Home

Gadsden, TN Real Estate


According to census data in the year 2000 there were 230 housing units in Gadsden. This represents a 7.5% growth from 214 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 230 were located in what is classified as a rural area.

Homeownership rate in Gadsden is about 85%. Gadsden's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Gadsden were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.70%
Two Bedrooms31.30%
Three Bedrooms56.50%
Four Bedrooms10%
Five Bedrooms or more0.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1971
Median Value of occupied units$53,300

Rented Homes, Apartments and Condos

Average Household Size4.06
Median year structure was built1951

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan4.20%
Simple Mortgage45.80%
Debt Free45.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.4%