Gainesboro, TN Real Estate
According to census data in the year 2000 there were 439 housing units in Gainesboro.
This represents a 11.3% decline from 495 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 439 were located in what is classified as a rural area.
Homeownership rate in Gainesboro is about 65.4%.
Gainesboro's vacancy rate, including seasonal lodging, is about 15%.
Average household size is 1.96 people.
The majority of houses, apartments or condos in Gainesboro were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.40% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 41% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $67,400 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $223 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 35.30% |
| Debt Free | 62.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
