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Morehead Kentucky Real Estate By Jennifer Hershey

Morehead Kentucky Real Estate

Morehead, Kentucky, is located in Rowan County, 55 miles W of Huntington, West Virginia and 126 miles S of Columbus, Ohio. Morehead has a population of 5,914.

Morehead Homes

Morehead properties pool is 2,132 residential properties including Morehead new homes. Median age of real estate in Morehead is 1974. Average Household size is 2.81 people. 1% are one bedroom homes, 20% are 2 bedroom homes, 57% are 3 bedroom homes, 19% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Morehead Mortgage Statistics

Morehead mortgages vs. USA median statistics

Homes Morehead USA
Homes With No Mortgage 52%
30%
Homes With Mortgage 48%
70%
First Mortgage Only 42%
54%
First & Second Mortgage or HELOC 6%
16%

Morehead Area Real Estate Tax

Morehead Real estate Tax: Median Real Estate Taxes (2000) were $513 comparing to 1999 Median Family income $ 34,375. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Morehead School District: Children make up 15.5% of Morehead population. Morehead has 916 under 18 years old residents, or 0.38 kids per one worker, or 0.43 kids per one household.

Morehead Real Estate & Morehead Homeownership

There are 724.88 or 34% one person households, 746.2 or 35% two person households, and 362.44 or 17% three person households in Morehead, Kentucky. Median residents age is 24.9, Senior citizens (65+) make up 754 or 12.7%% of Morehead population.

There are 2,418 workers (over 16 years of age) in Morehead. Of these, 80.07% drive to work. Approximately 0.58% of workers in Morehead take public transportation. An estimated 15.72% walk to work.

Median Morehead homeowner's housing expences are 13.3%

Crime in Morehead (2003), crimes per 10,000 residents per year

Type of Crime Morehead USA, 2003
Violent Crimes
11.84
47.5
Robberies
NaN
14.2
Aggravated Assaults
10.15
29.5
Property Crimes
329.73
358.8
Burglaries
50.73
74.0
Larceny-Thefts
260.4
241.5
Motor Vehicle Thefts
18.6
43.3

Invest in Morehead Properties

When making a decision about buying real estate in Morehead Kentucky area, you should consider following statistical data:

Category Morehead USA
Near Medium City
Huntington, West Virginia
-
Near Large City
Columbus, Ohio
-
Morehead Zip Codes
40351
-
Morehead Area Codes
606
-
White population
94.25%
75.1%
African-American population
2.57%
12.3%
Asian
1.52%
3.6%
American Indian & Alaskan
0.15%
0.9%
Hispanic (of any race)
0.76%
12.5%
Median Family Income (1999)
$ 34,375%
$42,000
Population Below Poverty Level
19.65%
12.4%

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