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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