Bledsoe County Area Home Supply Charts

This page looks at a variety of Bledsoe County Tennessee housing market data taken from the most recent 2019 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 indicates it has a housing units of 5,783 which is the second smallest in order of housing units of all the other counties in the greater region.

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 shows it has a housing density of 14.2 which is the second smallest when ranked by housing density of all the other counties in the greater region. The county with the highest housing density in the area is Rhea County which depicts a density of 46.5 (approximately 3.3 times bigger). Comparing housing density to the United States average of 38.6, Bledsoe County is approximately a third the size. Also, measured against the state of Tennessee, housing density of 70.9, 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 shows it has a change in the housing units of 1.1% which is the second smallest when ranked by change in the housing units of all the other counties in the local area. The county with the highest change in the housing units in the area is Cumberland County which shows a housing units of 4.1% (approximately 3.6 times bigger). Comparing change in the housing units to the United States average of 4.9%, Bledsoe County is approximately a quarter the size. Also, compared to the state of Tennessee, change in the housing units of 4.2%, Bledsoe County is approximately a third 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 depicts it has a renter percent of 25.8% 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 an owner percent of 74.2% which is the second smallest when sorted by owner percent of all the other counties in the greater region.

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 depicts it has a median home price of $129,400 which is the third most of all 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 $143,000 (10.5% 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 depicts it has a rental rates of $641 which is less than most other counties in the area. The county with the highest rental rates in the area is Meigs County which depicts a rental rates of $701 (9.4% larger). Comparing rental rates to the United States average of $1,023, Bledsoe County is approximately three-fourths the size. Also, in contrast to the state of Tennessee, rental rates of $841, 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 one of the largest proportions of home price worth less than $50,000 at 17% of the total and is ranked #2. The only larger county being Van Buren County with 20%. Second, it has the second smallest when sorted by home price worth less than $50,000 of all the other counties in the area in order of home price worth between $50,000 to $100,000 at 20% of the total. Third, it has the smallest proportion of home price worth between $500,000 to $750,000 at 1% of the total.

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 shows it has a median ownership cost of $556 which is in the center range of other counties in the local area. 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 cost as a percent of household income of 15% which is in the center range of other counties in the greater 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 a percent of median worker earnings of 346% which is the second most of all the counties in the greater 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 shows it has a median housing cost of $962 which is in the center range of other counties in the local 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 housing cost of $357 which is the most of all counties in the greater Bledsoe County region.

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 between $300 and $500 at 23% of the total. Second, it has the largest proportion of owner cost between $500 and $700 at 20% of the total and is ranked #1. Third, it has the smallest proportion of owner cost between $1,000 and $1,500 at 10% of the total. Also, it has the smallest proportion of owner cost between $2,000 and $2,500 at 1% of the total.

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 cost as a percent of household income of 19% which is the second smallest when sorted by cost as a percent of household income of all the other counties in the metro area. The county with the highest cost as a percent of household income in the area is Van Buren County which depicts a cost as a percent of household income of 23% (22.5% 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 depicts it has a cost as a percent of household income of 12% 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 largest proportion of rent as a percent of income is less than 10 pct at 7% of the total and is ranked #1. Second, it has the second smallest in order of rent as a percent of income is less than 10 pct of all the other counties in the local area when ranked by rent as a percent of income is between 10pct to 20pct at 16% of the total. Third, 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 metro area as measured by rent as a percent of income is between 30pct to 40pct at 7% of the total. Also, it has the second smallest as measured by rent as a percent of income is less than 10 pct of all the other counties in the metropolitan area in order of rent as a percent of income is between 40pct to 50pct at 4% of the total. In addition, it has less than most other counties in the metropolitan area as measured by rent as a percent of income is over 50pct at 14% 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 largest proportion of housing cost between $500 and $700 at 19% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $1,000 and $1,500 at 8% of the total. Third, it has the smallest proportion of housing cost between $2,000 and $2,500 at 0% of the total.

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 $558 which is less than most other counties in the local area. The county with the highest median real estate taxes paid in the area is Sequatchie County which shows a taxes paid of $825 (47.8% larger). Comparing median real estate taxes paid to the United States average of $2,375, Bledsoe County is approximately a quarter the size. Also, measured against the state of Tennessee, median real estate taxes paid of $1,153, 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 500 and 750 dollars the second smallest when ranked by rent less than 300 dollars of all the other counties in the local area at 23% 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 percentage of with mortgage the second smallest when ranked by with mortgage of all the other counties in the greater region at 41% of the total. Second, it has the smallest proportion of 2nd mortgage or heloc-not both at 0% of the total. Third, it has the smallest proportion of 2nd mortgage at 0% of the total. Also, it has one of the largest proportions of no mortgage at 59% of the total and is ranked #2. The only larger county being Van Buren County with 60%.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Bledsoe County has the percentage of houses with mortgages the second smallest when ranked by houses with a mortgage of all the other counties in the surrounding region at 41% of the total. Second, it has one of the largest proportions of houses without mortgages at 59% of the total and is ranked #2. The only larger county being Van Buren County with 60%.

Bledsoe County Home Characteristics Charts

The next section of charts provide a wide range of metrics related to the housing market physical characteristics which can be useful for a real estate investor. Figure 27 looks at the number of people living in a typical house in the real estate market starting with the average household size (families and non families). Bledsoe County has the largest proportion of housing density at 2.8 of the total and is ranked #1. Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 3.3 which is the second most family members per housing unit of all the counties in the greater Bledsoe County region. The county with the highest family members per housing unit in the area is Rhea County which shows a family members per housing unit of 3.3 ( about the same size). Comparing family members per housing unit to the United States average of 3.3, Bledsoe County is about the same size. Also, measured against the state of Tennessee, family members per housing unit of 3.2, Bledsoe County is only slightly larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house 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 indicates 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 year built of 1991 which is the second most year built of all the counties in the greater Bledsoe County region. The county with the highest year built in the area is Sequatchie County which depicts a year built of 1996 ( 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 between 2010 to 2013 the second smallest in order of homes built in 2014 or later of all the other counties in the local area at 3% of the total. Second, it has the largest proportion of homes built between 1990 to 1999 at 28% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1970 to 1979 at 13% of the total. Also, it has one of the largest proportions of homes built between 1939 or earlier at 6% of the total and is ranked #3. Only #2 White County (6%), and #1 Van Buren County (6%) are larger.

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 the second smallest when sorted by owner-occupied housing units of all the other counties in the metropolitan area at 3,600 of the total. Second, it has less than most other counties in the surrounding region in terms of renter housing units at 1,253 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 63% of the total. Second, it has the smallest proportion of 2 units at 0% of the total. Third, it has the largest proportion of 5 to 9 units at 2% of the total and is ranked #1. Also, it has the largest proportion of 50 or more units at 1% of the total and is ranked #1. In addition, it has one of the largest proportions of mobile home at 31% of the total and is ranked #2. The only larger county being Meigs County with 32%. Furthermore, it has the largest proportion of boat, rv, van, etc. at 1% of the total and is ranked #1.

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 2010 to 2013 in the mid range of other counties in the local area at $113,200 of the total. Second, it has in the center range of other counties in the metro area as measured by value of homes built 2000 to 2009 at $160,900 of the total. Third, it has one of the largest proportions of value of homes built 1990 to 1999 at $139,600 of the total and is ranked #2. The only larger county being Cumberland County with $146,100. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $128,300 of the total and is ranked #3. Only #2 Cumberland County ($133,900), and #1 Sequatchie County ($144,500) are larger. In addition, it has in the center range of other counties in the metropolitan area when sorted by value of homes built 1970 to 1979 at $116,300 of the total. Furthermore, it has the second smallest when sorted by value of homes built 2014 or later of all the other counties in the metro area as measured by value of homes built 1960 to 1969 at $82,500 of the total. Next it has the largest proportion of value of homes built 1940 to 1949 at $133,000 of the total and is ranked #1. Additionally, it has one of the largest proportions of value of homes built 1939 or earlier at $104,500 of the total and is ranked #3. Only #2 Meigs County ($117,300), and #1 Cumberland County ($118,600) are larger.

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 homeowner household size of 2.8 which is the highest of all counties in the greater Bledsoe County region.

Figure 37 shows the household size for renters. Bledsoe County shows it has a renter household size of 2.8 which is the most of all counties in the metro area. Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 1990 to 1999 at 25% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Bledsoe County has one of the largest proportions of renters moved in 2017 or later at 14% of the total and is ranked #3. Only #2 Meigs County (15%), and #1 Rhea County (17%) are larger. Second, it has the smallest proportion of renters moved in 2015 to 2016 at 10% of the total. Third, it has one of the largest proportions of renters moved in 2010 to 2014 at 49% of the total and is ranked #3. Only #2 Cumberland County (50%), and #1 Sequatchie County (51%) are larger. Also, it has one of the largest proportions of renters moved in 1989 or earlier at 6% of the total and is ranked #2. The only larger county being Van Buren County with 15%.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 2003 which is in the middle range of other counties in the greater region. Figure 41 compares the median year that renters moved into their home. Bledsoe County shows it has a median year that a renter moved in of 2012 which is in the center range of other counties in the greater 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 home using bottled, tank, or lp gas at 13% of the total and is ranked #1. Second, it has the smallest proportion of home using electricity at 47% of the total. Third, it has the largest proportion of homes using kerosene or other fuel oils at 5% of the total and is ranked #1. Also, it has the largest proportion of homes using wood at 16% of the total and is ranked #1. In addition, it has one of the largest proportions of homes using some other fuel at 0% of the total and is ranked #2. The only larger county being Van Buren County with 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 shows it has a total people living in group quarters of 1,165 which is more than all other counties in the greater Bledsoe County region.