Oak Grove, TN Real Estate
According to census data in the year 2000 there were 1,893 housing units in Oak Grove.
This represents a 30% growth from 1,456 in 1990.
Of those housing units, 1,893 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oak Grove is about 68.4%.
Oak Grove's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Oak Grove were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.90% |
| Two Bedrooms | 36.30% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $97,100 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $412 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 50% |
| Debt Free | 37.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.6% |
