Haywood County Area Home Supply Charts

This page looks at a variety of Haywood County Tennessee housing market data taken from the most recent 2021 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. Haywood County indicates it has a Housing Units of 8,419 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 Haywood County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Haywood County depicts it has a Housing Density of 15.8 which is the smallest in terms of housing density of all the other counties in the metro area. The county with the highest housing density in the area is Madison County which depicts a density of 77.8 (approximately 4.9 times bigger). Comparing housing density to the United States average of 39.2, Haywood County is approximately half the size. Also, in contrast to the state of Tennessee, housing density of 72.5, Haywood County is approximately a fifth the size.

In Figure 4, Haywood County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Haywood County shows it has a Housing Unit Change of 1.3% which is less than most other counties in the greater region. The county with the highest change in the housing units in the area is Fayette County which depicts a housing units of 11.3% ( substantially bigger). Comparing change in the housing units to the United States average of 6.5%, Haywood County is approximately a fifth the size. Also, benchmarked against the state of Tennessee, change in the housing units of 6.5%, Haywood County is approximately a fifth 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.) Haywood County depicts it has a Renter Percent of 41.1% which is the second most renter percent of all the counties in the greater Haywood County region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 58.9% which is the second smallest when ranked by owner percent of all the other counties in the greater region.

Haywood County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Haywood County home price is illustrated for this community and a useful analysis of affordable housing. Haywood County depicts it has a Median Home Value of $103,600 which is in the mid point range of other counties in the local area. The county with the highest median home price in the area is Fayette County which shows a home price of $218,600 (about twice as large). Figure 8 provides aggregate comparative data for the Haywood County Tennessee metro area in terms of the median housing rental rate, apartment rent, etc. Haywood County depicts it has a Median Gross Rent of $649 which is the second smallest when ranked by rental rates of all the other counties in the surrounding region. The county with the highest rental rates in the area is Madison County which depicts a rental rates of $875 (34.8% larger). Comparing rental rates to the United States average of $1,096, Haywood County is approximately three-fourths the size. Also, compared to the state of Tennessee, rental rates of $897, Haywood 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. Haywood County has one of the largest proportions of home price worth less than $50,000 at 37% of the total and is ranked #2. The only larger county being Lauderdale County with 39%. Second, it has the smallest proportion of home price worth between $750,000 to $1,000,000 at 0% of the total. Third, it has the smallest proportion of home price worth between $1,000,000 to $1,500,000 at 0% of the total. Also, it has the smallest proportion of home price worth between $1,500,000 to $2,000,000 at 0% 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. Haywood County depicts it has a Median Owner Cost of $742 which is in the mid point range of other counties in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Haywood County metro area. it has a Owner Cost as % of HH Income of 18% which is more than all other counties in the greater Haywood County 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. Haywood County shows it has a Median Home Value as Percent of Median Earnings of 290% which is in the middle range of other counties in the area.

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.) Haywood County shows it has a Median Owner Costs-With Mortgage of $980 which is in the mid range of other counties in the greater region. 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 $375 which is less than most other counties in the metro 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. Haywood County has the percentage of owner cost less than $300 the second smallest when ranked by owner cost less than $300 of all the other counties in the area at 20% of the total. Second, it has the largest proportion of owner cost between $500 and $700 at 26% 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.) Haywood County depicts it has a % of Income Owner Costs-With Mortgage of 22% which is ranked #1 of all counties in the greater Haywood County region. 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. Haywood County indicates it has a % of Income Owner Costs-No Mortgage of 12% which is more than all other counties in the greater Haywood 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.) Haywood County has one of the largest proportions of rent as a percent of income is less than 10 pct at 22% of the total and is ranked #3. Only #2 Hardeman County (24%), and #1 Tipton County (27%) are larger. Second, it has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 11% of the total. Third, it has less than most other counties in the metro area in order of rent as a percent of income is between 40pct to 50pct at 18% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Haywood County has the largest proportion of housing cost between $500 and $700 at 27% 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 $765 which is in the mid range of other counties in the local area. The county with the highest median real estate taxes paid in the area is Madison County which shows a taxes paid of $1,016 (32.8% larger). Comparing median real estate taxes paid to the United States average of $2,551, Haywood County is approximately a third the size. Also, compared with the state of Tennessee, median real estate taxes paid of $1,217, Haywood County is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Haywood County Tennessee has one of the largest proportions of rent between 300 and 500 dollars at 38% of the total and is ranked #2. The only larger county being Lauderdale County with 38%. Second, it has the second smallest when ranked by rent less than 300 dollars of all the other counties in the greater region in order of rent between 750 and 1000 dollars at 6% of the total. Third, it has the largest proportion of rent between $2,500 and $3,500 at 1% of the total and is ranked #1.

Haywood County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Haywood County has the largest proportion of No 2nd Mortgage or HELOC at 8% of the total and is ranked #1. Second, it has the largest proportion of With Multiple Mortgages at 1% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 5% of the total and is ranked #1. Also, it has in the mid range of other counties in the metro area when ranked by With HELOC no Primary Mortgage at 44% of the total.

Haywood County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.1 which is in the middle range of other counties in the local area. The county with the highest family members per housing unit in the area is Tipton County which depicts a family members per housing unit of 3.3 (7.2% larger). Comparing family members per housing unit to the United States average of 3.3, Haywood County is about 8.1% smaller. Also, benchmarked against the state of Tennessee, family members per housing unit of 3.2, Haywood County is only about 3.6% smaller.

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 5.5 which is less than most other counties in the surrounding region. The county with the highest average number of rooms in a house in the area is Fayette County which shows an average number of rooms in a house of 6.4 (16.4% 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 1977 which is the second smallest when sorted by year built of all the other counties in the metro area. The county with the highest year built in the area is Fayette County which depicts a year built of 1995 ( 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 in order of homes built in 2014 or later of all the other counties in the metro area at 1% of the total. Second, it has less than most other counties in the local area in terms of homes built between 2010 to 2013 at 13% of the total. Third, it has the smallest proportion of homes built between 2000 to 2009 at 12% of the total. Also, it has one of the largest proportions of homes built between 1940 to 1949 at 8% of the total and is ranked #2. The only larger county being Crockett County with 10%.

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 2,939 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit detached at 3% 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 2014 or later less than most other counties in the metro area at $164,800 of the total. Second, it has less than most other counties in the local area in order of value of homes built 2010 to 2013 at $128,000 of the total. Third, it has in the mid range of other counties in the surrounding region in terms of value of homes built 2000 to 2009 at $109,700 of the total. Also, it has less than most other counties in the metropolitan area in terms of value of homes built 1990 to 1999 at $106,000 of the total. In addition, it has the second smallest when sorted by value of homes built 2014 or later of all the other counties in the metropolitan area as measured by value of homes built 1980 to 1989 at $83,600 of the total. Furthermore, it has less than most other counties in the greater region when ranked by value of homes built 1970 to 1979 at $85,300 of the total. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $103,200 of the total and is ranked #3. Only #2 Tipton County ($118,600), and #1 Fayette County ($236,100) are larger. Additionally, it has the second smallest when ranked by value of homes built 2014 or later of all the other counties in the greater region when sorted by value of homes built 1950 to 1959 at $75,700 of the total. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $186,200 of the total and is ranked #2. The only larger county being Fayette County with $212,500.

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 Haywood County residents. it has a Owner-Household Size of 2.4 which is less than most other counties in the local area. The county with the highest homeowner household size in the area is Tipton County which depicts a homeowner household size of 2.8 (15.7% larger).

Figure 37 shows the household size for renters. Haywood County shows it has a Renter-Household Size of 2.4 which is the second smallest as measured by renter household size of all the other counties in the surrounding region. The county with the highest renter household size in the area is Tipton County which depicts a renter household sizes of 2.8 (18.9% larger). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2019 or later at 10% of the total. Second, it has the smallest proportion of owners moved in 2015 to 2018 at 14% of the total. Third, it has the largest proportion of owners moved in 1990 to 1999 at 27% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Haywood County has one of the largest proportions of renters moved in 2019 or later at 45% of the total and is ranked #2. The only larger county being Madison County with 50%. Second, it has the smallest proportion of renters moved in 2015 to 2018 at 25% 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 2001 which is less than most other counties in the local area. Figure 41 compares the median year that renters moved into their home. Haywood County shows it has a Renter Median Year Moved In of 2014 which is less than most 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 one of the largest proportions of home using bottled, tank, or lp gas at 49% of the total and is ranked #2. The only larger county being Crockett County with 55%. Second, it has the largest proportion of homes using kerosene or other fuel oils at 0% 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 Haywood County housing department, Tennessee department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Haywood County shows it has a Total In Group Quarters of 226 which is the second smallest as measured by total people living in group quarters of all the other counties in the metro area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Haywood County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Haywood County has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.