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.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom13.20%
Two Bedrooms31.90%
Three Bedrooms42.10%
Four Bedrooms10.60%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1969
Median Value of occupied units$58,800
Median Price asked for vacant units$48,000

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1970
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.60%
Home Equity Loan2.70%
Simple Mortgage30%
Debt Free59.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%