Tullahoma, TN Real Estate
According to census data in the year 2000 there were 7,862 housing units in Tullahoma.
This represents a 10.4% growth from 7,119 in 1990.
Of those housing units, 7,372 were located in either urbanized areas or urban clusters, and 490 were located in what is classified as a rural area.
Homeownership rate in Tullahoma is about 65.6%.
Tullahoma's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Tullahoma were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 8.20% |
| Two Bedrooms | 27.80% |
| Three Bedrooms | 46% |
| Four Bedrooms | 14.90% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $80,500 |
| Median Price asked for vacant units | $66,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $340 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 46.90% |
| Debt Free | 41.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
