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Gibson, TN Real Estate


According to census data in the year 2000 there were 81 housing units in Gibson. This represents a 28.3% decline from 113 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 81 were located in what is classified as a rural area.

Homeownership rate in Gibson is about 36.1%. Gibson's vacancy rate, including seasonal lodging, is about 11.1%. Average household size is 2.92 people.

The majority of houses, apartments or condos in Gibson were built after 1986.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms50.60%
Three Bedrooms30.90%
Four Bedrooms18.50%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1974
Median Value of occupied units$66,000

Rented Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1989
Median Monthly Rent asked for vacant units$305

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan19.20%
Simple Mortgage38.50%
Debt Free42.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12%