Sweetwater, TN Real Estate
According to census data in the year 2000 there were 2,500 housing units in Sweetwater.
This represents a 15.3% growth from 2,168 in 1990.
Of those housing units, 2,151 were located in either urbanized areas or urban clusters, and 349 were located in what is classified as a rural area.
Homeownership rate in Sweetwater is about 68.2%.
Sweetwater's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Sweetwater were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 10.60% |
| Two Bedrooms | 35.60% |
| Three Bedrooms | 42.80% |
| Four Bedrooms | 7.20% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $70,700 |
| Median Price asked for vacant units | $96,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $270 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 45.70% |
| Debt Free | 46% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
