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McKenzie, TN Real Estate


According to census data in the year 2000 there were 2,370 housing units in McKenzie. This represents a 9.8% growth from 2,158 in 1990.

Of those housing units, 2,269 were located in either urbanized areas or urban clusters, and 101 were located in what is classified as a rural area.

Homeownership rate in McKenzie is about 65.8%. McKenzie's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in McKenzie were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.70%
Two Bedrooms40.30%
Three Bedrooms40.50%
Four Bedrooms10.50%
Five Bedrooms or more1%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1965
Median Value of occupied units$64,000
Median Price asked for vacant units$62,900

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1975
Median Monthly Rent asked for vacant units$255

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan3%
Simple Mortgage43.20%
Debt Free46.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%