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Cumberland City, TN Real Estate


According to census data in the year 2000 there were 171 housing units in Cumberland City. This represents a 8.9% growth from 157 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 171 were located in what is classified as a rural area.

Homeownership rate in Cumberland City is about 69.6%. Cumberland City's vacancy rate, including seasonal lodging, is about 19.3%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Cumberland City were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type5.30%
One Bedroom7.60%
Two Bedrooms42.10%
Three Bedrooms29.80%
Four Bedrooms10.50%
Five Bedrooms or more4.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1969
Median Value of occupied units$52,900
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1981

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage51.50%
Debt Free48.50%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%