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 Type | 0% |
| One Bedroom | 1.70% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 56.50% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $53,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.06 |
| Median year structure was built | 1951 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 45.80% |
| Debt Free | 45.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.4% |
