USA.com / Kentucky / Campbell County / Melbourne, KY / Housing

Melbourne, KY Housing

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As of 2010-2014, median price of a house in Melbourne is $120,500, which is about the same as the state average of $121,600 and is lower than the national average of $175,700. The Melbourne median house value has grown by 26.84% since 2000. The growth rate for the price of a house in Melbourne is lower than 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 Melbourne was built is 1950, 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 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 116 Owner Occupied Houses in Melbourne, KY, #165

Melbourne, KY	120,500 USD
Kentucky	121,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #305

Melbourne, KY	26.84%
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

	Melbourne, KY	Kentucky	U.S.
Total Housing Units	168, see rank, 100%	1,938,836	132,741,033
Occupied Housing Units	130, 77.38%, see rank	87.80%	87.55%
Owner Occupied	116, 69.05%, see rank	59.42%	56.34%
Renter Occupied	14, 8.33%, see rank	28.38%	31.21%
Vacant Housing Units	38, 22.62%, see rank	12.20%	12.45%
For Rent	4, 2.38%, see rank	2.04%	2.34%
For Sale Only	2, 1.19%, see rank	1.33%	1.20%
Rented or Sold, Not Occupied	7, 4.17%, see rank	1.59%	0.92%
For Seasonal, Recreational, or Occasional Use	7, 4.17%, see rank	2.24%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	18, 10.71%, see rank	4.97%	4.00%

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

Year Structure Built

Median Built Year, #478

Melbourne, KY	Kentucky	U.S.
1950	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

	Melbourne, KY	%	Kentucky	U.S.
Owner-Occupied Units	116	100%	1,152,012	74,787,460
With a Mortgage	72	62.07%, see rank	60.42%	65.58%
Without a Mortgage	44	37.93%, 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

Melbourne, KY	1,022 USD
Kentucky	1,124 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Melbourne, KY	%	Kentucky	U.S.
$299 or Less	0	0.00%, see rank	0.45%	0.20%
$300 to $499	1	1.39%, see rank	4.00%	1.59%
$500 to $699	4	5.56%, see rank	10.65%	5.01%
$700 to $999	29	40.28%, see rank	24.79%	14.32%
$1,000 to $1,499	29	40.28%, see rank	34.58%	27.90%
$1,500 to $1,999	9	12.50%, see rank	14.86%	20.35%
$2,000 to $2,999	0	0.00%, see rank	8.07%	19.52%
$3,000 or More	0	0.00%, see rank	2.60%	11.12%

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

Melbourne, KY	22.50% 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

	Melbourne, KY	%	Kentucky	U.S.
10% or Less	3	4.17%, see rank	7.42%	5.86%
10% to 20%	27	37.50%, see rank	38.63%	31.95%
20% to 30%	22	30.56%, see rank	26.40%	27.64%
30% to 40%	6	8.33%, see rank	11.52%	13.74%
40% or More	14	19.44%, 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

Melbourne, KY	409 USD
Kentucky	336 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Melbourne, KY	%	Kentucky	U.S.
$199 or Less	3	6.82%, see rank	15.39%	7.76%
$200 to $299	6	13.64%, see rank	25.19%	14.70%
$300 to $499	23	52.27%, see rank	40.30%	34.63%
$500 to $699	8	18.18%, see rank	13.29%	21.16%
$700 or More	4	9.09%, see rank	5.82%	21.75%

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

Melbourne, KY	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

	Melbourne, KY	%	Kentucky	U.S.
10% or Less	22	50.00%, see rank	45.97%	40.19%
10% to 20%	8	18.18%, see rank	30.79%	31.47%
20% to 30%	4	9.09%, see rank	10.69%	12.24%
30% to 40%	3	6.82%, see rank	4.50%	5.64%
40% or More	7	15.91%, 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

	Melbourne, KY	Kentucky	U.S.
Total Housing Units	168, 100%	1,938,836	132,741,033
1-unit, Detached	163, 97.02%, see rank	67.21%	61.65%
1-unit, Attached	0, 0.00%, see rank	2.45%	5.82%
2 Units	1, 0.60%, see rank	3.05%	3.75%
3 or 4 Units	0, 0.00%, see rank	4.01%	4.43%
5 to 9 Units	0, 0.00%, see rank	4.66%	4.78%
10 or More Units	0, 0.00%, see rank	6.39%	13.08%
Mobile Home, Boat, RV, Van, etc.	4, 2.38%, see rank	12.23%	6.49%

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

Rooms

	Melbourne, KY	Kentucky	U.S.
Total Housing Units	168, 100%	1,938,836	132,741,033
1 Room	0, 0.00%, see rank	1.31%	1.95%
2 Rooms	0, 0.00%, see rank	1.58%	2.48%
3 Rooms	3, 1.79%, see rank	6.92%	9.13%
4 Rooms	36, 21.43%, see rank	16.56%	16.60%
5 Rooms	61, 36.31%, see rank	22.96%	20.41%
6 Rooms	23, 13.69%, see rank	19.01%	18.06%
7 Rooms	14, 8.33%, see rank	12.52%	12.27%
8 Rooms	18, 10.71%, see rank	8.32%	8.48%
9 Rooms or More	13, 7.74%, see rank	10.81%	10.60%
Median Rooms	5.20, see rank	5.50	5.50

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

Bedrooms

	Melbourne, KY	Kentucky	U.S.
Total Housing Units	168, 100%	1,938,836	132,741,033
No Bedroom	0, 0.00%, see rank	1.42%	2.17%
1 Bedroom	6, 3.57%, see rank	8.44%	11.16%
2 Bedrooms	65, 38.69%, see rank	27.38%	26.69%
3 Bedrooms	75, 44.64%, see rank	44.95%	39.70%
4 Bedrooms	16, 9.52%, see rank	14.32%	16.05%
5 or More Bedrooms	6, 3.57%, see rank	3.49%	4.22%

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

House Heating Fuel

	Melbourne, KY	Kentucky	U.S.
Total Housing Units	130, 100%	1,702,235	116,211,092
Utility Gas	27, 20.77%, see rank	38.22%	48.85%
Bottled, Tank, or LP Gas	20, 15.38%, see rank	6.49%	4.86%
Electricity	58, 44.62%, see rank	50.50%	36.68%
Fuel Oil, Kerosene, etc.	19, 14.62%, see rank	1.03%	5.86%
Coal or Coke	0, 0.00%, see rank	0.25%	0.12%
Wood	5, 3.85%, see rank	2.95%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	1, 0.77%, see rank	0.30%	0.47%
No Fuel Used	0, 0.00%, see rank	0.24%	1.00%

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

Gross Rent

Monthly Rental	Melbourne, KY	Kentucky	U.S.
Occupied Units Paying Rent	8, 100%	496,536	39,201,928
$199 or Less	0, 0.00%, see rank	3.01%	1.50%
$200 to $299	0, 0.00%, see rank	5.28%	3.18%
$300 to $499	0, 0.00%, see rank	15.95%	7.37%
$500 to $699	2, 25.00%, see rank	30.85%	16.01%
$700 to $999	2, 25.00%, see rank	29.97%	29.17%
$1,000 to $1,499	4, 50.00%, see rank	12.25%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.85%	9.79%
$2,000 or More	0, 0.00%, see rank	0.83%	6.10%
Median	$1,000, see rank	$667	$920

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

Vehicle Available

	Melbourne, KY	Kentucky	U.S.
Occupied Housing Units	130, 100%	1,702,235	116,211,092
No Vehicles Available	10, 7.69%, see rank	7.85%	9.12%
1 Vehicles Available	35, 26.92%, see rank	33.49%	33.80%
2 Vehicles Available	37, 28.46%, see rank	38.04%	37.48%
3 or More Vehicles Available	48, 36.92%, see rank	20.62%	19.61%

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