McMinnville, TN Real Estate
According to census data in the year 2000 there were 5,968 housing units in McMinnville.
This represents a 16.5% growth from 5,123 in 1990.
Of those housing units, 5,805 were located in either urbanized areas or urban clusters, and 163 were located in what is classified as a rural area.
Homeownership rate in McMinnville is about 55.1%.
McMinnville's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in McMinnville were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.24|
|Median year structure was built||1963|
|Median Value of occupied units||$68,200|
|Median Price asked for vacant units||$76,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$364|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|