Altamont, TN Real Estate
According to census data in the year 2000 there were 424 housing units in Altamont.
This represents a 65.6% growth from 256 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 424 were located in what is classified as a rural area.
Homeownership rate in Altamont is about 91.9%.
Altamont's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.95 people.
The majority of houses, apartments or condos in Altamont were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 4.70% |
| Two Bedrooms | 46% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $38,100 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 44.80% |
| Debt Free | 51.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
