Mountain City, TN Real Estate
According to census data in the year 2000 there were 1,248 housing units in Mountain City.
This represents a 18.9% growth from 1,050 in 1990.
Of those housing units, 1,156 were located in either urbanized areas or urban clusters, and 92 were located in what is classified as a rural area.
Homeownership rate in Mountain City is about 62.2%.
Mountain City's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.03 people.
The majority of houses, apartments or condos in Mountain City were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 15.20% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 39.80% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $75,800 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $288 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 1.50% |
| Simple Mortgage | 38.40% |
| Debt Free | 55.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
