Cleveland, TN Real Estate
According to census data in the year 2000 there were 16,452 housing units in Cleveland.
This represents a 26.1% growth from 13,050 in 1990.
Of those housing units, 16,266 were located in either urbanized areas or urban clusters, and 186 were located in what is classified as a rural area.
Homeownership rate in Cleveland is about 52.3%.
Cleveland's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Cleveland were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 13.10% |
| Two Bedrooms | 34.40% |
| Three Bedrooms | 35.40% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $98,000 |
| Median Price asked for vacant units | $68,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $368 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 47.50% |
| Debt Free | 41.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
