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Union City, TN Real Estate


According to census data in the year 2000 there were 5,005 housing units in Union City. This represents a 8.6% growth from 4,609 in 1990.

Of those housing units, 4,683 were located in either urbanized areas or urban clusters, and 322 were located in what is classified as a rural area.

Homeownership rate in Union City is about 55.2%. Union City's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Union City were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom14.50%
Two Bedrooms34.50%
Three Bedrooms39.90%
Four Bedrooms9%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1964
Median Value of occupied units$71,700
Median Price asked for vacant units$89,600

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1967
Median Monthly Rent asked for vacant units$262

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.10%
Home Equity Loan4.80%
Simple Mortgage46.80%
Debt Free40.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%