Fall Branch, TN Real Estate
According to census data in the year 2000 there were 612 housing units in Fall Branch.
This represents a 20.2% growth from 509 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 612 were located in what is classified as a rural area.
Homeownership rate in Fall Branch is about 85.8%.
Fall Branch's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Fall Branch were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.90% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 52.50% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $78,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.52 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.30% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 36.10% |
| Debt Free | 49.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.6% |
