Madisonville, TN Real Estate
According to census data in the year 2000 there were 1,785 housing units in Madisonville.
This represents a 32.8% growth from 1,344 in 1990.
Of those housing units, 1,582 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Madisonville is about 66%.
Madisonville's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Madisonville were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 9.60% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $76,300 |
| Median Price asked for vacant units | $52,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $267 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 37.80% |
| Debt Free | 57% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
