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Benton, KY Housing

 
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As of 2010-2014, median price of a house in Benton is $105,500, which is lower than the state average of $121,600 and is much lower than the national average of $175,700. The Benton median house value has grown by 41.61% since 2000. The growth rate for the price of a house in Benton 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 Benton was built is 1972, 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 1,337 Owner Occupied Houses in Benton, KY, #201
Benton, KY
105,500 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #165
Benton, KY
41.61%
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

 Benton, KYKentuckyU.S.
Total Housing Units2,070, see rank, 100%1,938,836132,741,033
Occupied Housing Units1,748, 84.44%, see rank87.80%87.55%
Owner Occupied1,337, 64.59%, see rank59.42%56.34%
Renter Occupied411, 19.86%, see rank28.38%31.21%
Vacant Housing Units322, 15.56%, see rank12.20%12.45%
For Rent0, 0.00%, see rank2.04%2.34%
For Sale Only0, 0.00%, see rank1.33%1.20%
Rented or Sold, Not Occupied230, 11.11%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use55, 2.66%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant37, 1.79%, see rank4.97%4.00%

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

Year Structure Built

Median Built Year, #237
Benton, KYKentuckyU.S.
197219781976

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

 Benton, KY%KentuckyU.S.
Owner-Occupied Units1,337100%1,152,01274,787,460
With a Mortgage82161.41%, see rank60.42%65.58%
Without a Mortgage51638.59%, 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
Benton, KY
956 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBenton, KY%KentuckyU.S.
$299 or Less00.00%, see rank0.45%0.20%
$300 to $499222.68%, see rank4.00%1.59%
$500 to $69913616.57%, see rank10.65%5.01%
$700 to $99929836.30%, see rank24.79%14.32%
$1,000 to $1,49917521.32%, see rank34.58%27.90%
$1,500 to $1,99916520.10%, see rank14.86%20.35%
$2,000 to $2,999253.05%, 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
Benton, KY
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
 Benton, KY%KentuckyU.S.
10% or Less334.02%, see rank7.42%5.86%
10% to 20%31838.73%, see rank38.63%31.95%
20% to 30%30336.91%, see rank26.40%27.64%
30% to 40%455.48%, see rank11.52%13.74%
40% or More12214.86%, 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
Benton, KY
323 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBenton, KY%KentuckyU.S.
$199 or Less13025.19%, see rank15.39%7.76%
$200 to $2999618.60%, see rank25.19%14.70%
$300 to $49921842.25%, see rank40.30%34.63%
$500 to $6995210.08%, see rank13.29%21.16%
$700 or More203.88%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Benton, KY
13.80% 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
 Benton, KY%KentuckyU.S.
10% or Less12624.42%, see rank45.97%40.19%
10% to 20%28755.62%, see rank30.79%31.47%
20% to 30%7314.15%, see rank10.69%12.24%
30% to 40%214.07%, see rank4.50%5.64%
40% or More91.74%, 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

 Benton, KYKentuckyU.S.
Total Housing Units2,070, 100%1,938,836132,741,033
1-unit, Detached1,788, 86.38%, see rank67.21%61.65%
1-unit, Attached0, 0.00%, see rank2.45%5.82%
2 Units22, 1.06%, see rank3.05%3.75%
3 or 4 Units53, 2.56%, see rank4.01%4.43%
5 to 9 Units16, 0.77%, see rank4.66%4.78%
10 or More Units139, 6.71%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.52, 2.51%, see rank12.23%6.49%

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

Rooms

 Benton, KYKentuckyU.S.
Total Housing Units2,070, 100%1,938,836132,741,033
1 Room0, 0.00%, see rank1.31%1.95%
2 Rooms18, 0.87%, see rank1.58%2.48%
3 Rooms76, 3.67%, see rank6.92%9.13%
4 Rooms236, 11.40%, see rank16.56%16.60%
5 Rooms484, 23.38%, see rank22.96%20.41%
6 Rooms375, 18.12%, see rank19.01%18.06%
7 Rooms356, 17.20%, see rank12.52%12.27%
8 Rooms230, 11.11%, see rank8.32%8.48%
9 Rooms or More295, 14.25%, see rank10.81%10.60%
Median Rooms6.10, see rank5.505.50

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

Bedrooms

 Benton, KYKentuckyU.S.
Total Housing Units2,070, 100%1,938,836132,741,033
No Bedroom0, 0.00%, see rank1.42%2.17%
1 Bedroom199, 9.61%, see rank8.44%11.16%
2 Bedrooms511, 24.69%, see rank27.38%26.69%
3 Bedrooms949, 45.85%, see rank44.95%39.70%
4 Bedrooms328, 15.85%, see rank14.32%16.05%
5 or More Bedrooms83, 4.01%, see rank3.49%4.22%

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

House Heating Fuel

 Benton, KYKentuckyU.S.
Total Housing Units1,748, 100%1,702,235116,211,092
Utility Gas968, 55.38%, see rank38.22%48.85%
Bottled, Tank, or LP Gas38, 2.17%, see rank6.49%4.86%
Electricity742, 42.45%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank1.03%5.86%
Coal or Coke0, 0.00%, see rank0.25%0.12%
Wood0, 0.00%, 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 Used0, 0.00%, see rank0.24%1.00%

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

Gross Rent

Monthly RentalBenton, KYKentuckyU.S.
Occupied Units Paying Rent350, 100%496,53639,201,928
$199 or Less34, 9.71%, see rank3.01%1.50%
$200 to $29930, 8.57%, see rank5.28%3.18%
$300 to $49950, 14.29%, see rank15.95%7.37%
$500 to $69960, 17.14%, see rank30.85%16.01%
$700 to $999144, 41.14%, see rank29.97%29.17%
$1,000 to $1,49932, 9.14%, 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$701, see rank$667$920

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

Vehicle Available

 Benton, KYKentuckyU.S.
Occupied Housing Units1,748, 100%1,702,235116,211,092
No Vehicles Available109, 6.24%, see rank7.85%9.12%
1 Vehicles Available756, 43.25%, see rank33.49%33.80%
2 Vehicles Available625, 35.76%, see rank38.04%37.48%
3 or More Vehicles Available258, 14.76%, see rank20.62%19.61%

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


 
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