Erwin, TN Real Estate
According to census data in the year 2000 there were 2,556 housing units in Erwin.
This represents a 13.1% growth from 2,259 in 1990.
Of those housing units, 2,528 were located in either urbanized areas or urban clusters, and 28 were located in what is classified as a rural area.
Homeownership rate in Erwin is about 69.7%.
Erwin's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Erwin were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 8.40% |
| Two Bedrooms | 31% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $78,400 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $433 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 37.70% |
| Debt Free | 54.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
