Florence, IL Real Estate
According to census data in the year 2000 there were 48 housing units in Florence.
This represents a 71.4% growth from 28 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.
Homeownership rate in Florence is about 65.4%.
Florence's vacancy rate, including seasonal lodging, is about 45.8%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Florence were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 8.30% |
| One Bedroom | 16.70% |
| Two Bedrooms | 41.70% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $19,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1982 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 30.80% |
| Debt Free | 69.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.5% |
