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Minor Hill, TN Real Estate


According to census data in the year 2000 there were 210 housing units in Minor Hill. This represents a 17.3% growth from 179 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 210 were located in what is classified as a rural area.

Homeownership rate in Minor Hill is about 71.5%. Minor Hill's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Minor Hill were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms39.50%
Three Bedrooms42.90%
Four Bedrooms10.50%
Five Bedrooms or more3.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1969
Median Value of occupied units$63,500
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1966
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan2.20%
Simple Mortgage34.40%
Debt Free61.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20%