Rural Hill, TN Real Estate
According to census data in the year 2000 there were 708 housing units in Rural Hill.
This represents a 49.4% growth from 474 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 708 were located in what is classified as a rural area.
Homeownership rate in Rural Hill is about 95.1%.
Rural Hill's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 3 people.
The majority of houses, apartments or condos in Rural Hill were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.80% |
| Two Bedrooms | 6.50% |
| Three Bedrooms | 73.20% |
| Four Bedrooms | 15.80% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $174,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 11% |
| Home Equity Loan | 15.20% |
| Simple Mortgage | 54.70% |
| Debt Free | 17.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
