Ridgetop, TN Real Estate
According to census data in the year 2000 there were 402 housing units in Ridgetop.
This represents a 3.3% growth from 389 in 1990.
Of those housing units, 371 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.
Homeownership rate in Ridgetop is about 86.4%.
Ridgetop's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Ridgetop were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.50% |
| Two Bedrooms | 15.20% |
| Three Bedrooms | 61.20% |
| Four Bedrooms | 18.40% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $110,300 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1968 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 54.40% |
| Debt Free | 34% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
