Westmoreland, TN Real Estate
According to census data in the year 2000 there were 893 housing units in Westmoreland.
This represents a 26% growth from 709 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 893 were located in what is classified as a rural area.
Homeownership rate in Westmoreland is about 62.5%.
Westmoreland's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Westmoreland were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 14.10% |
| Two Bedrooms | 28.20% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $71,300 |
| Median Price asked for vacant units | $43,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $371 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1% |
| Home Equity Loan | 2% |
| Simple Mortgage | 53.40% |
| Debt Free | 43.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
