Pickett County Area Home Supply Charts

This page looks at a variety of Pickett 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. Pickett County depicts it has a housing units of 3,487 which is the smallest when ranked by housing units of all the other counties in the surrounding region.

Figure 2 illustrates the housing density in the Pickett County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Pickett County shows it has a housing density of 21.4 which is in the mid range of other counties in the metropolitan area. The county with the highest housing density in the area is Clinton County which depicts a density of 26.8 (25.4% larger). Comparing housing density to the United States average of 38.6, Pickett County is approximately half the size. Also, benchmarked against the state of Tennessee, housing density of 70.9, Pickett County is approximately a third the size.

In Figure 4, Pickett County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Pickett County depicts it has a change in the housing units of 0.7% which is the third most housing units of all other counties in the greater Pickett County region. The county with the highest change in the housing units in the area is Clay County which shows a housing units of 1.1% (52.0% larger). Comparing change in the housing units to the United States average of 4.9%, Pickett County is approximately a sixth the size. Also, in comparison with the state of Tennessee, change in the housing units of 4.2%, Pickett 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.) Pickett County depicts it has a renter percent of 18.5% which is the smallest when ranked by renter percent of all the other counties in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 81.5% which is the most of all counties in the greater Pickett County region.

Pickett County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Pickett County home price is illustrated for this community and a useful analysis of affordable housing. Pickett County depicts it has a median home price of $151,900 which is more than all other counties in the greater Pickett County region. Figure 8 provides aggregate comparative data for the Pickett County Tennessee metro area in terms of the median housing rental rate, apartment rent, etc. Pickett County depicts it has a rental rates of $522 which is the second most of all the counties in the surrounding region. The county with the highest rental rates in the area is Wayne County which depicts a rental rates of $542 (only about 3.8% larger). Comparing rental rates to the United States average of $1,023, Pickett County is approximately half the size. Also, compared to the state of Tennessee, rental rates of $841, Pickett 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. Pickett County has the percentage of home price worth less than $50,000 the second smallest when sorted by home price worth less than $50,000 of all the other counties in the metro area at 18% of the total. Second, it has the smallest proportion of home price worth between $50,000 to $100,000 at 21% of the total. Third, it has the largest proportion of home price worth between $200,000 to $300,000 at 25% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $300,000 to $400,000 at 6% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $750,000 to $1,000,000 at 2% 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. Pickett County indicates it has a median ownership cost of $481 which is the second most median ownership cost of all the counties in the greater Pickett County region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Pickett County metro area. it has a cost as a percent of household income of 13% which is the smallest in terms of cost as a percent of household income of all the other counties in the local area. 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. Pickett County indicates it has a median home value as a percent of median worker earnings of 508% which is the largest of all counties in the metro 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.) Pickett County depicts it has a median housing cost of $939 which is the third most median housing cost of all other counties in the greater Pickett County 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 housing cost of $334 which is the highest of all counties in the local 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. Pickett County has the smallest proportion of owner cost less than $300 at 24% of the total. Second, it has the largest proportion of owner cost between $300 and $500 at 41% of the total and is ranked #1. Third, it has the largest proportion of owner cost between $500 and $700 at 21% of the total and is ranked #1. Also, it has the smallest proportion of owner cost between $700 and $1,000 at 8% of the total. In addition, it has the largest proportion of owner cost between $1,000 and $1,500 at 14% 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.) Pickett County depicts it has a cost as a percent of household income of 16% which is the smallest when ranked by cost as a percent of household income of all the other counties in the surrounding region. The county with the highest cost as a percent of household income in the area is Cumberland County which shows a cost as a percent of household income of 28% (74.1% 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. Pickett County depicts it has a cost as a percent of household income of 9% 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 Clay County which depicts a cost as a percent of household income of 12% (32.2% larger).

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.) Pickett County has the smallest proportion of rent as a percent of income is less than 10 pct at 0% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 24% of the total and is ranked #2. The only larger county being Clinton County with 31%. Third, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 17% of the total and is ranked #1. Also, it has the smallest proportion of rent as a percent of income is over 50pct at 3% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Pickett County has the smallest proportion of housing cost less than $300 at 22% of the total. Second, it has the largest proportion of housing cost between $500 and $700 at 21% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $1,000 and $1,500 at 11% 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 $559 which is in the center range of other counties in the metro area. The county with the highest median real estate taxes paid in the area is Clay County which depicts a taxes paid of $644 (15.2% larger). Comparing median real estate taxes paid to the United States average of $2,375, Pickett County is approximately a quarter the size. Also, measured against the state of Tennessee, median real estate taxes paid of $1,153, Pickett County is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Pickett County Tennessee has the smallest proportion of rent between 300 and 500 dollars at 18% of the total. Second, it has the largest proportion of rent between 750 and 1000 dollars at 15% of the total and is ranked #1.

Pickett County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Pickett County has the largest proportion of no 2nd mortgage and no heloc at 41% of the total and is ranked #1. Second, it has the second smallest in order of with mortgage of all the other counties in the metro area in order of no mortgage at 56% of the total.

Pickett 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). Pickett County has the smallest proportion of housing density at 2.3 of the total. Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.7 which is the smallest when ranked by family members per housing unit of all the other counties in the greater region. The county with the highest family members per housing unit in the area is Clinton County which shows a family members per housing unit of 3.5 (29.6% larger). Comparing family members per housing unit to the United States average of 3.3, Pickett County is about 23.3% smaller. Also, measured against the state of Tennessee, family members per housing unit of 3.2, Pickett County is about 18.2% smaller.

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 5.1 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 Fentress County which depicts an average number of rooms in a house of 5.4 (only about 5.9% 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 1987 which is the second most of all the counties in the local area. The county with the highest year built in the area is Clay County which shows a year built of 1989 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built between 1960 to 1969 at 3% of the total. Second, it has in the center range of other counties in the area in terms of homes built between 1939 or earlier at 5% of the total.

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 smallest proportion of owner housing units at 1,807 of the total. Second, it has the smallest proportion of renter housing units at 411 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 3 or 4 units at 0% of the total. Second, it has the largest proportion of 50 or more units at 0% of the total and is ranked #1. Third, it has one of the largest proportions of mobile home at 30% of the total and is ranked #2. The only larger county being Clinton County with 34%.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2014 or later at $212,500 of the total and is ranked #1. Second, it has one of the largest proportions of value of homes built 2010 to 2013 at $184,700 of the total and is ranked #2. The only larger county being Fentress County with $271,400. Third, it has the largest proportion of value of homes built 2000 to 2009 at $208,900 of the total and is ranked #1. Also, it has the second smallest when ranked by value of homes built 2014 or later of all the other counties in the local area when ranked by value of homes built 1990 to 1999 at $54,100 of the total. In addition, it has the largest proportion of value of homes built 1980 to 1989 at $153,600 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1970 to 1979 at $152,300 of the total and is ranked #1. Next it has the largest proportion of value of homes built 1960 to 1969 at $147,300 of the total and is ranked #1. Additionally, it has in the mid range of other counties in the local area in order of value of homes built 1950 to 1959 at $73,200 of the total. And then, it has the largest proportion of value of homes built 1940 to 1949 at $326,300 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1939 or earlier at $261,200 of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the smallest proportion of occupied housing units at 64% of the total. Second, it has the largest proportion of vacant housing units at 36% 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 Pickett County residents. it has a homeowner household size of 2.3 which is the smallest when ranked by homeowner household size of all the other counties in the metropolitan area. The county with the highest homeowner household size in the area is Wayne County which shows a homeowner household size of 2.5 (10.2% larger).

Figure 37 shows the household size for renters. Pickett County shows it has a renter household size of 2.2 which is the smallest in terms of renter household size of all the other counties in the metro area. The county with the highest renter household size in the area is Clinton County which shows a renter household sizes of 3.0 (32.9% larger). 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 1% of the total. Second, it has the smallest proportion of owners moved in 2015 to 2016 at 3% of the total. Third, it has the largest proportion of owners moved in 2010 to 2014 at 26% of the total and is ranked #1. Also, it has the smallest proportion of owners moved in 2000 to 2009 at 27% of the total. Figure 39 shows the year that people who rent moved into the area. Pickett County has the percentage of renters moved in 2017 or later in the mid point range of other counties in the greater region at 11% of the total. Second, it has the largest proportion of renters moved in 2000 to 2009 at 25% of the total and is ranked #1. Third, it has the smallest proportion of renters moved in 1990 to 1999 at 0% of the total.

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 2001 which is less than most other counties in the metro area. Figure 41 compares the median year that renters moved into their home. Pickett County shows it has a median year that a renter moved in of 2013 which is at the top of all other counties in the greater Pickett 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 home using bottled, tank, or lp gas at 23% 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 Pickett County housing department, Tennessee department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Pickett County shows it has a total people living in group quarters of 86 which is the smallest when sorted 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 Pickett 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.) Pickett County has the largest proportion of number of people 18 years of age and older living in group quarters at 100% of the total and is ranked #1.