Florence, AL Real Estate

According to census data in the year 2000 there were 17,696 housing units in Florence. This represents a 11.2% growth from 15,913 in 1990.

Of those housing units, 17,550 were located in either urbanized areas or urban clusters, and 146 were located in what is classified as a rural area.

Homeownership rate in Florence is about 58.5%. Florence's vacancy rate, including seasonal lodging, is about 10.9%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Florence were built after 1969.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom13.50%
Two Bedrooms31.10%
Three Bedrooms39.80%
Four Bedrooms12.20%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1964
Median Value of occupied units$83,300
Median Price asked for vacant units$58,900

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1974
Median Monthly Rent asked for vacant units$330

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.60%
Home Equity Loan7.10%
Simple Mortgage45.60%
Debt Free42.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%