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 Type | 0.40% |
| One Bedroom | 17.30% |
| Two Bedrooms | 37.80% |
| Three Bedrooms | 38.40% |
| Four Bedrooms | 4.40% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $64,200 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 1% |
| Simple Mortgage | 37.50% |
| Debt Free | 55.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
