Petersburg, TN Real Estate
According to census data in the year 2000 there were 254 housing units in Petersburg.
This represents a 7.2% growth from 237 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.
Homeownership rate in Petersburg is about 71.3%.
Petersburg's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Petersburg were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.70% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 47.60% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $42,800 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 42% |
| Debt Free | 54.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
