Decatur, TN Real Estate
According to census data in the year 2000 there were 616 housing units in Decatur.
This represents a 12% growth from 550 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 616 were located in what is classified as a rural area.
Homeownership rate in Decatur is about 66.4%.
Decatur's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Decatur were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.70% |
| Two Bedrooms | 24.80% |
| Three Bedrooms | 55% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $76,300 |
| Median Price asked for vacant units | $87,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 5% |
| Simple Mortgage | 45.80% |
| Debt Free | 47.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
