Gallaway, TN Real Estate
According to census data in the year 2000 there were 265 housing units in Gallaway.
This represents a 25.6% growth from 211 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 265 were located in what is classified as a rural area.
Homeownership rate in Gallaway is about 29.5%.
Gallaway's vacancy rate, including seasonal lodging, is about 14.3%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Gallaway were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.90% |
| One Bedroom | 32.80% |
| Two Bedrooms | 20% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 3.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $52,500 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $306 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 55.80% |
| Debt Free | 32.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
