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Marion, KY Housing

 
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As of 2010-2014, median price of a house in Marion is $65,000, which is much lower than the state average of $121,600 and is much lower than the national average of $175,700. The Marion median house value has grown by 38.30% since 2000. The growth rate for the price of a house in Marion is about the same as the state average rate of 40.25% and is lower than the national average rate of 46.91%. The median year that a house in Marion was built is 1970, which is older than the median year for a house built in the state which is 1978 and is older than the median year for a house built in the USA which is 1976.

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 916 Owner Occupied Houses in Marion, KY, #409
Marion, KY
65,000 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #194
Marion, KY
38.30%
Kentucky
40.25%
U.S.
46.91%
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

 Marion, KYKentuckyU.S.
Total Housing Units1,588, see rank, 100%1,938,836132,741,033
Occupied Housing Units1,335, 84.07%, see rank87.80%87.55%
Owner Occupied916, 57.68%, see rank59.42%56.34%
Renter Occupied419, 26.39%, see rank28.38%31.21%
Vacant Housing Units253, 15.93%, see rank12.20%12.45%
For Rent0, 0.00%, see rank2.04%2.34%
For Sale Only59, 3.72%, see rank1.33%1.20%
Rented or Sold, Not Occupied24, 1.51%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use54, 3.40%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant116, 7.30%, see rank4.97%4.00%

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

Year Structure Built

Median Built Year, #282
Marion, KYKentuckyU.S.
197019781976

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

 Marion, KY%KentuckyU.S.
Owner-Occupied Units916100%1,152,01274,787,460
With a Mortgage46050.22%, see rank60.42%65.58%
Without a Mortgage45649.78%, see rank39.58%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
Marion, KY
772 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMarion, KY%KentuckyU.S.
$299 or Less00.00%, see rank0.45%0.20%
$300 to $4996714.57%, see rank4.00%1.59%
$500 to $69910823.48%, see rank10.65%5.01%
$700 to $99915633.91%, see rank24.79%14.32%
$1,000 to $1,4998718.91%, see rank34.58%27.90%
$1,500 to $1,999296.30%, see rank14.86%20.35%
$2,000 to $2,999132.83%, see rank8.07%19.52%
$3,000 or More00.00%, see rank2.60%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Marion, KY
21.90% 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
 Marion, KY%KentuckyU.S.
10% or Less326.96%, see rank7.42%5.86%
10% to 20%18440.00%, see rank38.63%31.95%
20% to 30%10021.74%, see rank26.40%27.64%
30% to 40%265.65%, see rank11.52%13.74%
40% or More11825.65%, see rank15.53%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
Marion, KY
270 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMarion, KY%KentuckyU.S.
$199 or Less13730.04%, see rank15.39%7.76%
$200 to $29915934.87%, see rank25.19%14.70%
$300 to $49912727.85%, see rank40.30%34.63%
$500 to $699102.19%, see rank13.29%21.16%
$700 or More235.04%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Marion, KY
14.30% 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
 Marion, KY%KentuckyU.S.
10% or Less17337.94%, see rank45.97%40.19%
10% to 20%16435.96%, see rank30.79%31.47%
20% to 30%6915.13%, see rank10.69%12.24%
30% to 40%00.00%, see rank4.50%5.64%
40% or More398.55%, see rank6.79%9.16%

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

Units in Structure

 Marion, KYKentuckyU.S.
Total Housing Units1,588, 100%1,938,836132,741,033
1-unit, Detached1,214, 76.45%, see rank67.21%61.65%
1-unit, Attached0, 0.00%, see rank2.45%5.82%
2 Units24, 1.51%, see rank3.05%3.75%
3 or 4 Units85, 5.35%, see rank4.01%4.43%
5 to 9 Units36, 2.27%, see rank4.66%4.78%
10 or More Units11, 0.69%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.218, 13.73%, see rank12.23%6.49%

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

Rooms

 Marion, KYKentuckyU.S.
Total Housing Units1,588, 100%1,938,836132,741,033
1 Room10, 0.63%, see rank1.31%1.95%
2 Rooms10, 0.63%, see rank1.58%2.48%
3 Rooms37, 2.33%, see rank6.92%9.13%
4 Rooms345, 21.73%, see rank16.56%16.60%
5 Rooms393, 24.75%, see rank22.96%20.41%
6 Rooms462, 29.09%, see rank19.01%18.06%
7 Rooms217, 13.66%, see rank12.52%12.27%
8 Rooms75, 4.72%, see rank8.32%8.48%
9 Rooms or More39, 2.46%, see rank10.81%10.60%
Median Rooms5.50, see rank5.505.50

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

Bedrooms

 Marion, KYKentuckyU.S.
Total Housing Units1,588, 100%1,938,836132,741,033
No Bedroom10, 0.63%, see rank1.42%2.17%
1 Bedroom47, 2.96%, see rank8.44%11.16%
2 Bedrooms726, 45.72%, see rank27.38%26.69%
3 Bedrooms631, 39.74%, see rank44.95%39.70%
4 Bedrooms174, 10.96%, see rank14.32%16.05%
5 or More Bedrooms0, 0.00%, see rank3.49%4.22%

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

House Heating Fuel

 Marion, KYKentuckyU.S.
Total Housing Units1,335, 100%1,702,235116,211,092
Utility Gas556, 41.65%, see rank38.22%48.85%
Bottled, Tank, or LP Gas58, 4.34%, see rank6.49%4.86%
Electricity650, 48.69%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.24, 1.80%, see rank1.03%5.86%
Coal or Coke0, 0.00%, see rank0.25%0.12%
Wood26, 1.95%, see rank2.95%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used21, 1.57%, see rank0.24%1.00%

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

Gross Rent

Monthly RentalMarion, KYKentuckyU.S.
Occupied Units Paying Rent392, 100%496,53639,201,928
$199 or Less11, 2.81%, see rank3.01%1.50%
$200 to $29910, 2.55%, see rank5.28%3.18%
$300 to $499203, 51.79%, see rank15.95%7.37%
$500 to $699108, 27.55%, see rank30.85%16.01%
$700 to $99952, 13.27%, see rank29.97%29.17%
$1,000 to $1,4998, 2.04%, see rank12.25%26.88%
$1,500 to $1,9990, 0.00%, see rank1.85%9.79%
$2,000 or More0, 0.00%, see rank0.83%6.10%
Median$488, see rank$667$920

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

Vehicle Available

 Marion, KYKentuckyU.S.
Occupied Housing Units1,335, 100%1,702,235116,211,092
No Vehicles Available115, 8.61%, see rank7.85%9.12%
1 Vehicles Available589, 44.12%, see rank33.49%33.80%
2 Vehicles Available421, 31.54%, see rank38.04%37.48%
3 or More Vehicles Available210, 15.73%, see rank20.62%19.61%

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


 
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