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Parsons, TN Housing

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As of 2010-2014, median price of a house in Parsons is $85,700, which is much lower than the state average of $139,900 and is much lower than the national average of $175,700. The Parsons median house value has grown by 45.75% since 2000. The growth rate for the price of a house in Parsons is lower than the state average rate of 50.43% and is about the same as the national average rate of 46.91%. The median year that a house in Parsons was built is 1977, which is older than the median year for a house built in the state which is 1981 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 654 Owner Occupied Houses in Parsons, TN, #299

Parsons, TN	85,700 USD
Tennessee	139,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #137

Parsons, TN	45.75%
Tennessee	50.43%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Parsons, TN	Tennessee	U.S.
Total Housing Units	1,206, see rank, 100%	2,839,142	132,741,033
Occupied Housing Units	1,005, 83.33%, see rank	87.61%	87.55%
Owner Occupied	654, 54.23%, see rank	58.82%	56.34%
Renter Occupied	351, 29.10%, see rank	28.79%	31.21%
Vacant Housing Units	201, 16.67%, see rank	12.39%	12.45%
For Rent	28, 2.32%, see rank	2.61%	2.34%
For Sale Only	0, 0.00%, see rank	1.32%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	1.07%	0.92%
For Seasonal, Recreational, or Occasional Use	13, 1.08%, see rank	2.44%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	160, 13.27%, see rank	4.93%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #191

Parsons, TN	Tennessee	U.S.
1977	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Parsons, TN	%	Tennessee	U.S.
Owner-Occupied Units	654	100%	1,669,953	74,787,460
With a Mortgage	317	48.47%, see rank	61.60%	65.58%
Without a Mortgage	337	51.53%, see rank	38.40%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Parsons, TN	868 USD
Tennessee	1,197 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Parsons, TN	%	Tennessee	U.S.
$299 or Less	0	0.00%, see rank	0.28%	0.20%
$300 to $499	28	8.83%, see rank	2.56%	1.59%
$500 to $699	62	19.56%, see rank	8.39%	5.01%
$700 to $999	134	42.27%, see rank	23.06%	14.32%
$1,000 to $1,499	59	18.61%, see rank	34.56%	27.90%
$1,500 to $1,999	29	9.15%, see rank	16.87%	20.35%
$2,000 to $2,999	5	1.58%, see rank	10.45%	19.52%
$3,000 or More	0	0.00%, see rank	3.83%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Parsons, TN	23.10% of the Total Income
Tennessee	22.70% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Parsons, TN	%	Tennessee	U.S.
10% or Less	42	13.25%, see rank	6.05%	5.86%
10% to 20%	86	27.13%, see rank	34.78%	31.95%
20% to 30%	82	25.87%, see rank	28.01%	27.64%
30% to 40%	38	11.99%, see rank	12.76%	13.74%
40% or More	69	21.77%, see rank	17.77%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Parsons, TN	314 USD
Tennessee	359 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Parsons, TN	%	Tennessee	U.S.
$199 or Less	17	5.04%, see rank	10.63%	7.76%
$200 to $299	138	40.95%, see rank	23.38%	14.70%
$300 to $499	148	43.92%, see rank	42.62%	34.63%
$500 to $699	30	8.90%, see rank	15.15%	21.16%
$700 or More	4	1.19%, see rank	8.22%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Parsons, TN	12.40% of the Total Income
Tennessee	11.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Parsons, TN	%	Tennessee	U.S.
10% or Less	115	34.12%, see rank	45.34%	40.19%
10% to 20%	133	39.47%, see rank	31.24%	31.47%
20% to 30%	34	10.09%, see rank	10.84%	12.24%
30% to 40%	32	9.50%, see rank	4.71%	5.64%
40% or More	23	6.82%, see rank	6.65%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Parsons, TN	Tennessee	U.S.
Total Housing Units	1,206, 100%	2,839,142	132,741,033
1-unit, Detached	900, 74.63%, see rank	68.74%	61.65%
1-unit, Attached	4, 0.33%, see rank	3.11%	5.82%
2 Units	13, 1.08%, see rank	3.00%	3.75%
3 or 4 Units	31, 2.57%, see rank	3.14%	4.43%
5 to 9 Units	41, 3.40%, see rank	4.62%	4.78%
10 or More Units	64, 5.31%, see rank	7.73%	13.08%
Mobile Home, Boat, RV, Van, etc.	153, 12.69%, see rank	9.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Parsons, TN	Tennessee	U.S.
Total Housing Units	1,206, 100%	2,839,142	132,741,033
1 Room	19, 1.58%, see rank	1.08%	1.95%
2 Rooms	3, 0.25%, see rank	1.43%	2.48%
3 Rooms	50, 4.15%, see rank	6.75%	9.13%
4 Rooms	278, 23.05%, see rank	16.35%	16.60%
5 Rooms	266, 22.06%, see rank	22.36%	20.41%
6 Rooms	248, 20.56%, see rank	19.26%	18.06%
7 Rooms	129, 10.70%, see rank	13.02%	12.27%
8 Rooms	116, 9.62%, see rank	8.63%	8.48%
9 Rooms or More	97, 8.04%, see rank	11.12%	10.60%
Median Rooms	5.50, see rank	5.60	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Parsons, TN	Tennessee	U.S.
Total Housing Units	1,206, 100%	2,839,142	132,741,033
No Bedroom	19, 1.58%, see rank	1.18%	2.17%
1 Bedroom	90, 7.46%, see rank	7.78%	11.16%
2 Bedrooms	366, 30.35%, see rank	26.67%	26.69%
3 Bedrooms	639, 52.99%, see rank	46.66%	39.70%
4 Bedrooms	68, 5.64%, see rank	14.27%	16.05%
5 or More Bedrooms	24, 1.99%, see rank	3.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Parsons, TN	Tennessee	U.S.
Total Housing Units	1,005, 100%	2,487,349	116,211,092
Utility Gas	594, 59.10%, see rank	33.15%	48.85%
Bottled, Tank, or LP Gas	7, 0.70%, see rank	4.33%	4.86%
Electricity	404, 40.20%, see rank	59.47%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.47%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	0, 0.00%, see rank	2.14%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.11%	0.47%
No Fuel Used	0, 0.00%, see rank	0.27%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Parsons, TN	Tennessee	U.S.
Occupied Units Paying Rent	328, 100%	747,962	39,201,928
$199 or Less	34, 10.37%, see rank	2.40%	1.50%
$200 to $299	24, 7.32%, see rank	4.03%	3.18%
$300 to $499	114, 34.76%, see rank	10.84%	7.37%
$500 to $699	88, 26.83%, see rank	24.36%	16.01%
$700 to $999	53, 16.16%, see rank	35.12%	29.17%
$1,000 to $1,499	15, 4.57%, see rank	18.39%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	3.36%	9.79%
$2,000 or More	0, 0.00%, see rank	1.49%	6.10%
Median	$490, see rank	$757	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Parsons, TN	Tennessee	U.S.
Occupied Housing Units	1,005, 100%	2,487,349	116,211,092
No Vehicles Available	64, 6.37%, see rank	6.39%	9.12%
1 Vehicles Available	435, 43.28%, see rank	32.88%	33.80%
2 Vehicles Available	325, 32.34%, see rank	38.26%	37.48%
3 or More Vehicles Available	181, 18.01%, see rank	22.47%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.