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Algood, TN Real Estate


According to census data in the year 2000 there were 1,247 housing units in Algood. This represents a 22.7% growth from 1,016 in 1990.

Of those housing units, 1,104 were located in either urbanized areas or urban clusters, and 143 were located in what is classified as a rural area.

Homeownership rate in Algood is about 63.9%. Algood's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Algood were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom8.80%
Two Bedrooms25.70%
Three Bedrooms55.30%
Four Bedrooms7.40%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1978
Median Value of occupied units$72,800

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1982
Median Monthly Rent asked for vacant units$145

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan6.30%
Simple Mortgage52.40%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%