Middle Valley, TN Real Estate
According to census data in the year 2000 there were 4,452 housing units in Middle Valley.
This represents a 3.6% growth from 4,297 in 1990.
Of those housing units, 4,399 were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.
Homeownership rate in Middle Valley is about 87.1%.
Middle Valley's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Middle Valley were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2% |
| Two Bedrooms | 13.10% |
| Three Bedrooms | 54.20% |
| Four Bedrooms | 26.30% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $97,600 |
| Median Price asked for vacant units | $218,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $478 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 58.70% |
| Debt Free | 27.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
