Department of Numbers

Housing Units, Population and Cost Rank Measures for Tennessee

Here we explore the evolution and dynamics of the housing supply in Tennessee, the relative cost of Tennessee housing, the housing mix and the change in Tennessee population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Tennessee population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Tennessee sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for Tennessee

The data below track the total number of housing units in Tennessee, the total 18 and over population in Tennessee and the ratio of the 18 and over Tennessee population to the number of housing units. Over the past 5 years, the number of Tennessee housing units increased by 5.54% while the 18 and over population increased by 5.17%. As a result, the ratio of the 18 and over population to housing units decreased from 1.762 to 1.756. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
Tennessee Housing Units 3,028,437 +1.20% +5.54%
Tennessee 18+ Population 5,318,422 +1.10% +5.17%
Tennessee 18+ Pop. / Units 1.756 -0.002 -0.006

Tennessee 18+ Population to Units Ratio Trends: Tennessee, US

Tennessee Housing Units and 18+ Population History

Date Tennessee Housing Units Tennessee 18+ Population Tennessee 18+ Pop. / Units
2019 3,028,437 5,318,422 1.756
2018 2,992,412 5,260,635 1.758
2017 2,958,799 5,207,732 1.760
2016 2,919,698 5,147,942 1.763
2015 2,892,407 5,106,499 1.766
2014 2,869,419 5,057,015 1.762
2013 2,840,998 5,003,897 1.761
2012 2,834,808 4,962,026 1.750
2011 2,829,125 4,912,899 1.736
2010 2,815,087 4,859,663 1.726
2009 2,780,788 4,805,406 1.728
2008 2,758,261 4,735,987 1.717

more history ...

Tennessee Relative Housing Cost Percentile by Price and Rent

This data shows where Tennessee falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Tennessee was at the 35.29% percentile for home prices and the 45.10% percentile for the cost of rent. Over the past 5 years, Tennessee home prices have become more expensive compared to the rest of the country and rent in Tennessee has become more expensive over the past 5 years relative to the rest of the country.

Tennessee Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
Tennessee Home Price Percentile 35.29% 0.00% +1.96%
Tennessee Rent Percentile 45.10% +1.96% +13.73%

Tennessee Trends in Home Price and Rent Percentile: Tennessee, US

Tennessee Home Price and Rent Percentile History

Date Tennessee Home Price Percentile Tennessee Rent Percentile
2019 35.29% 45.10%
2018 35.29% 43.14%
2017 31.37% 41.18%
2016 29.41% 39.22%
2015 29.41% 35.29%
2014 33.33% 31.37%
2013 33.33% 33.33%
2012 33.33% 33.33%
2011 35.29% 33.33%
2010 37.25% 35.29%
2009 33.33% 31.37%
2008 29.41% 29.41%

more history ...

Tennessee Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in Tennessee by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 6.38% while the total number of rented units in Tennessee increased by 4.61%. Units that were vacant1 increased by 3.88% over the last 5 years.

Tennessee Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
Tennessee Owner Occ. Units 1,765,720 +2.42% +6.38%
Tennessee Renter Occ. Units 889,017 +1.12% +4.61%
Tennessee Vacant Units 373,700 -4.00% +3.88%

Tennessee Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in Tennessee as a fraction of total housing units.

Tennessee Owned, Rented and Vacant Units History

Date Tennessee Owner Occ. Units Tennessee Renter Occ. Units Tennessee Vacant Units
2019 1,765,720 889,017 373,700
2018 1,723,984 879,156 389,272
2017 1,693,790 894,865 370,144
2016 1,664,018 892,314 363,366
2015 1,665,498 864,762 362,147
2014 1,659,797 849,868 359,754
2013 1,652,976 837,273 350,749
2012 1,654,001 826,089 354,718
2011 1,660,076 807,352 361,697
2010 1,662,768 777,895 374,424
2009 1,692,157 754,909 333,722
2008 1,700,137 734,546 323,578

more history ...

Tennessee Population

This data shows the population of Tennessee for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has increased by 1.23% while the 18 and over population has increased by 5.17%.The total population of Tennessee has increased by 4.27% in the last 5 years.

Changes in Tennessee Population

2019 1 Year Change 5 Year Change
Tennessee Population Under 18 1,510,752 +0.09% +1.23%
Tennessee Population 18+ 5,318,422 +1.10% +5.17%
Tennessee Total Population 6,829,174 +0.87% +4.27%

Tennessee Population Age Share: Under 18, 18 and Over: 18+, Under 18

Tennessee Population History

Date Tennessee Population Under 18 Tennessee Population 18+ Tennessee Total Population
2019 1,510,752 5,318,422 6,829,174
2018 1,509,375 5,260,635 6,770,010
2017 1,508,252 5,207,732 6,715,984
2016 1,503,252 5,147,942 6,651,194
2015 1,493,800 5,106,499 6,600,299
2014 1,492,337 5,057,015 6,549,352
2013 1,492,081 5,003,897 6,495,978
2012 1,494,217 4,962,026 6,456,243
2011 1,490,454 4,912,899 6,403,353
2010 1,497,234 4,859,663 6,356,897
2009 1,490,848 4,805,406 6,296,254
2008 1,478,901 4,735,987 6,214,888

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

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