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 Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 50.60% |
| Three Bedrooms | 30.90% |
| Four Bedrooms | 18.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $66,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $305 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 19.20% |
| Simple Mortgage | 38.50% |
| Debt Free | 42.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12% |
