Tennessee Ridge, TN Real Estate
According to census data in the year 2000 there were 583 housing units in Tennessee Ridge.
This represents a 16.8% growth from 499 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 583 were located in what is classified as a rural area.
Homeownership rate in Tennessee Ridge is about 82.2%.
Tennessee Ridge's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Tennessee Ridge were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 3.90% |
| Two Bedrooms | 25% |
| Three Bedrooms | 59% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $64,000 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 38.90% |
| Debt Free | 52.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
