Norris, TN Real Estate
According to census data in the year 2000 there were 674 housing units in Norris.
This represents a 8.4% growth from 622 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 674 were located in what is classified as a rural area.
Homeownership rate in Norris is about 81.3%.
Norris's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Norris were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.70% |
| Two Bedrooms | 26.60% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 20.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $118,800 |
| Median Price asked for vacant units | $97,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $430 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 45.70% |
| Debt Free | 44.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
