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Florence Kentucky Real Estate By Jennifer Hershey

Florence Kentucky Real Estate

Florence, Kentucky, is located in Boone County, 14 miles SW of Cincinnati, Ohio and 98 miles SE of Indianapolis, Indiana. Florence has a population of 23,551.

Florence Homes

Florence properties pool is 9,612 residential properties including Florence new homes. Median age of real estate in Florence is 1978. Average Household size is 3.03 people. 1% are one bedroom homes, 20% are 2 bedroom homes, 50% are 3 bedroom homes, 26% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Florence Mortgage Statistics

Florence mortgages vs. USA median statistics

Homes Florence USA
Homes With No Mortgage 21%
30%
Homes With Mortgage 79%
70%
First Mortgage Only 49%
54%
First & Second Mortgage or HELOC 29%
16%

Florence Area Real Estate Tax

Florence Real estate Tax: Median Real Estate Taxes (2000) were $833 comparing to 1999 Median Family income $ 52,160. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Florence School District: Children make up 24.9% of Florence population. Florence has 5,865 under 18 years old residents, or 0.48 kids per one worker, or 0.61 kids per one household.

Florence Real Estate & Florence Homeownership

There are 2883.6 or 30% one person households, 2979.72 or 31% two person households, and 1730.16 or 18% three person households in Florence, Kentucky. Median residents age is 32.9, Senior citizens (65+) make up 2,778 or 11.8%% of Florence population.

There are 12,205 workers (over 16 years of age) in Florence. Of these, 93.67% drive to work. Approximately 1.88% of workers in Florence take public transportation. An estimated 1.77% walk to work.

Median Florence homeowner's housing expences are 18.3%

Crime in Florence (2003), crimes per 10,000 residents per year

Type of Crime Florence USA, 2003
Violent Crimes
38.64
47.5
Robberies
13.59
14.2
Aggravated Assaults
21.66
29.5
Property Crimes
649.23
358.8
Burglaries
71.76
74.0
Larceny-Thefts
543.08
241.5
Motor Vehicle Thefts
34.39
43.3

Invest in Florence Properties

When making a decision about buying real estate in Florence Kentucky area, you should consider following statistical data:

Category Florence USA
Near Medium City
Cincinnati, Ohio
-
Near Large City
Indianapolis, Indiana
-
Florence Zip Codes
41042
-
Florence Area Codes
859
-
White population
92.44%
75.1%
African-American population
2.67%
12.3%
Asian
1.5%
3.6%
American Indian & Alaskan
0.26%
0.9%
Hispanic (of any race)
3.8%
12.5%
Median Family Income (1999)
$ 52,160%
$42,000
Population Below Poverty Level
9.32%
12.4%

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