Lebanon, TN Real Estate
According to census data in the year 2000 there were 8,749 housing units in Lebanon.
This represents a 32.7% growth from 6,592 in 1990.
Of those housing units, 8,243 were located in either urbanized areas or urban clusters, and 506 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 60.2%.
Lebanon's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Lebanon were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1973|
|Median Value of occupied units||$119,200|
|Median Price asked for vacant units||$97,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.19|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$463|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||4.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.3%|