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Benton, TN Real Estate


According to census data in the year 2000 there were 502 housing units in Benton. This represents a 26.4% growth from 397 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 502 were located in what is classified as a rural area.

Homeownership rate in Benton is about 66.6%. Benton's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Benton were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom17.30%
Two Bedrooms37.80%
Three Bedrooms38.40%
Four Bedrooms4.40%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1971
Median Value of occupied units$64,200
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1989
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage4.80%
Home Equity Loan1%
Simple Mortgage37.50%
Debt Free55.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%