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Florence, MN Real Estate


According to census data in the year 2000 there were 24 housing units in Florence. This represents a 17.2% decline from 29 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.

Homeownership rate in Florence is about 100%. Florence's vacancy rate, including seasonal lodging, is about 25%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Florence were built after 1940.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.30%
Two Bedrooms16.70%
Three Bedrooms33.30%
Four Bedrooms25%
Five Bedrooms or more16.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1940
Median Value of occupied units$33,800

Rented Homes, Apartments and Condos

Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage28.60%
Debt Free71.40%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%