Alcoa, TN Real Estate
According to census data in the year 2000 there were 3,733 housing units in Alcoa.
This represents a 29.1% growth from 2,892 in 1990.
Of those housing units, 3,722 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Alcoa is about 68.1%.
Alcoa's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Alcoa were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.20% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $84,200 |
| Median Price asked for vacant units | $57,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $383 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7% |
| Home Equity Loan | 4% |
| Simple Mortgage | 45.70% |
| Debt Free | 43.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
