Trimble County Area Home Supply Charts

This page looks at a variety of Trimble County 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. Trimble County depicts it has a Housing Units of 3,856 which is the smallest when ranked by housing units of all the other counties in the metro area.

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 25.4 which is the second smallest as measured by housing density of all the other counties in the local area. The county with the highest housing density in the area is Clark County which depicts a density of 138.9 ( considerably bigger). Comparing housing density to the United States average of 39.5, Trimble County is approximately three-fourths the size. Also, compared to the state of Kentucky, housing density of 50.5, 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 -1.9% which is the smallest in terms of change in the housing units of all the 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 10.7% ( markedly bigger). Comparing change in the housing units to the United States average of 7.4%, Trimble County is about the same size. Also, compared to the state of Kentucky, change in the housing units of 3.2%, Trimble County 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.) Trimble County depicts it has a Renter Percent of 21.7% which is the second smallest in order of renter percent of all the other counties in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 78.3% 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 $132,500 which is less than most other counties in the local area. The county with the highest median home price in the area is Oldham County which depicts a home price of $314,300 (approximately 2.4 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 depicts it has a Median Gross Rent of $769 which is in the mid range of other counties in the greater region. The county with the highest rental rates in the area is Oldham County which indicates a rental rates of $1,032 (34.2% larger). Comparing rental rates to the United States average of $1,163, Trimble County is approximately three-fourths the size. Also, in comparison with the state of Kentucky, rental rates of $826, Trimble County is about 7.4% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Trimble County has one of the largest proportions of home price worth less than $50,000 at 22% of the total and is ranked #3. Only #2 Scott County (33%), and #1 Carroll County (34%) are larger. Second, it has the smallest proportion of home price worth between $400,000 to $500,000 at 1% 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 $683 which is the second smallest as measured by median ownership cost of all the other counties in the local 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 17% which is at the top of all other counties in the greater Trimble County 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 shows it has a Median Home Value as Percent of Median Earnings of 317% which is less than most other counties in the local 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 depicts it has a Median Owner Costs-With Mortgage of $1,211 which is the third most median housing cost of all other counties in the greater Trimble County 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 $404 which is the second smallest when ranked by median housing cost of all the other counties 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. Trimble County has one of the largest proportions of owner cost less than $300 at 25% of the total and is ranked #2. The only larger county being Carroll County with 28%. Second, it has the smallest proportion of owner cost between $1,500 and $2,000 at 0% 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 19% which is the third most of all other counties in the metro area. The county with the highest cost as a percent of household income in the area is Henry County which shows a cost as a percent of household income of 20% (only about 4.7% 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 shows it has a % of Income Owner Costs-No Mortgage of 13% 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 Carroll County which shows a cost as a percent of household income of 13% (only about 3.2% 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 the largest proportion of rent as a percent of income is less than 10 pct at 40% of the total and is ranked #1. Second, it has the smallest proportion of rent as a percent of income is between 10pct to 20pct at 22% of the total. Third, it has the smallest proportion of rent as a percent of income is between 30pct to 40pct at 1% of the total. Also, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 8% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Trimble County has the smallest proportion of housing cost between $1,500 and $2,000 at 0% 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 $1,038 which is less than most other counties in the local area. The county with the highest median real estate taxes paid in the area is Oldham County which shows a taxes paid of $3,058 (approximately 2.9 times bigger). Comparing median real estate taxes paid to the United States average of $2,690, Trimble County is approximately a third the size. Also, in comparison with the state of Kentucky, median real estate taxes paid of $1,320, Trimble County is approximately three-fourths the size.

Trimble County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Trimble County has the smallest proportion of With mortgage at 42% of the total. Second, it has the largest proportion of Primary Mortgage and HELOC at 2% of the total and is ranked #1. Third, it has one of the largest proportions of With HELOC no Primary Mortgage at 49% of the total and is ranked #2. The only larger county being Carroll County with 53%.

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 49% of the total and is ranked #2. The only larger county being Carroll County with 53%.

Trimble County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.2 which is less than most other counties in the metro area. The county with the highest family members per housing unit in the area is Henry County which shows a family members per housing unit of 3.3 ( only slightly larger). Comparing family members per housing unit to the United States average of 3.3, Trimble County is only about 2.1% smaller. Also, versus the state of Kentucky, family members per housing unit of 3.2, Trimble County is only slightly 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 5.8 which is the third most average number of rooms in a house of all other counties in the greater Trimble County region. The county with the highest average number of rooms in a house in the area is Oldham County which depicts an average number of rooms in a house of 7.5 (29.3% 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 1984 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 in 2020 or later at 7% of the total and is ranked #3. Only #2 Oldham County (9%), and #1 Clark County (9%) are larger. Second, it has the second smallest in terms of homes built in 2020 or later of all the other counties in the local area when sorted by homes built between 2010 to 2019 at 12% of the total. Third, it has the largest proportion of homes built between 2000 to 2009 at 23% of the total and is ranked #1. Also, it has less than most other counties in the local 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 703 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 smallest proportion of one unit detached at 1% of the total. Second, it has the smallest proportion of 2 units at 2% of the total. Third, it has the largest proportion of 50 or more units at 27% 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. it has one of the largest proportions of value of homes built 2014 or later at $362,500 of the total and is ranked #2. The only larger county being Oldham County with $449,800. Second, it has the second smallest when sorted by value of homes built 2014 or later of all the other counties in the greater region as measured by value of homes built 2010 to 2013 at $156,700 of the total. Third, it has in the mid range of other counties in the local area in terms of value of homes built 2000 to 2009 at $139,800 of the total. Also, it has the smallest proportion of value of homes built 1990 to 1999 at $92,700 of the total. In addition, it has one of the largest proportions of value of homes built 1980 to 1989 at $167,300 of the total and is ranked #2. The only larger county being Oldham County with $256,200. Furthermore, it has the smallest proportion of value of homes built 1970 to 1979 at $85,800 of the total. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $120,900 of the total and is ranked #3. Only #2 Henry County ($144,900), and #1 Oldham County ($170,900) are larger. Additionally, it has the second smallest when sorted by value of homes built 2014 or later of all the other counties in the greater region as measured by value of homes built 1950 to 1959 at $108,600 of the total. And then, it has less than most other counties in the surrounding region when ranked by value of homes built 1940 to 1949 at $101,000 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. it has the largest proportion of occupied housing units at 16% 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 Trimble County residents. it has a Owner-Household Size of 2.6 which is less than most other counties in the local area. The county with the highest homeowner household size in the area is Oldham County which indicates a homeowner household size of 3.0 (15.0% larger).

Figure 37 shows the household size for renters. Trimble County depicts it has a Renter-Household Size of 2.7 which is the second most renter household sizes of all the counties in the greater Trimble County region. The county with the highest renter household size in the area is Henry County which shows a renter household sizes of 2.7 ( only slightly larger). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2019 or later at 19% of the total. Figure 39 shows the year that people who rent moved into the area. Trimble County has the smallest proportion of renters moved in 2015 to 2018 at 9% of the total. Second, it has the smallest proportion of renters moved in 2010 to 2014 at 6% of the total. Third, it has the largest proportion of renters moved in 1990 to 1999 at 4% 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 2004 which is the second smallest when sorted by median year that a home owner moved in of all the other counties in the surrounding region. Figure 41 compares the median year that renters moved into their home. Trimble County shows it has a Renter Median Year Moved In of 2017 which is the highest of all counties in the greater Trimble County 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 59% of the total and is ranked #3. Only #2 Scott County (61%), and #1 Jefferson County (66%) are larger. 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 6% of the total and is ranked #1. Also, it has the largest proportion of homes using solar energy at 2% 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 depicts it has a Total In Group Quarters of 47 which is the smallest in order of total people living in group quarters of all the other counties in the surrounding 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.