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Tuesday, December 24, 2024

Kentucky ranked 14th in home vacancy rate in 2020

Realestate077

Kentucky's home vacancy rate was 14th in the U.S., with a home vacancy rate of 1.2 percent in 2020, according to the U.S. Census Bureau.

The home vacancy rate is the proportion of the homeowner inventory vacant and for sale at the time of the survey.

The Bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country and District of Columbia. The bureau also collects information on homeownership vacancies and certain characteristics about housing units, such as the age of household members, family status, race/ethnicity and median family income.

The overall home vacancy rate in the U.S. was one percent in 2020, a 28.6 percent decrease from 2019.

Home Vacancy Rates by State in 2020
RankStateHome vacancies
1Alaska1.9%
1Louisiana1.9%
3Florida1.5%
4Arkansas1.4%
4District of Columbia1.4%
6Hawaii1.3%
6Illinois1.3%
6Mississippi1.3%
6Montana1.3%
6New Mexico1.3%
6New York1.3%
6North Dakota1.3%
6Wyoming1.3%
14Kansas1.2%
14Kentucky1.2%
14Maine1.2%
17Alabama1.1%
17Michigan1.1%
17Nevada1.1%
17New Jersey1.1%
17Oklahoma1.1%
17Rhode Island1.1%
17South Dakota1.1%
17Texas1.1%
17West Virginia1.1%
26Georgia1%
26Pennsylvania1%
28Delaware0.9%
28Maryland0.9%
28Missouri0.9%
28North Carolina0.9%
28Oregon0.9%
28Tennessee0.9%
34Arizona0.8%
34Idaho0.8%
34Indiana0.8%
34South Carolina0.8%
34Washington0.8%
39California0.7%
39Iowa0.7%
39Nebraska0.7%
39Ohio0.7%
39Vermont0.7%
44Colorado0.6%
44Connecticut0.6%
44Minnesota0.6%
44Virginia0.6%
48Massachusetts0.5%
48New Hampshire0.5%
48Wisconsin0.5%
51Utah0.4%

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