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Spencer County

Per Cent Home Renter

 
 
         
Over 90% 70 to 90 50 to 70 30 to 50 Under 30%

Overview

The map on the left shows the percentage of home renters in Spencer County. For households just getting started this is the most common housing option. Renting a home means ...

  • •  Greater flexibility in living options
  • •  Lower up-front costs than owning
  • •  No long-term commitment
  • •  No maintenance costs or repair bills
  • •  No real estate taxes

Base on various studies, neighborhoods with high percentages of rented homes tend to be more risky over time. Thereby creating a poorer environment for raising children, creating long term relationships and development of a stronger neighborhood (e.g. crime prevention and civic pride)

Sources: STI: PopStats

Owner/Renter Comparison


Data Topic Spencer County  Kentucky  Nation 
Total Population 20,9934,597,650340,981,027

Housing

Owner Occupied 6,6581,242,91584,315,969
Renter Occupied 995590,49746,128,534
Vacant 309193,62313,710,083
Total Housing 7,9622,027,035144,154,586

Per Cent Housing

Owner Occupied 83.6261.3258.49
Renter Occupied 12.5029.1332.00
Vacant 3.889.559.51