Unicoi County Area Home Supply Charts

This page looks at a variety of Unicoi 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. Unicoi County depicts it has a housing units of 8,893 which is the second smallest in terms of housing units of all the other counties in the greater region.

Figure 2 illustrates the housing density in the Unicoi County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Unicoi County indicates it has a housing density of 47.8 which is in the intermediate range of other counties in the local area. The county with the highest housing density in the area is Washington County which depicts a density of 183.8 (approximately 3.8 times bigger). Comparing housing density to the United States average of 38.6, Unicoi County is 23.7% larger. Also, compared to the state of Tennessee, housing density of 70.9, Unicoi County is approximately three-fourths the size.

In Figure 4, Unicoi County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Unicoi County depicts it has a change in the housing units of 0.7% which is the smallest in terms of 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 Washington County which shows a housing units of 4.8% ( considerably bigger). Comparing change in the housing units to the United States average of 4.9%, Unicoi County is approximately a sixth the size. Also, in contrast to the state of Tennessee, change in the housing units of 4.2%, Unicoi 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.) Unicoi County shows it has a renter percent of 28.8% which is the third most of all other counties in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 71.2% which is less than most other counties in the greater region.

Unicoi County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Unicoi County home price is illustrated for this community and a useful analysis of affordable housing. Unicoi County indicates it has a median home price of $131,000 which is less than most other counties in the metropolitan area. The county with the highest median home price in the area is Madison County which shows a home price of $180,400 (37.7% larger). Figure 8 provides aggregate comparative data for the Unicoi County Tennessee metro area in terms of the median housing rental rate, apartment rent, etc. Unicoi County shows it has a rental rates of $616 which is less than most other counties in the local area. The county with the highest rental rates in the area is Washington County which shows a rental rates of $743 (20.6% larger). Comparing rental rates to the United States average of $1,023, Unicoi County is approximately three-fourths the size. Also, measured against the state of Tennessee, rental rates of $841, Unicoi 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. Unicoi County has one of the largest proportions of home price worth between $50,000 to $100,000 at 28% of the total and is ranked #2. The only larger county being Greene County with 28%. Second, it has the smallest proportion of home price worth between $300,000 to $400,000 at 2% 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. Unicoi County shows it has a median ownership cost of $468 which is the smallest in terms of median ownership cost of all the other counties in the metropolitan area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Unicoi County metro area. it has a cost as a percent of household income of 15% which is less than most other counties in the metropolitan 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. Unicoi County shows it has a median home value as a percent of median worker earnings of 380% which is in the mid point range of other counties in the metropolitan 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.) Unicoi County depicts it has a median housing cost of $926 which is the second smallest when sorted by median housing cost of all the 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 $344 which is the second most median housing cost of all the counties in the greater Unicoi 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. Unicoi County has one of the largest proportions of owner cost between $300 and $500 at 36% of the total and is ranked #2. The only larger county being Yancey County with 39%. Second, it has the smallest proportion of owner cost between $1,000 and $1,500 at 10% of the total. Third, it has the smallest proportion of owner cost between $2,000 and $2,500 at 0% of the total. Also, 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.) Unicoi County depicts it has a cost as a percent of household income of 22% which is the third most cost as a percent of household income of all other counties in the greater Unicoi County region. The county with the highest cost as a percent of household income in the area is Madison County which indicates a cost as a percent of household income of 24% (9.2% 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. Unicoi County depicts it has a cost as a percent of household income of 11% which is the third most cost as a percent of household income of all other counties in the greater Unicoi County region. The county with the highest cost as a percent of household income in the area is Carter County which shows a cost as a percent of household income of 11% (only about 3.7% 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.) Unicoi County has one of the largest proportions of rent as a percent of income is less than 10 pct at 5% of the total and is ranked #2. The only larger county being Carter County with 6%. Second, it has the smallest proportion of rent as a percent of income is between 10pct to 20pct at 17% of the total. Third, it has less than most other counties in the greater region as measured by rent as a percent of income is between 40pct to 50pct at 6% of the total. Also, it has the largest proportion of rent as a percent of income is over 50pct at 25% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Unicoi County has the largest proportion of housing cost between $300 and $500 at 27% of the total and is ranked #1. 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 smallest proportion of housing cost between $1,000 and $1,500 at 9% of the total. Also, 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 $778 which is less than most other counties in the greater region. The county with the highest median real estate taxes paid in the area is Madison County which shows a taxes paid of $1,191 (53.1% larger). Comparing median real estate taxes paid to the United States average of $2,375, Unicoi County is approximately a third the size. Also, compared with the state of Tennessee, median real estate taxes paid of $1,153, Unicoi County is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Unicoi County Tennessee. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Unicoi County has the largest proportion of pay extra for utilities at 98% of the total and is ranked #1. Second, it has the smallest proportion of utilities included in rent at 2% of the total.

Figure 23 shows the rental rate distribution for this area. Unicoi County Tennessee has the smallest proportion of rent less than 300 dollars at 1% of the total. Second, it has the largest proportion of rent between 500 and 750 dollars at 46% of the total and is ranked #1. Third, it has the smallest proportion of rent between 1000 and 1500 dollars at 4% of the total.

Unicoi County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Unicoi County has the smallest proportion of with mortgage at 39% of the total. Second, it has the smallest proportion of 2nd mortgage or heloc-not both at 2% of the total. Third, it has the smallest proportion of 2nd mortgage at 0% of the total. Also, it has the smallest proportion of with heloc at 1% of the total. In addition, it has the largest proportion of no mortgage at 61% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Unicoi County has the smallest proportion of houses with mortgages at 39% of the total. Second, it has the largest proportion of houses without mortgages at 61% of the total and is ranked #1.

Unicoi 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). Unicoi 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 2.8 which is the smallest in terms of family members per housing unit of all the other counties in the metropolitan area. The county with the highest family members per housing unit in the area is Greene County which shows a family members per housing unit of 3.1 (8.5% larger). Comparing family members per housing unit to the United States average of 3.3, Unicoi County is about 16.9% smaller. Also, in comparison with the state of Tennessee, family members per housing unit of 3.2, Unicoi County is about 12.0% 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 5.5 which is at the top of all other counties in the greater Unicoi County region. 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 1976 which is the smallest in terms of year built of all the other counties in the greater region. The county with the highest year built in the area is Washington County which depicts a year built of 1984 ( 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 in 2014 or later at 1% of the total. Second, it has the smallest proportion of homes built between 2000 to 2009 at 8% of the total. Third, it has the largest proportion of homes built between 1950 to 1959 at 12% 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 Carter County with 8%. In addition, it has the largest proportion of homes built between 1939 or earlier at 14% of the total and is ranked #1.

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 in terms of owner-occupied housing units of all the other counties in the local area at 5,354 of the total. Second, it has less than most other counties in the metro area in order of renter housing units at 2,167 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 attached at 0% of the total. Second, it has the smallest proportion of 2 units at 0% of the total.

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 the second smallest as measured by value of homes built 2014 or later of all the other counties in the local area at $97,200 of the total. Second, it has less than most other counties in the area when ranked by value of homes built 2000 to 2009 at $163,700 of the total. Third, it has one of the largest proportions of value of homes built 1990 to 1999 at $160,300 of the total and is ranked #2. The only larger county being Washington County with $161,300. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $143,600 of the total and is ranked #3. Only #2 Yancey County ($150,300), and #1 Madison County ($154,000) are larger. In addition, it has less than most other counties in the local area in order of value of homes built 1970 to 1979 at $149,500 of the total. Furthermore, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the metropolitan area in terms of value of homes built 1960 to 1969 at $128,200 of the total. Next it has the smallest proportion of value of homes built 1950 to 1959 at $96,900 of the total. Additionally, it has less than most other counties in the local area when sorted by value of homes built 1940 to 1949 at $94,200 of the total. And then, it has the second smallest in order of value of homes built 2014 or later of all the other counties in the metro area when sorted by value of homes built 1939 or earlier at $108,900 of the total.

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. it has one of the largest proportions of occupied housing units at 85% of the total and is ranked #2. The only larger county being Washington County with 89%. Second, it has the second smallest when ranked by occupied housing units of all the other counties in the metro area in terms of vacant housing units at 15% of the total.

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 Unicoi County residents. it has a homeowner household size of 2.3 which is the second smallest when sorted by homeowner household size of all the other counties in the local area. The county with the highest homeowner household size in the area is Greene County which shows a homeowner household size of 2.5 (7.9% larger).

Figure 37 shows the household size for renters. Unicoi County shows it has a renter household size of 2.3 which is less than most other counties in the metro area. The county with the highest renter household size in the area is Yancey County which shows a renter household sizes of 2.4 (only about 4.3% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2017 or later at 4% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 12% of the total. Third, it has the smallest proportion of owners moved in 2000 to 2009 at 29% of the total. Also, it has the largest proportion of owners moved in 1990 to 1999 at 22% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Unicoi County has the smallest proportion of renters moved in 2017 or later at 4% of the total. Second, it has the largest proportion of renters moved in 1990 to 1999 at 6% of the total and is ranked #1. Third, it has the second smallest when sorted by renters moved in 2017 or later of all the other counties in the greater region in terms of renters moved in 1989 or earlier at 3% 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 1999 which is the smallest when sorted by median year that a home owner moved in of all the other counties in the local area. Figure 41 compares the median year that renters moved into their home. Unicoi County depicts it has a median year that a renter moved in of 2012 which is in the mid 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 homes using natural gas at 32% of the total and is ranked #1. Second, it has the second smallest when sorted by homes using natural gas of all the other counties in the metropolitan area as measured by home using bottled, tank, or lp gas at 5% of the total. Third, it has less than most other counties in the metro area when sorted by homes using kerosene or other fuel oils at 3% of the total. Also, it has the second smallest in order of homes using natural gas of all the other counties in the local area when sorted by homes using wood at 4% of the total.

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 Unicoi County housing department, Tennessee department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Unicoi County depicts it has a total people living in group quarters of 538 which is less than most other counties in the surrounding region.