Shelbyville, TN Real Estate
According to census data in the year 2000 there were 6,432 housing units in Shelbyville.
This represents a 4.4% growth from 6,163 in 1990.
Of those housing units, 6,008 were located in either urbanized areas or urban clusters, and 424 were located in what is classified as a rural area.
Homeownership rate in Shelbyville is about 57.9%.
Shelbyville's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Shelbyville were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 10% |
| Two Bedrooms | 36.60% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $69,600 |
| Median Price asked for vacant units | $83,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $417 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 51.70% |
| Debt Free | 41% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
