Colonial Heights, TN Real Estate
According to census data in the year 2000 there were 2,937 housing units in Colonial Heights.
This represents a 12.4% growth from 2,613 in 1990.
Of those housing units, 2,937 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Colonial Heights is about 85.1%.
Colonial Heights's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Colonial Heights were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 2.50% |
| Two Bedrooms | 16.70% |
| Three Bedrooms | 49.20% |
| Four Bedrooms | 25.70% |
| Five Bedrooms or more | 5.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $112,200 |
| Median Price asked for vacant units | $175,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $356 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 43.60% |
| Debt Free | 39.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
