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Decatur, TN Real Estate


According to census data in the year 2000 there were 616 housing units in Decatur. This represents a 12% growth from 550 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 616 were located in what is classified as a rural area.

Homeownership rate in Decatur is about 66.4%. Decatur's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Decatur were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.70%
Two Bedrooms24.80%
Three Bedrooms55%
Four Bedrooms7.60%
Five Bedrooms or more0.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1973
Median Value of occupied units$76,300
Median Price asked for vacant units$87,000

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1981
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage0.70%
Home Equity Loan5%
Simple Mortgage45.80%
Debt Free47.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%