Gates, TN Real Estate
According to census data in the year 2000 there were 293 housing units in Gates.
This represents a 21.6% growth from 241 in 1990.
Of those housing units, 285 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Gates is about 60.3%.
Gates's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Gates were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.57|
|Median year structure was built||1971|
|Median Value of occupied units||$51,300|
|Median Price asked for vacant units||$27,500|
Rented Homes, Apartments and Condos
|Average Household Size||3.27|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$242|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|