Michie, TN Real Estate
According to census data in the year 2000 there were 308 housing units in Michie.
This represents a 4.8% growth from 294 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 308 were located in what is classified as a rural area.
Homeownership rate in Michie is about 76.8%.
Michie's vacancy rate, including seasonal lodging, is about 12%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Michie were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||0.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1973|
|Median Value of occupied units||$62,700|
|Median Price asked for vacant units||$29,400|
Rented Homes, Apartments and Condos
|Average Household Size||3.35|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$175|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.3%|