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 Type | 1.60% |
| One Bedroom | 12% |
| Two Bedrooms | 39.50% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $51,700 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 39.60% |
| Debt Free | 52.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
