Middletown housing by the numbers: Values and housing market

Middletown officials are turning attention to improving its available housing to battle drops in property values and encourage investment in more parts of the city, officials said.

City Manager Doug Adkins made a presentation of a proposed new housing policy at Middletown City Council’s Aug. 20 meeting. The policy was developed by a community committee composed of residents, bankers, developers homebuilders, landlords, ministers, community leaders, council members and city staff.

Council will give its final approval for a new housing policy for the next 10 to 20 years and included in the city’s new comprehensive master plan at its Sept. 2 meeting.

MORE: Middletown gets Butler County support for housing overhaul

Here’s a look at Middletown housing, by the numbers:

• $58.4 million - Drop in Middletown residential property values from 2011-2015

• $6.19 million - amount of delinquent property taxes due from 1,276 parcels.

• $4.57 million - amount of delinquent property taxes owed by the 1,276 parcel owners to the Middletown City School District

• $590,477 - amount of delinquent property taxes owed by the 1,276 parcel owners to the city of Middletown

• $392,595 - estimated amount owed by 304 accounts that have not filed a city income tax return for the past two years

• $250,000 - amount city of Middletown pays to mow more than 500 vacant residential properties each year

• $36,898 - U.S. Census 2016 estimate of median family income in Middletown

• 22,985 - number of total housing units in Middletown

• 10,298 - Number of owner-occupied housing units in Middletown, about 52.6 percent

• 9,286 - Number of renter-occupied housing units in Middletown, about 47.4 percent

• 3,401 - 2016 Census estimate of vacant housing units in Middletown

• 2,000-plus - number of homes in the buffer between housing and heavy industrial uses

• 1,276 - Number of parcels in Middletown that have delinquent property taxes due

• 670 - Estimated yearly demand for multi-family units with a rent range of $750 to $1,900 a month

• 127 - Estimated yearly demand for single-family homes with a price range of $150,000 to $500,000 and up

• 304 - number of accounts who have not filed a city income tax return for the past two years to

• 36.4 - Percentage for new Middletown overall rental housing goal

• 33 - Estimated yearly demand for condominiums with a price range of $150,000 to $500,000 and up

• 30.3 to 54 - 2015 percentage of total population below poverty level by Census tracts

• 27.7 - Percentage of rentals in Butler County, about 32,959 units, excluding Middletown

A committee has identified goals to improve the city’s housing stock over the next 10 to 20 years. They include:

• Reducing the number of rental housing

• Increasing owner-occupied housing

• Developing a stock of next-level housing with three or more bedrooms beyond starter housing

• Building more homes with a starting price-point of $150,000 or higher

• Compliance with property maintenance codes

• Developing buffers from residential to commercial to industrial areas

• Increasing investment and reinvestment throughout Middletown

• Targeting neighborhoods for revitalization, such as the Oakland neighborhood

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About the Author

Ed Richter

Ed Richter has been a working journalist for 38 years, with the last 34 years working in various capacities covering Butler and Warren counties as a reporter and an editor. Richter covers local news and governments in Warren County focusing on Springboro, Lebanon, Franklin, Carlisle and Waynesville.