Union City, TN Real Estate
According to census data in the year 2000 there were 5,005 housing units in Union City.
This represents a 8.6% growth from 4,609 in 1990.
Of those housing units, 4,683 were located in either urbanized areas or urban clusters, and 322 were located in what is classified as a rural area.
Homeownership rate in Union City is about 55.2%.
Union City's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Union City were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 14.50% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $71,700 |
| Median Price asked for vacant units | $89,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $262 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 46.80% |
| Debt Free | 40.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
