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 Type | 2.10% |
| One Bedroom | 8.80% |
| Two Bedrooms | 25.70% |
| Three Bedrooms | 55.30% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $72,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $145 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 52.40% |
| Debt Free | 38.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
