Gray, TN Real Estate
According to census data in the year 2000 there were 570 housing units in Gray.
This represents a 28.4% growth from 444 in 1990.
Of those housing units, 526 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.
Homeownership rate in Gray is about 73%.
Gray's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Gray were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.80% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $95,000 |
| Median Price asked for vacant units | $72,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1974 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 38.50% |
| Debt Free | 55.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
