Iron City, TN Real Estate
According to census data in the year 2000 there were 154 housing units in Iron City.
This represents a 4.3% decline from 161 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 154 were located in what is classified as a rural area.
Homeownership rate in Iron City is about 85.8%.
Iron City's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Iron City were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.80% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 18.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $33,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1948 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 0% |
| Simple Mortgage | 34% |
| Debt Free | 64% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
