Bolivar, TN Real Estate
According to census data in the year 2000 there were 2,348 housing units in Bolivar.
This represents a 11.9% growth from 2,098 in 1990.
Of those housing units, 2,168 were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.
Homeownership rate in Bolivar is about 60.3%.
Bolivar's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Bolivar were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 13.60% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 50.90% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $59,000 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $308 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 2% |
| Simple Mortgage | 53.70% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
