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Central, TN Real Estate


According to census data in the year 2000 there were 1,264 housing units in Central. This represents a 11.9% growth from 1,130 in 1990.

Of those housing units, 1,109 were located in either urbanized areas or urban clusters, and 155 were located in what is classified as a rural area.

Homeownership rate in Central is about 74.4%. Central's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Central were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom7.40%
Two Bedrooms42.30%
Three Bedrooms34.70%
Four Bedrooms13.80%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1969
Median Value of occupied units$79,900
Median Price asked for vacant units$56,300

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1975
Median Monthly Rent asked for vacant units$294

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan1.10%
Simple Mortgage34.50%
Debt Free60.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.3%