Florence, MS Real Estate
According to census data in the year 2000 there were 1,072 housing units in Florence.
This represents a 51.2% growth from 709 in 1990.
Of those housing units, 663 were located in either urbanized areas or urban clusters, and 409 were located in what is classified as a rural area.
Homeownership rate in Florence is about 69.4%.
Florence's vacancy rate, including seasonal lodging, is about 12.3%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Florence were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 8% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 53.40% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $97,600 |
| Median Price asked for vacant units | $96,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $483 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 62.10% |
| Debt Free | 24.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
