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La Follette, TN Real Estate


According to census data in the year 2000 there were 3,785 housing units in La Follette. This represents a 21.5% growth from 3,116 in 1990.

Of those housing units, 3,776 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in La Follette is about 54.5%. La Follette's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in La Follette were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom12%
Two Bedrooms39.50%
Three Bedrooms38.80%
Four Bedrooms7.70%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1958
Median Value of occupied units$51,700
Median Price asked for vacant units$68,300

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1969
Median Monthly Rent asked for vacant units$369

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan3.40%
Simple Mortgage39.60%
Debt Free52.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%