Munford, TN Real Estate
According to census data in the year 2000 there were 1,714 housing units in Munford.
This represents a 87.9% growth from 912 in 1990.
Of those housing units, 1,055 were located in either urbanized areas or urban clusters, and 659 were located in what is classified as a rural area.
Homeownership rate in Munford is about 70.4%.
Munford's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Munford were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 3.20% |
| Two Bedrooms | 11.20% |
| Three Bedrooms | 68.60% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $102,500 |
| Median Price asked for vacant units | $93,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $382 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.70% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 54.70% |
| Debt Free | 21% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
