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Corbin Micro Area Housing

 

As of 2008-2012, median price of a house in Corbin Area is $70,700, which is much lower than the state average of $121,600 and is much lower than the national average of $175,700. The median year that a house in Corbin Area was built is 1979, which is newer than the median year for a house built in the state which is 1977 and is newer than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 9,067 Owner Occupied Houses in Corbin Area, #918
Corbin Area
70,700 USD
Kentucky
120,000 USD
U.S.
181,400 USD
Median House Price Growth Since 2005-2009, see rank
Corbin Area
8.10%
Kentucky
40.25%
U.S.
46.91%

*The Corbin Area median house price growth rate is since 2005-2009. The Kentucky and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2008-2012 data. View historical house value data.

Housing Occupancy

 Corbin AreaKentuckyU.S.
Total Housing Units15,166, see rank, 100%1,927,164131,704,730
Occupied Housing Units13,575, 89.51%, see rank89.25%88.62%
Owner Occupied9,454, 62.34%, see rank61.30%57.69%
Renter Occupied4,121, 27.17%, see rank27.95%30.93%
Vacant Housing Units1,591, 10.49%, see rank10.75%11.38%
For Rent358, 2.36%, see rank2.96%3.14%
For Sale Only183, 1.21%, see rank1.42%1.44%
Rented or Sold, Not Occupied104, 0.69%, see rank0.61%0.48%
For Seasonal, Recreational, or Occasional Use208, 1.37%, see rank2.00%3.53%
For Migrant Workers1, 0.01%, see rank0.03%0.02%
Other Vacant737, 4.86%, see rank3.73%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #282
Corbin AreaKentuckyU.S.
197919771975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2008-2012 data. View historical year structure built data.

Mortgage Status

 Corbin Area%KentuckyU.S.
Owner-Occupied Units9,067100%1,162,20775,484,661
With a Mortgage4,56950.39%, see rank61.79%67.13%
Without a Mortgage4,49849.61%, see rank38.21%32.87%

*Based on 2008-2012 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Corbin Area
889 USD
Kentucky
1,120 USD
U.S.
1,559 USD

Owner Costs Distribution
Monthly Owner CostsCorbin Area%KentuckyU.S.
$299 or Less380.83%, see rank0.48%0.18%
$300 to $4994199.17%, see rank4.37%1.59%
$500 to $69994820.75%, see rank10.99%4.89%
$700 to $9991,44031.52%, see rank24.64%13.71%
$1,000 to $1,4991,12024.51%, see rank33.73%26.97%
$1,500 to $1,9994399.61%, see rank14.77%20.33%
$2,000 to $2,9991272.78%, see rank8.24%20.10%
$3,000 or More380.83%, see rank2.78%12.24%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Corbin Area
23.10% of the Total Income
Kentucky
21.70% of the Total Income
U.S.
24.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Corbin Area%KentuckyU.S.
10% or Less2806.13%, see rank6.80%5.04%
10% to 20%1,54633.84%, see rank37.31%29.70%
20% to 30%1,14925.15%, see rank27.39%28.18%
30% to 40%54912.02%, see rank12.16%14.80%
40% or More1,01422.19%, see rank15.90%21.80%

*Based on 2008-2012 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Corbin Area
251 USD
Kentucky
321 USD
U.S.
449 USD

Owner Costs Distribution
Monthly Owner CostsCorbin Area%KentuckyU.S.
$199 or Less1,28128.48%, see rank17.63%7.99%
$200 to $2991,53334.08%, see rank26.85%15.31%
$300 to $4991,23527.46%, see rank38.74%35.02%
$500 to $6993768.36%, see rank11.82%20.88%
$700 or More731.62%, see rank4.96%20.80%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Corbin Area
12.30% of the Total Income
Kentucky
11.00% of the Total Income
U.S.
12.60% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Corbin Area%KentuckyU.S.
10% or Less1,82540.57%, see rank45.65%39.10%
10% to 20%1,47432.77%, see rank30.76%31.88%
20% to 30%56212.49%, see rank10.91%12.59%
30% to 40%2645.87%, see rank4.73%5.84%
40% or More3557.89%, see rank6.79%9.41%

*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Corbin AreaKentuckyU.S.
Total Housing Units15,218, 100%1,927,916131,642,457
1-unit, Detached9,401, 61.78%, see rank67.16%61.70%
1-unit, Attached100, 0.66%, see rank2.33%5.79%
2 Units403, 2.65%, see rank3.06%3.80%
3 or 4 Units350, 2.30%, see rank3.98%4.44%
5 to 9 Units254, 1.67%, see rank4.58%4.78%
10 or More Units403, 2.65%, see rank6.35%12.89%
Mobile Home, Boat, RV, Van, etc.4,307, 28.30%, see rank12.55%6.60%

*Based on 2008-2012 data. View historical units in structure data.

Rooms

 Corbin AreaKentuckyU.S.
Total Housing Units15,218, 100%1,927,916131,642,457
1 Room50, 0.33%, see rank1.25%1.95%
2 Rooms197, 1.29%, see rank1.46%2.36%
3 Rooms790, 5.19%, see rank6.71%8.97%
4 Rooms3,321, 21.82%, see rank16.61%16.57%
5 Rooms3,593, 23.61%, see rank23.21%20.41%
6 Rooms3,245, 21.32%, see rank19.21%18.25%
7 Rooms1,969, 12.94%, see rank12.52%12.38%
8 Rooms999, 6.56%, see rank8.43%8.59%
9 Rooms or More1,054, 6.93%, see rank10.60%10.52%
Median Rooms5.40, see rank5.505.50

*Based on 2008-2012 data. View historical rooms data.

Bedrooms

 Corbin AreaKentuckyU.S.
Total Housing Units15,218, 100%1,927,916131,642,457
No Bedroom50, 0.33%, see rank1.35%2.16%
1 Bedroom983, 6.46%, see rank8.36%11.12%
2 Bedrooms5,027, 33.03%, see rank27.62%26.85%
3 Bedrooms6,953, 45.69%, see rank45.04%39.76%
4 Bedrooms1,761, 11.57%, see rank14.22%15.95%
5 or More Bedrooms444, 2.92%, see rank3.41%4.16%

*Based on 2008-2012 data. View historical bedrooms data.

House Heating Fuel

 Corbin AreaKentuckyU.S.
Total Housing Units13,330, 100%1,691,716115,226,802
Utility Gas4,750, 35.63%, see rank39.50%49.42%
Bottled, Tank, or LP Gas786, 5.90%, see rank6.78%5.03%
Electricity6,841, 51.32%, see rank48.96%35.51%
Fuel Oil, Kerosene, etc.136, 1.02%, see rank1.21%6.46%
Coal or Coke167, 1.25%, see rank0.30%0.12%
Wood550, 4.13%, see rank2.78%2.08%
Solar Energy0, 0.00%, see rank0.02%0.04%
Other Fuel56, 0.42%, see rank0.28%0.43%
No Fuel Used44, 0.33%, see rank0.18%0.90%

*Based on 2008-2012 data. View historical house heating fuel data.

Gross Rent

Monthly RentalCorbin AreaKentuckyU.S.
Occupied Units Paying Rent3,432, 100%476,57837,562,111
$199 or Less89, 2.59%, see rank3.70%1.76%
$200 to $299317, 9.24%, see rank5.62%3.29%
$300 to $499925, 26.95%, see rank18.37%8.20%
$500 to $6991,361, 39.66%, see rank31.48%17.39%
$700 to $999524, 15.27%, see rank28.08%29.40%
$1,000 to $1,499185, 5.39%, see rank10.46%25.73%
$1,500 to $1,99931, 0.90%, see rank1.53%8.92%
$2,000 or More0, 0.00%, see rank0.76%5.30%
Median$552, see rank$638$889

*Based on 2008-2012 data. View historical gross rent data.

Vehicle Available

 Corbin AreaKentuckyU.S.
Occupied Housing Units13,330, 100%1,691,716115,226,802
No Vehicles Available1,360, 10.20%, see rank7.84%9.03%
1 Vehicles Available4,314, 32.36%, see rank33.20%33.67%
2 Vehicles Available5,177, 38.84%, see rank38.13%37.64%
3 or More Vehicles Available2,479, 18.60%, see rank20.84%19.66%

*Based on 2008-2012 data. View historical vehicle available data.


 
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