Sixteen Mile Stand CDP Ohio Area Home Supply Charts

This page looks at a variety of Sixteen Mile Stand CDP Ohio 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. Sixteen Mile Stand CDP depicts it has a Housing Units of 1,511 which is the third most housing units of all other places in the greater Sixteen Mile Stand CDP region.

Figure 2 illustrates the housing density in the Sixteen Mile Stand CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Sixteen Mile Stand CDP depicts it has a Housing Density of 1345.4 which is the second most housing densities of all the places in the greater Sixteen Mile Stand CDP region. The place with the highest housing density in the area is Highpoint CDP which shows a density of 1760.5 (30.8% larger). Comparing housing density to the United States average of 39.5, Sixteen Mile Stand CDP is considerably bigger. Also, measured against the state of Ohio, housing density of 127.9, Sixteen Mile Stand CDP is markedly bigger.

In Figure 4, Sixteen Mile Stand CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Sixteen Mile Stand CDP depicts it has a Housing Unit Change of 11.6% which is in the mid range of other places in the local area. The place with the highest change in the housing units in the area is Brecon CDP which depicts a housing units of 215.0% ( substantially bigger). Comparing change in the housing units to the United States average of 7.4%, Sixteen Mile Stand CDP is 56.9% larger. Also, in contrast to the state of Ohio, change in the housing units of 2.1%, Sixteen Mile Stand CDP is markedly 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.) Sixteen Mile Stand CDP shows it has a Renter Percent of 43.7% which is the highest of all places in the greater Sixteen Mile Stand CDP region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 56.3% which is the smallest as measured by owner percent of all the other places in the metro area.

Sixteen Mile Stand CDP Ohio Home Cost Charts

Looking at the housing data provided in Figure 7, the average Sixteen Mile Stand CDP home price is illustrated for this community and a useful analysis of affordable housing. Sixteen Mile Stand CDP shows it has a Median Home Value of $479,800 which is the most of all places in the greater Sixteen Mile Stand CDP region. Figure 8 provides aggregate comparative data for the Sixteen Mile Stand CDP Ohio metro area in terms of the median housing rental rate, apartment rent, etc. Sixteen Mile Stand CDP shows it has a Median Gross Rent of $1,384 which is the highest of all places in the greater Sixteen Mile Stand CDP region. Comparing rental rates to the United States average of $1,163, Sixteen Mile Stand CDP is 19.0% larger. Also, compared to the state of Ohio, rental rates of $870, Sixteen Mile Stand CDP is 59.1% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Sixteen Mile Stand CDP has the percentage of home price worth between $50,000 to $100,000 the second smallest when sorted by home price worth less than $50,000 of all the other places in the local area at 1% of the total. Second, it has one of the largest proportions of home price worth between $300,000 to $400,000 at 34% of the total and is ranked #2. The only larger place being Remington CDP with 36%. Third, it has the largest proportion of home price worth between $400,000 to $500,000 at 33% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $500,000 to $750,000 at 10% 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. Sixteen Mile Stand CDP shows it has a Median Owner Cost of $2,298 which is more than all other places in the greater Sixteen Mile Stand CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Sixteen Mile Stand CDP metro area. it has a Owner Cost as % of HH Income of 18% which is the second most of all the places in the local area. 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. Sixteen Mile Stand CDP shows it has a Median Home Value as Percent of Median Earnings of 527% which is the largest of all places in the greater Sixteen Mile Stand CDP 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.) Sixteen Mile Stand CDP shows it has a Median Owner Costs-With Mortgage of $2,477 which is at the top of all other places in the greater Sixteen Mile Stand CDP 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 $1,042 which is the most of all places in the greater Sixteen Mile Stand CDP 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. Sixteen Mile Stand CDP has the smallest proportion of owner cost between $300 and $500 at 2% of the total. Second, it has less than most other places in the surrounding region in order of owner cost between $500 and $700 at 9% of the total. Third, it has the second smallest when sorted by owner cost less than $300 of all the other places in the local area when ranked by owner cost between $700 and $1,000 at 10% of the total. Also, it has the second smallest when sorted by owner cost less than $300 of all the other places in the local area when sorted by owner cost between $1,000 and $1,500 at 8% of the total. In addition, it has the largest proportion of owner cost between $1,500 and $2,000 at 35% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $3,000 and $3,500 at 9% of the total and is ranked #1. Next it has the largest proportion of owner cost between $3,500 and $4,000 at 12% 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.) Sixteen Mile Stand CDP indicates it has a % of Income Owner Costs-With Mortgage of 18% which is the third most of all other places in the area. The place with the highest cost as a percent of household income in the area is Loveland which depicts a cost as a percent of household income of 19% (only about 5.0% 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. Sixteen Mile Stand CDP depicts it has a % of Income Owner Costs-No Mortgage of 13% which is the second most of all the places in the surrounding region. The place with the highest cost as a percent of household income in the area is Loveland which shows a cost as a percent of household income of 14% (7.0% 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.) Sixteen Mile Stand CDP has one of the largest proportions of rent as a percent of income is less than 10 pct at 30% of the total and is ranked #2. The only larger place being Remington CDP with 100%. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 36% of the total and is ranked #2. The only larger place being Loveland Park CDP with 48%. Third, it has less than most other places in the metro area when ranked by rent as a percent of income is between 20pct to 30pct at 2% of the total. Also, it has in the mid range of other places in the local area when ranked by rent as a percent of income is between 40pct to 50pct at 21% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Sixteen Mile Stand CDP has the smallest proportion of housing cost between $300 and $500 at 1% of the total. Second, it has the largest proportion of housing cost between $700 and $1,000 at 32% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $1,500 and $2,000 at 20% 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 $8,615 which is the largest of all places in the greater Sixteen Mile Stand CDP region. Comparing median real estate taxes paid to the United States average of $2,690, Sixteen Mile Stand CDP is approximately 3.2 times bigger. Also, measured against the state of Ohio, median real estate taxes paid of $2,447, Sixteen Mile Stand CDP is approximately 3.5 times bigger.

Figure 23 shows the rental rate distribution for this area. Sixteen Mile Stand CDP Ohio has one of the largest proportions of rent between 500 and 750 dollars at 3% of the total and is ranked #3. Only #2 Loveland (27%), and #1 Remington CDP (100%) are larger. Second, it has the largest proportion of rent between 750 and 1000 dollars at 61% of the total and is ranked #1. Third, it has the largest proportion of rent between 1000 and 1500 dollars at 25% of the total and is ranked #1. Also, it has the largest proportion of rent between $1,500 and $2,500 at 3% of the total and is ranked #1.

Sixteen Mile Stand CDP Ohio Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Sixteen Mile Stand CDP has the largest proportion of No 2nd Mortgage or HELOC at 17% of the total and is ranked #1. Second, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 15% of the total and is ranked #1. Third, it has the second smallest in order of With Mortgage of all the other places in the area in order of With HELOC no Primary Mortgage at 25% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Sixteen Mile Stand CDP has the percentage of houses with mortgages the second smallest in order of houses with a mortgage of all the other places in the metropolitan area at 25% of the total.

Sixteen Mile Stand CDP Ohio 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 terms of family members per housing unit of all the other places in the metro area. The place with the highest family members per housing unit in the area is Brecon CDP which depicts a family members per housing unit of 4.3 (41.2% larger). Comparing family members per housing unit to the United States average of 3.3, Sixteen Mile Stand CDP is about 7.8% smaller. Also, measured against the state of Ohio, family members per housing unit of 3.1, Sixteen Mile Stand CDP 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 7.5 which is the third most average number of rooms in a house of all other places in the greater Sixteen Mile Stand CDP region. The place with the highest average number of rooms in a house in the area is Montgomery which shows an average number of rooms in a house of 8.1 (8.0% 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 third most year built of all other places in the greater Sixteen Mile Stand CDP region. The place with the highest year built in the area is Brecon CDP which depicts a year built of 2000 ( 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 2010 to 2019 in the center range of other places in the area at 7% of the total. Second, it has in the mid range of other places in the local area as measured by homes built between 2000 to 2009 at 12% of the total. Third, it has the largest proportion of homes built between 1990 to 1999 at 44% of the total and is ranked #1. Also, it has one of the largest proportions of homes built between 1980 to 1989 at 28% of the total and is ranked #3. Only #2 Montgomery (40%), and #1 Remington CDP (52%) are larger. In addition, it has the second smallest when ranked by homes built in 2020 or later of all the other places in the area in terms of homes built between 1970 to 1979 at 5% of the total. Furthermore, it has the smallest proportion of homes built between 1960 to 1969 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. it has one of the largest proportions of owner housing units at 622 of the total and is ranked #2. The only larger place being Loveland with 1,527.

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 2 units at 22% 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 2000 to 2009 at $580,900 of the total and is ranked #2. The only larger place being Montgomery with $662,000. Second, it has the largest proportion of value of homes built 1990 to 1999 at $485,200 of the total and is ranked #1. Third, it has one of the largest proportions of value of homes built 1980 to 1989 at $286,600 of the total and is ranked #3. Only #2 Montgomery ($385,900), and #1 Remington CDP ($468,100) 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 Sixteen Mile Stand CDP residents. it has a Owner-Household Size of 2.9 which is the second most homeowner household size of all the places in the greater Sixteen Mile Stand CDP region. The place with the highest homeowner household size in the area is Remington CDP which depicts a homeowner household size of 2.9 ( about the same size).

Figure 37 shows the household size for renters. Sixteen Mile Stand CDP depicts it has a Renter-Household Size of 2.1 which is in the mid point range of other places in the surrounding region. The place with the highest renter household size in the area is Brecon CDP which depicts a renter household sizes of 4.5 (about twice as large). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later less than most other places in the metro area at 24% of the total. Second, it has the second smallest when ranked by owners moved in 2019 or later of all the other places in the metropolitan area in order of owners moved in 2010 to 2014 at 9% of the total. Third, it has the largest proportion of owners moved in 1990 to 1999 at 26% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Sixteen Mile Stand CDP has the percentage of renters moved in 2019 or later less than most other places in the metro area at 44% of the total. Second, it has one of the largest proportions of renters moved in 2015 to 2018 at 32% of the total and is ranked #3. Only #2 Highpoint CDP (59%), and #1 Loveland Park CDP (70%) are larger. Third, it has one of the largest proportions of renters moved in 1990 to 1999 at 1% of the total and is ranked #2. The only larger place being Highpoint CDP with 32%.

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 the smallest in order of median year that a home owner moved in of all the other places in the local area. Figure 41 compares the median year that renters moved into their home. Sixteen Mile Stand CDP depicts it has a Renter Median Year Moved In of 2016 which is ranked #1 of all places in the greater Sixteen Mile Stand CDP 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 46% of the total and is ranked #2. The only larger place being Loveland Park CDP with 47%.