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Lakewood, TN Housing

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As of 2006-2010, median price of a house in Lakewood is $133,700, which is about the same as the state average of $139,900 and is lower than the national average of $175,700. The Lakewood median house value has grown by 33.57% since 2000. The growth rate for the price of a house in Lakewood is lower than the state average rate of 50.43% and is lower than the national average rate of 46.91%. The median year that a house in Lakewood was built is 1965, which is older than the median year for a house built in the state which is 1980 and is older than the median year for a house built in the USA which is 1975.

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 627 Owner Occupied Houses in Lakewood, TN, see rank

Lakewood, TN	133,700 USD
Tennessee	134,100 USD
U.S.	188,400 USD

Median House Price Growth Since 2000, see rank

Lakewood, TN	33.57%
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 2006-2010 data. View historical house value data.

Housing Occupancy

	Lakewood, TN	Tennessee	U.S.
Total Housing Units	1,041, see rank, 100%	2,812,133	131,704,730
Occupied Housing Units	939, 90.20%, see rank	88.67%	88.62%
Owner Occupied	655, 62.92%, see rank	60.47%	57.69%
Renter Occupied	284, 27.28%, see rank	28.20%	30.93%
Vacant Housing Units	102, 9.80%, see rank	11.33%	11.38%
For Rent	47, 4.51%, see rank	3.50%	3.14%
For Sale Only	15, 1.44%, see rank	1.68%	1.44%
Rented or Sold, Not Occupied	9, 0.86%, see rank	0.52%	0.48%
For Seasonal, Recreational, or Occasional Use	1, 0.10%, see rank	2.16%	3.53%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.02%
Other Vacant	30, 2.88%, see rank	3.46%	2.77%

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

Year Structure Built

Median Built Year, see rank

Lakewood, TN	Tennessee	U.S.
1965	1980	1975

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

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

	Lakewood, TN	%	Tennessee	U.S.
Owner-Occupied Units	627	100%	1,699,986	76,089,650
With a Mortgage	450	71.77%, see rank	63.48%	67.94%
Without a Mortgage	177	28.23%, see rank	36.52%	32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lakewood, TN	1,145 USD
Tennessee	1,163 USD
U.S.	1,524 USD

Owner Costs Distribution

Monthly Owner Costs	Lakewood, TN	%	Tennessee	U.S.
$299 or Less	0	0.00%, see rank	0.32%	0.22%
$300 to $499	8	1.78%, see rank	3.20%	1.85%
$500 to $699	13	2.89%, see rank	9.68%	5.39%
$700 to $999	111	24.67%, see rank	24.13%	14.41%
$1,000 to $1,499	226	50.22%, see rank	33.49%	27.08%
$1,500 to $1,999	56	12.44%, see rank	15.79%	19.94%
$2,000 to $2,999	8	1.78%, see rank	9.66%	19.39%
$3,000 or More	28	6.22%, see rank	3.74%	11.73%

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

Lakewood, TN	28.10% of the Total Income
Tennessee	23.30% of the Total Income
U.S.	25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lakewood, TN	%	Tennessee	U.S.
10% or Less	0	0.00%, see rank	5.29%	4.85%
10% to 20%	77	17.11%, see rank	33.25%	28.90%
20% to 30%	181	40.22%, see rank	29.02%	28.42%
30% to 40%	86	19.11%, see rank	13.55%	15.27%
40% or More	102	22.67%, see rank	18.39%	22.15%

*Based on 2006-2010 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

Lakewood, TN	389 USD
Tennessee	328 USD
U.S.	431 USD

Owner Costs Distribution

Monthly Owner Costs	Lakewood, TN	%	Tennessee	U.S.
$199 or Less	0	0.00%, see rank	14.26%	8.92%
$200 to $299	15	8.47%, see rank	28.26%	16.68%
$300 to $499	130	73.45%, see rank	38.93%	35.65%
$500 to $699	26	14.69%, see rank	12.24%	20.07%
$700 or More	6	3.39%, see rank	6.31%	18.68%

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

Lakewood, TN	13.10% of the Total Income
Tennessee	10.90% of the Total Income
U.S.	12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lakewood, TN	%	Tennessee	U.S.
10% or Less	49	27.68%, see rank	45.71%	38.92%
10% to 20%	82	46.33%, see rank	30.68%	31.98%
20% to 30%	5	2.82%, see rank	10.92%	12.67%
30% to 40%	15	8.47%, see rank	4.58%	5.90%
40% or More	26	14.69%, see rank	6.94%	9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lakewood, TN	Tennessee	U.S.
Total Housing Units	1,031, 100%	2,769,457	130,038,080
1-unit, Detached	832, 80.70%, see rank	68.55%	61.62%
1-unit, Attached	34, 3.30%, see rank	3.10%	5.74%
2 Units	72, 6.98%, see rank	2.98%	3.88%
3 or 4 Units	20, 1.94%, see rank	3.08%	4.47%
5 to 9 Units	5, 0.48%, see rank	4.43%	4.84%
10 or More Units	47, 4.56%, see rank	7.59%	12.68%
Mobile Home, Boat, RV, Van, etc.	21, 2.04%, see rank	10.26%	6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

	Lakewood, TN	Tennessee	U.S.
Total Housing Units	1,031, 100%	2,769,457	130,038,080
1 Room	0, 0.00%, see rank	0.77%	1.59%
2 Rooms	46, 4.46%, see rank	1.54%	2.62%
3 Rooms	75, 7.27%, see rank	6.67%	9.02%
4 Rooms	143, 13.87%, see rank	16.90%	16.85%
5 Rooms	309, 29.97%, see rank	23.20%	20.93%
6 Rooms	186, 18.04%, see rank	19.97%	18.56%
7 Rooms	132, 12.80%, see rank	12.95%	12.38%
8 Rooms	65, 6.30%, see rank	8.26%	8.39%
9 Rooms or More	75, 7.27%, see rank	9.74%	9.65%
Median Rooms	5.30, see rank	5.50	5.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

	Lakewood, TN	Tennessee	U.S.
Total Housing Units	1,031, 100%	2,769,457	130,038,080
No Bedroom	0, 0.00%, see rank	0.87%	1.84%
1 Bedroom	128, 12.42%, see rank	7.84%	11.32%
2 Bedrooms	275, 26.67%, see rank	27.46%	27.20%
3 Bedrooms	499, 48.40%, see rank	46.71%	39.80%
4 Bedrooms	84, 8.15%, see rank	13.89%	15.80%
5 or More Bedrooms	45, 4.36%, see rank	3.22%	4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

	Lakewood, TN	Tennessee	U.S.
Total Housing Units	909, 100%	2,443,475	114,235,996
Utility Gas	468, 51.49%, see rank	35.47%	49.91%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	5.25%	5.38%
Electricity	441, 48.51%, see rank	56.12%	34.20%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.79%	7.07%
Coal or Coke	0, 0.00%, see rank	0.06%	0.12%
Wood	0, 0.00%, see rank	2.01%	1.97%
Solar Energy	0, 0.00%, see rank	0.01%	0.03%
Other Fuel	0, 0.00%, see rank	0.10%	0.42%
No Fuel Used	0, 0.00%, see rank	0.20%	0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lakewood, TN	Tennessee	U.S.
Occupied Units Paying Rent	274, 100%	677,520	35,969,315
$199 or Less	0, 0.00%, see rank	4.00%	2.25%
$200 to $299	7, 2.55%, see rank	4.16%	3.41%
$300 to $499	41, 14.96%, see rank	15.36%	9.80%
$500 to $699	37, 13.50%, see rank	29.92%	19.41%
$700 to $999	129, 47.08%, see rank	31.49%	29.88%
$1,000 to $1,499	52, 18.98%, see rank	12.38%	23.51%
$1,500 to $1,999	8, 2.92%, see rank	1.76%	7.56%
$2,000 or More	0, 0.00%, see rank	0.93%	4.16%
Median	$816, see rank	$678	$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

	Lakewood, TN	Tennessee	U.S.
Occupied Housing Units	909, 100%	2,443,475	114,235,996
No Vehicles Available	25, 2.75%, see rank	6.17%	8.85%
1 Vehicles Available	275, 30.25%, see rank	32.31%	33.28%
2 Vehicles Available	442, 48.62%, see rank	38.70%	37.87%
3 or More Vehicles Available	167, 18.37%, see rank	22.82%	20.00%

*Based on 2006-2010 data. View historical vehicle available data.