Morrison, TN Real Estate
According to census data in the year 2000 there were 277 housing units in Morrison.
This represents a 10.4% growth from 251 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 277 were located in what is classified as a rural area.
Homeownership rate in Morrison is about 70.7%.
Morrison's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Morrison were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 9.40% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 49.50% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $70,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $311 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 31.80% |
| Debt Free | 60.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
