Fairmount, TN Real Estate
According to census data in the year 2000 there were 963 housing units in Fairmount.
This represents a 59.2% growth from 605 in 1990.
Of those housing units, 493 were located in either urbanized areas or urban clusters, and 470 were located in what is classified as a rural area.
Homeownership rate in Fairmount is about 85.9%.
Fairmount's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Fairmount were built after 1984.
|Housing Units by Size|
|Five Bedrooms or more||4.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.91|
|Median year structure was built||1985|
|Median Value of occupied units||$176,500|
|Median Price asked for vacant units||$76,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||16.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17%|