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Wartrace, TN Real Estate


According to census data in the year 2000 there were 254 housing units in Wartrace. This represents a 11.9% growth from 227 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 Wartrace is about 84.9%. Wartrace's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Wartrace were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.50%
Two Bedrooms32.30%
Three Bedrooms47.60%
Four Bedrooms9.80%
Five Bedrooms or more2.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1958
Median Value of occupied units$64,700
Median Price asked for vacant units$73,800

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1987

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.40%
Home Equity Loan2.80%
Simple Mortgage47.20%
Debt Free48.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%