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Versailles Kentucky Real Estate By Jennifer Hershey

Versailles Kentucky Real Estate

Versailles, Kentucky, is located in Woodford County, 12 miles W of Lexington, Kentucky and 143 miles SE of Indianapolis, Indiana. Versailles has a population of 7,511.

Versailles Homes

Versailles properties pool is 3,185 residential properties including Versailles new homes. Median age of real estate in Versailles is 1971. Average Household size is 2.89 people. 1% are one bedroom homes, 19% are 2 bedroom homes, 62% are 3 bedroom homes, 14% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Versailles Mortgage Statistics

Versailles mortgages vs. USA median statistics

Homes Versailles USA
Homes With No Mortgage 30%
30%
Homes With Mortgage 70%
70%
First Mortgage Only 46%
54%
First & Second Mortgage or HELOC 24%
16%

Versailles Area Real Estate Tax

Versailles Real estate Tax: Median Real Estate Taxes (2000) were $605 comparing to 1999 Median Family income $ 41,567. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Versailles School District: Children make up 23.2% of Versailles population. Versailles has 1,742 under 18 years old residents, or 0.45 kids per one worker, or 0.55 kids per one household.

Versailles Real Estate & Versailles Homeownership

There are 955.5 or 30% one person households, 1082.9 or 34% two person households, and 573.3 or 18% three person households in Versailles, Kentucky. Median residents age is 37, Senior citizens (65+) make up 1,021 or 13.6%% of Versailles population.

There are 3,853 workers (over 16 years of age) in Versailles. Of these, 95.07% drive to work. Approximately 0% of workers in Versailles take public transportation. An estimated 2.28% walk to work.

Median Versailles homeowner's housing expences are 17.1%

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

Type of Crime Versailles USA, 2003
Violent Crimes
78.55
47.5
Robberies
3.99
14.2
Aggravated Assaults
73.23
29.5
Property Crimes
435.36
358.8
Burglaries
63.91
74.0
Larceny-Thefts
351.48
241.5
Motor Vehicle Thefts
19.97
43.3

Invest in Versailles Properties

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

Category Versailles USA
Near Medium City
Lexington, Kentucky
-
Near Large City
Indianapolis, Indiana
-
Versailles Zip Codes
40383
-
Versailles Area Codes
859
-
White population
88.18%
75.1%
African-American population
8.67%
12.3%
Asian
0.35%
3.6%
American Indian & Alaskan
0.15%
0.9%
Hispanic (of any race)
4.29%
12.5%
Median Family Income (1999)
$ 41,567%
$42,000
Population Below Poverty Level
13.79%
12.4%

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