Tellico Plains, TN Real Estate
According to census data in the year 2000 there were 425 housing units in Tellico Plains.
This represents a 29.6% growth from 328 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 425 were located in what is classified as a rural area.
Homeownership rate in Tellico Plains is about 54%.
Tellico Plains's vacancy rate, including seasonal lodging, is about 11.1%.
Average household size is 2.07 people.
The majority of houses, apartments or condos in Tellico Plains were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 14.10% |
| Two Bedrooms | 42.80% |
| Three Bedrooms | 36.50% |
| Four Bedrooms | 5.60% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $62,300 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $215 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 0% |
| Simple Mortgage | 37.10% |
| Debt Free | 56.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
