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Berea Kentucky Real Estate By Jennifer Hershey

Berea Kentucky Real Estate

Berea, Kentucky, is located in Madison County, 35 miles S of Lexington, Kentucky and 169 miles NE of Nashville, Tennessee. Berea has a population of 9,851.

Berea Homes

Berea properties pool is 3,627 residential properties including Berea new homes. Median age of real estate in Berea is 1975. Average Household size is 2.88 people. 1% are one bedroom homes, 15% are 2 bedroom homes, 67% are 3 bedroom homes, 14% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Berea Mortgage Statistics

Berea mortgages vs. USA median statistics

Homes Berea USA
Homes With No Mortgage 38%
30%
Homes With Mortgage 62%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 8%
16%

Berea Area Real Estate Tax

Berea Real estate Tax: Median Real Estate Taxes (2000) were $538 comparing to 1999 Median Family income $ 35,505. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Berea School District: Children make up 21.6% of Berea population. Berea has 2,127 under 18 years old residents, or 0.45 kids per one worker, or 0.59 kids per one household.

Berea Real Estate & Berea Homeownership

There are 1160.64 or 32% one person households, 1124.37 or 31% two person households, and 689.13 or 19% three person households in Berea, Kentucky. Median residents age is 30.5, Senior citizens (65+) make up 1,251 or 12.7%% of Berea population.

There are 4,728 workers (over 16 years of age) in Berea. Of these, 73.35% drive to work. Approximately 0.42% of workers in Berea take public transportation. An estimated 21.74% walk to work.

Median Berea homeowner's housing expences are 16.5%

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

Type of Crime Berea USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Berea Properties

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

Category Berea USA
Near Medium City
Lexington, Kentucky
-
Near Large City
Nashville, Tennessee
-
Berea Zip Codes
40403
-
Berea Area Codes
859
-
White population
92.44%
75.1%
African-American population
4.3%
12.3%
Asian
0.87%
3.6%
American Indian & Alaskan
0.37%
0.9%
Hispanic (of any race)
0.99%
12.5%
Median Family Income (1999)
$ 35,505%
$42,000
Population Below Poverty Level
14.72%
12.4%

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