McKenzie, TN Real Estate
According to census data in the year 2000 there were 2,370 housing units in McKenzie.
This represents a 9.8% growth from 2,158 in 1990.
Of those housing units, 2,269 were located in either urbanized areas or urban clusters, and 101 were located in what is classified as a rural area.
Homeownership rate in McKenzie is about 65.8%.
McKenzie'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 McKenzie were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 40.30% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $64,000 |
| Median Price asked for vacant units | $62,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $255 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 3% |
| Simple Mortgage | 43.20% |
| Debt Free | 46.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
