East Ridge, TN Real Estate
According to census data in the year 2000 there were 9,870 housing units in East Ridge.
This represents a 2.5% growth from 9,631 in 1990.
Of those housing units, 9,870 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in East Ridge is about 61.3%.
East Ridge's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in East Ridge were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 12.20% |
| Two Bedrooms | 40% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $80,300 |
| Median Price asked for vacant units | $71,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $462 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 49.20% |
| Debt Free | 41% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
