Bledsoe County Area Home Supply Charts

This page looks at a variety of Bledsoe County Tennessee housing market data taken from the most recent 2020 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Bledsoe County depicts it has a Housing Units of 5,763 which is the second smallest as measured by housing units of all the other counties in the metro area.

Figure 2 illustrates the housing density in the Bledsoe County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Bledsoe County depicts it has a Housing Density of 14.2 which is the second smallest when sorted by housing density of all the other counties in the local area. The county with the highest housing density in the area is Rhea County which shows a density of 46.5 (approximately 3.3 times bigger). Comparing housing density to the United States average of 38.9, Bledsoe County is approximately a third the size. Also, compared to the state of Tennessee, housing density of 71.7, Bledsoe County is approximately a fifth the size.

In Figure 4, Bledsoe County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Bledsoe County depicts it has a Housing Unit Change of 0.8% which is the smallest in terms of change in the housing units of all the other counties in the metro area. The county with the highest change in the housing units in the area is Cumberland County which depicts a housing units of 5.6% ( markedly bigger). Comparing change in the housing units to the United States average of 5.7%, Bledsoe County is approximately an eigth the size. Also, benchmarked against the state of Tennessee, change in the housing units of 5.4%, Bledsoe County is approximately a sixth the size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Bledsoe County shows it has a Renter Percent of 26.2% which is the second most renter percent of all the counties in the greater Bledsoe County region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 73.8% which is the second smallest in terms of owner percent of all the other counties in the metro area.

Bledsoe County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Bledsoe County home price is illustrated for this community and a useful analysis of affordable housing. Bledsoe County indicates it has a Median Home Value of $134,600 which is in the middle range of other counties in the local area. The county with the highest median home price in the area is Cumberland County which shows a home price of $153,200 (13.8% larger). Figure 8 provides aggregate comparative data for the Bledsoe County Tennessee metro area in terms of the median housing rental rate, apartment rent, etc. Bledsoe County shows it has a Median Gross Rent of $656 which is less than most other counties in the area. The county with the highest rental rates in the area is Meigs County which shows a rental rates of $726 (10.7% larger). Comparing rental rates to the United States average of $1,062, Bledsoe County is approximately three-fourths the size. Also, compared with the state of Tennessee, rental rates of $869, Bledsoe County is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Bledsoe County has the percentage of home price worth less than $50,000 the second smallest in terms of home price worth less than $50,000 of all the other counties in the local area at 20% of the total. Second, it has the smallest proportion of home price worth between $400,000 to $500,000 at 1% of the total. Third, it has the largest proportion of home price worth between $750,000 to $1,000,000 at 1% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 1% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 1% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Bledsoe County depicts it has a Median Owner Cost of $599 which is the second most median ownership cost of all the counties in the greater Bledsoe County region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Bledsoe County metro area. it has a Owner Cost as % of HH Income of 15% which is in the mid range of other counties in the surrounding region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Bledsoe County depicts it has a Median Home Value as Percent of Median Earnings of 365% which is the second most median home value as a percent of median worker earnings of all the counties in the greater Bledsoe County region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Bledsoe County depicts it has a Median Owner Costs-With Mortgage of $967 which is less than most other counties in the metro area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $362 which is at the top of all other counties in the metropolitan area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Bledsoe County has the smallest proportion of owner cost less than $300 at 15% of the total. Second, it has the largest proportion of owner cost between $300 and $500 at 24% of the total and is ranked #1. Third, it has the smallest proportion of owner cost between $500 and $700 at 15% of the total. Also, it has the smallest proportion of owner cost between $1,500 and $2,000 at 1% of the total. In addition, it has the largest proportion of owner cost between $3,000 and $3,500 at 1% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Bledsoe County shows it has a % of Income Owner Costs-With Mortgage of 19% which is the second smallest in terms of cost as a percent of household income of all the other counties in the greater region. The county with the highest cost as a percent of household income in the area is White County which depicts a cost as a percent of household income of 22% (13.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Bledsoe County shows it has a % of Income Owner Costs-No Mortgage of 11% which is the highest of all counties in the greater Bledsoe County region.

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Bledsoe County has the percentage of rent as a percent of income is less than 10 pct less than most other counties in the greater region at 19% of the total. Second, it has the second smallest in terms of rent as a percent of income is less than 10 pct of all the other counties in the greater region when ranked by rent as a percent of income is between 30pct to 40pct at 4% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Bledsoe County has the smallest proportion of housing cost less than $300 at 15% of the total. Second, it has the largest proportion of housing cost between $300 and $500 at 23% of the total and is ranked #1. Third, it has the smallest proportion of housing cost between $1,500 and $2,000 at 1% of the total. Also, it has the largest proportion of housing cost between $2,500 and $3,000 at 2% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $599 which is in the center range of other counties in the greater region. The county with the highest median real estate taxes paid in the area is Sequatchie County which depicts a taxes paid of $833 (39.1% larger). Comparing median real estate taxes paid to the United States average of $2,471, Bledsoe County is approximately a quarter the size. Also, measured against the state of Tennessee, median real estate taxes paid of $1,190, Bledsoe County is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Bledsoe County Tennessee has the percentage of rent between 300 and 500 dollars less than most other counties in the greater region at 27% of the total.

Bledsoe County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Bledsoe County has the smallest proportion of with mortgage at 0% of the total. Second, it has the smallest proportion of 2nd mortgage at 0% of the total.

Bledsoe County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.3 which is the most of all counties in the greater Bledsoe County region. Comparing family members per housing unit to the United States average of 3.3, Bledsoe County is about the same size. Also, compared with the state of Tennessee, family members per housing unit of 3.2, Bledsoe County is only about 4.1% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.7 which is the second most average number of rooms in a house of all the counties in the greater Bledsoe County region. The county with the highest average number of rooms in a house in the area is Cumberland County which shows an average number of rooms in a house of 5.8 ( only slightly larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1991 which is in the mid range of other counties in the metropolitan area. The county with the highest year built in the area is Sequatchie County which depicts a year built of 1997 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2014 or later the second smallest when ranked by homes built in 2014 or later of all the other counties in the local area at 3% of the total. Second, it has in the center range of other counties in the area as measured by homes built between 2010 to 2013 at 18% of the total. Third, it has the largest proportion of homes built between 2000 to 2009 at 29% of the total and is ranked #1. Also, it has one of the largest proportions of homes built between 1940 to 1949 at 7% of the total and is ranked #2. The only larger county being White County with 7%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units less than most other counties in the local area at 1,282 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of one unit detached at 0% of the total. Second, it has the smallest proportion of one unit attached at 0% of the total. Third, it has the largest proportion of 3 or 4 units at 2% of the total and is ranked #1. Also, it has one of the largest proportions of 50 or more units at 29% of the total and is ranked #2. The only larger county being Meigs County with 32%.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later the second smallest when ranked by value of homes built 2014 or later of all the other counties in the greater region at $112,200 of the total. Second, it has in the middle range of other counties in the greater region as measured by value of homes built 2010 to 2013 at $177,400 of the total. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $134,300 of the total and is ranked #3. Only #2 Rhea County ($135,200), and #1 Cumberland County ($149,500) are larger. Also, it has less than most other counties in the metro area in terms of value of homes built 1990 to 1999 at $110,800 of the total. In addition, it has one of the largest proportions of value of homes built 1980 to 1989 at $134,500 of the total and is ranked #3. Only #2 Sequatchie County ($152,700), and #1 Meigs County ($159,900) are larger. Furthermore, it has in the mid point range of other counties in the surrounding region when sorted by value of homes built 1970 to 1979 at $99,200 of the total. Next it has one of the largest proportions of value of homes built 1950 to 1959 at $129,500 of the total and is ranked #2. The only larger county being Sequatchie County with $186,700. Additionally, it has the largest proportion of value of homes built 1940 to 1949 at $137,500 of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Bledsoe County residents. it has a Owner-Household Size of 2.8 which is the largest of all counties in the greater Bledsoe County region.

Figure 37 shows the household size for renters. Bledsoe County depicts it has a Renter-Household Size of 2.7 which is the second most renter household sizes of all the counties in the greater Bledsoe County region. The county with the highest renter household size in the area is Rhea County which depicts a renter household sizes of 2.7 ( about the same size). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2017 or later at 7% of the total. Second, it has the largest proportion of owners moved in 2000 to 2009 at 23% of the total and is ranked #1. Third, it has the smallest proportion of owners moved in 1990 to 1999 at 9% of the total. Figure 39 shows the year that people who rent moved into the area. Bledsoe County has the smallest proportion of renters moved in 2017 or later at 13% of the total. Second, it has one of the largest proportions of renters moved in 2015 to 2016 at 37% of the total and is ranked #2. The only larger county being White County with 40%. Third, it has the smallest proportion of renters moved in 2010 to 2014 at 9% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is in the mid point range of other counties in the local area. Figure 41 compares the median year that renters moved into their home. Bledsoe County indicates it has a Renter Median Year Moved In of 2014 which is the third most median year that a renter moved in of all other counties in the greater Bledsoe County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 13% of the total and is ranked #1. Second, it has the smallest proportion of home using bottled, tank, or lp gas at 44% of the total. Third, it has the largest proportion of home using electricity at 6% of the total and is ranked #1. Also, it has the largest proportion of homes using coal or coke at 17% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Bledsoe County housing department, Tennessee department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Bledsoe County indicates it has a Total In Group Quarters of 1,194 which is the highest of all counties in the greater region.