Spurgeon, TN Real Estate
According to census data in the year 2000 there were 1,516 housing units in Spurgeon.
This represents a 19.7% growth from 1,266 in 1990.
Of those housing units, 1,411 were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.
Homeownership rate in Spurgeon is about 73.8%.
Spurgeon's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Spurgeon were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 29.20% |
| Three Bedrooms | 55.60% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $93,300 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $374 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 44.10% |
| Debt Free | 42.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
