Walnut Hill, TN Real Estate
According to census data in the year 2000 there were 1,178 housing units in Walnut Hill.
This represents a 8.8% decline from 1,291 in 1990.
Of those housing units, 650 were located in either urbanized areas or urban clusters, and 528 were located in what is classified as a rural area.
Homeownership rate in Walnut Hill is about 89.8%.
Walnut Hill's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Walnut Hill were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.20% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 54% |
| Four Bedrooms | 15.80% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $90,400 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 45.50% |
| Debt Free | 37.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
