Florence, SC Real Estate
According to census data in the year 2000 there were 13,075 housing units in Florence.
This represents a 10.9% growth from 11,790 in 1990.
Of those housing units, 13,028 were located in either urbanized areas or urban clusters, and 47 were located in what is classified as a rural area.
Homeownership rate in Florence is about 61.7%.
Florence's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Florence were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 10.30% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $91,300 |
| Median Price asked for vacant units | $108,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $384 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 51.50% |
| Debt Free | 33.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
