Oakland, TN Real Estate
According to census data in the year 2000 there were 580 housing units in Oakland.
This represents a 332.8% growth from 134 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 580 were located in what is classified as a rural area.
Homeownership rate in Oakland is about 88.4%.
Oakland's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Oakland were built after 1997.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.20% |
| Two Bedrooms | 8.30% |
| Three Bedrooms | 73.10% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1997 |
| Median Value of occupied units | $122,600 |
| Median Price asked for vacant units | $130,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 82.10% |
| Debt Free | 12.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
