Gallatin, TN Real Estate
According to census data in the year 2000 there were 9,644 housing units in Gallatin.
This represents a 26.3% growth from 7,635 in 1990.
Of those housing units, 9,272 were located in either urbanized areas or urban clusters, and 372 were located in what is classified as a rural area.
Homeownership rate in Gallatin is about 62.8%.
Gallatin's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Gallatin were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.60% |
| Two Bedrooms | 26.30% |
| Three Bedrooms | 50.10% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $104,200 |
| Median Price asked for vacant units | $132,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $437 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 50.70% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
