Gallaway, TN Real Estate

According to census data in the year 2000 there were 265 housing units in Gallaway. This represents a 25.6% growth from 211 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 265 were located in what is classified as a rural area.

Homeownership rate in Gallaway is about 29.5%. Gallaway's vacancy rate, including seasonal lodging, is about 14.3%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Gallaway were built after 1976.


Housing Size

Housing Units by Size
Studio Type4.90%
One Bedroom32.80%
Two Bedrooms20%
Three Bedrooms38.90%
Four Bedrooms3.40%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1978
Median Value of occupied units$52,500
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1975
Median Monthly Rent asked for vacant units$306

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan4.70%
Simple Mortgage55.80%
Debt Free32.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs12.8%