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Frankfort Micro Area Housing

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As of 2010-2014, median price of a house in Frankfort Area is $137,000, which is higher than the state average of $121,600 and is lower than the national average of $175,700. The median year that a house in Frankfort Area was built is 1979, which is about the same as the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 19,426 Owner Occupied Houses in Frankfort Area, #346

Frankfort Area	137,000 USD
Kentucky	121,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Frankfort Area	2.85%
Kentucky	40.25%
U.S.	46.91%

*The Frankfort 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 2010-2014 data. View historical house value data.

Housing Occupancy

	Frankfort Area	Kentucky	U.S.
Total Housing Units	32,405, see rank, 100%	1,938,836	132,741,033
Occupied Housing Units	29,418, 90.78%, see rank	87.80%	87.55%
Owner Occupied	19,426, 59.95%, see rank	59.42%	56.34%
Renter Occupied	9,992, 30.83%, see rank	28.38%	31.21%
Vacant Housing Units	2,987, 9.22%, see rank	12.20%	12.45%
For Rent	823, 2.54%, see rank	2.04%	2.34%
For Sale Only	555, 1.71%, see rank	1.33%	1.20%
Rented or Sold, Not Occupied	72, 0.22%, see rank	1.59%	0.92%
For Seasonal, Recreational, or Occasional Use	254, 0.78%, see rank	2.24%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	1,283, 3.96%, see rank	4.97%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #299

Frankfort Area	Kentucky	U.S.
1979	1978	1976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Frankfort Area	%	Kentucky	U.S.
Owner-Occupied Units	19,426	100%	1,152,012	74,787,460
With a Mortgage	13,373	68.84%, see rank	60.42%	65.58%
Without a Mortgage	6,053	31.16%, see rank	39.58%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Frankfort Area	1,174 USD
Kentucky	1,124 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Frankfort Area	%	Kentucky	U.S.
$299 or Less	14	0.10%, see rank	0.45%	0.20%
$300 to $499	275	2.06%, see rank	4.00%	1.59%
$500 to $699	979	7.32%, see rank	10.65%	5.01%
$700 to $999	3,008	22.49%, see rank	24.79%	14.32%
$1,000 to $1,499	5,784	43.25%, see rank	34.58%	27.90%
$1,500 to $1,999	2,199	16.44%, see rank	14.86%	20.35%
$2,000 to $2,999	933	6.98%, see rank	8.07%	19.52%
$3,000 or More	181	1.35%, see rank	2.60%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Frankfort Area	21.80% of the Total Income
Kentucky	21.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Frankfort Area	%	Kentucky	U.S.
10% or Less	931	6.96%, see rank	7.42%	5.86%
10% to 20%	4,867	36.39%, see rank	38.63%	31.95%
20% to 30%	3,879	29.01%, see rank	26.40%	27.64%
30% to 40%	1,689	12.63%, see rank	11.52%	13.74%
40% or More	1,935	14.47%, see rank	15.53%	20.29%

*Based on 2010-2014 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

Frankfort Area	360 USD
Kentucky	336 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Frankfort Area	%	Kentucky	U.S.
$199 or Less	513	8.48%, see rank	15.39%	7.76%
$200 to $299	1,369	22.62%, see rank	25.19%	14.70%
$300 to $499	2,881	47.60%, see rank	40.30%	34.63%
$500 to $699	959	15.84%, see rank	13.29%	21.16%
$700 or More	331	5.47%, see rank	5.82%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Frankfort Area	10.00% of the Total Income
Kentucky	10.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Frankfort Area	%	Kentucky	U.S.
10% or Less	3,246	53.63%, see rank	45.97%	40.19%
10% to 20%	1,650	27.26%, see rank	30.79%	31.47%
20% to 30%	510	8.43%, see rank	10.69%	12.24%
30% to 40%	154	2.54%, see rank	4.50%	5.64%
40% or More	433	7.15%, see rank	6.79%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Frankfort Area	Kentucky	U.S.
Total Housing Units	32,405, 100%	1,938,836	132,741,033
1-unit, Detached	22,635, 69.85%, see rank	67.21%	61.65%
1-unit, Attached	495, 1.53%, see rank	2.45%	5.82%
2 Units	2,104, 6.49%, see rank	3.05%	3.75%
3 or 4 Units	1,696, 5.23%, see rank	4.01%	4.43%
5 to 9 Units	1,587, 4.90%, see rank	4.66%	4.78%
10 or More Units	1,850, 5.71%, see rank	6.39%	13.08%
Mobile Home, Boat, RV, Van, etc.	2,038, 6.29%, see rank	12.23%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Frankfort Area	Kentucky	U.S.
Total Housing Units	32,405, 100%	1,938,836	132,741,033
1 Room	263, 0.81%, see rank	1.31%	1.95%
2 Rooms	415, 1.28%, see rank	1.58%	2.48%
3 Rooms	2,744, 8.47%, see rank	6.92%	9.13%
4 Rooms	5,010, 15.46%, see rank	16.56%	16.60%
5 Rooms	7,488, 23.11%, see rank	22.96%	20.41%
6 Rooms	6,820, 21.05%, see rank	19.01%	18.06%
7 Rooms	4,267, 13.17%, see rank	12.52%	12.27%
8 Rooms	2,426, 7.49%, see rank	8.32%	8.48%
9 Rooms or More	2,972, 9.17%, see rank	10.81%	10.60%
Median Rooms	5.50, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Frankfort Area	Kentucky	U.S.
Total Housing Units	32,405, 100%	1,938,836	132,741,033
No Bedroom	286, 0.88%, see rank	1.42%	2.17%
1 Bedroom	3,199, 9.87%, see rank	8.44%	11.16%
2 Bedrooms	7,455, 23.01%, see rank	27.38%	26.69%
3 Bedrooms	16,644, 51.36%, see rank	44.95%	39.70%
4 Bedrooms	3,884, 11.99%, see rank	14.32%	16.05%
5 or More Bedrooms	937, 2.89%, see rank	3.49%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Frankfort Area	Kentucky	U.S.
Total Housing Units	29,418, 100%	1,702,235	116,211,092
Utility Gas	11,955, 40.64%, see rank	38.22%	48.85%
Bottled, Tank, or LP Gas	1,377, 4.68%, see rank	6.49%	4.86%
Electricity	15,258, 51.87%, see rank	50.50%	36.68%
Fuel Oil, Kerosene, etc.	135, 0.46%, see rank	1.03%	5.86%
Coal or Coke	17, 0.06%, see rank	0.25%	0.12%
Wood	602, 2.05%, see rank	2.95%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	54, 0.18%, see rank	0.30%	0.47%
No Fuel Used	20, 0.07%, see rank	0.24%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Frankfort Area	Kentucky	U.S.
Occupied Units Paying Rent	9,239, 100%	496,536	39,201,928
$199 or Less	102, 1.10%, see rank	3.01%	1.50%
$200 to $299	179, 1.94%, see rank	5.28%	3.18%
$300 to $499	1,061, 11.48%, see rank	15.95%	7.37%
$500 to $699	3,296, 35.67%, see rank	30.85%	16.01%
$700 to $999	3,412, 36.93%, see rank	29.97%	29.17%
$1,000 to $1,499	1,045, 11.31%, see rank	12.25%	26.88%
$1,500 to $1,999	83, 0.90%, see rank	1.85%	9.79%
$2,000 or More	61, 0.66%, see rank	0.83%	6.10%
Median	$699, see rank	$667	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Frankfort Area	Kentucky	U.S.
Occupied Housing Units	29,418, 100%	1,702,235	116,211,092
No Vehicles Available	1,406, 4.78%, see rank	7.85%	9.12%
1 Vehicles Available	9,999, 33.99%, see rank	33.49%	33.80%
2 Vehicles Available	12,103, 41.14%, see rank	38.04%	37.48%
3 or More Vehicles Available	5,910, 20.09%, see rank	20.62%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.