Florence, KY Real Estate
According to census data in the year 2000 there were 10,252 housing units in Florence.
This represents a 39.7% growth from 7,336 in 1990.
Of those housing units, 10,240 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Florence is about 51.6%.
Florence's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Florence were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 15.90% |
| Two Bedrooms | 34.80% |
| Three Bedrooms | 33.40% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $102,000 |
| Median Price asked for vacant units | $112,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $654 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 12.90% |
| Home Equity Loan | 16.30% |
| Simple Mortgage | 49.10% |
| Debt Free | 21.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
