Charlotte, TN Real Estate
According to census data in the year 2000 there were 420 housing units in Charlotte.
This represents a 12.3% growth from 374 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 420 were located in what is classified as a rural area.
Homeownership rate in Charlotte is about 71.1%.
Charlotte's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Charlotte were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.70% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 45.70% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $84,000 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $283 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 49.80% |
| Debt Free | 40.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
