Parsons, TN Real Estate
According to census data in the year 2000 there were 1,194 housing units in Parsons.
This represents a 28.7% growth from 928 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,194 were located in what is classified as a rural area.
Homeownership rate in Parsons is about 62%.
Parsons's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Parsons were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 13.20% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 42.10% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $58,800 |
| Median Price asked for vacant units | $48,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 30% |
| Debt Free | 59.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
