Loudon, TN Real Estate
According to census data in the year 2000 there were 1,970 housing units in Loudon.
This represents a 7.5% growth from 1,832 in 1990.
Of those housing units, 1,813 were located in either urbanized areas or urban clusters, and 157 were located in what is classified as a rural area.
Homeownership rate in Loudon is about 66%.
Loudon's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Loudon were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.16|
|Median year structure was built||1958|
|Median Value of occupied units||$73,800|
|Median Price asked for vacant units||$54,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$511|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.3%|