 2015 to 2016 at 16% of the total. Third, it has one of the largest proportions of renters moved in 2010 to 2014 at 17% of the total and is ranked #2. The only larger county being Henry County with 18%. Also, it has the largest proportion of renters moved in 1990 to 1999 at 8% 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 2002 which is less than most other counties in the metro area. Figure 41 compares the median year that renters moved into their home. Trimble County depicts it has a Renter Median Year Moved In of 2015 which is the most of all counties in the surrounding 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 62% of the total and is ranked #2. The only larger county being Jefferson County with 67%. Second, it has the largest proportion of home using electricity at 4% of the total and is ranked #1. Third, it has the largest proportion of homes using coal or coke at 8% of the total and is ranked #1. Also, it has the largest proportion of homes using solar energy at 1% of the total and is ranked #1.

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 Trimble County housing department, Kentucky department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Trimble County indicates it has a Total In Group Quarters of 56 which is the smallest when ranked by total people living in group quarters of all the other counties in the greater region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Trimble County 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.) Trimble County 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.