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Florence, IN Housing

 
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As of 2010-2014, median price of a house in Florence is $64,200, which is much lower than the state average of $122,700 and is much lower than the national average of $175,700. The median year that a house in Florence was built is 1972, which is about the same as the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 49 Owner Occupied Houses in Florence, IN, #572
Florence, IN
64,200 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2006-2010, see rank
Florence, IN
29.96%
Indiana
30.12%
U.S.
46.91%

*The Florence, IN median house price growth rate is since 2006-2010. The Indiana and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Florence, INIndianaU.S.
Total Housing Units87, see rank, 100%2,811,617132,741,033
Occupied Housing Units63, 72.41%, see rank88.64%87.55%
Owner Occupied49, 56.32%, see rank61.56%56.34%
Renter Occupied14, 16.09%, see rank27.07%31.21%
Vacant Housing Units24, 27.59%, see rank11.36%12.45%
For Rent0, 0.00%, see rank2.40%2.34%
For Sale Only24, 27.59%, see rank1.47%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant0, 0.00%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #154
Florence, INIndianaU.S.
197219721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Florence, IN%IndianaU.S.
Owner-Occupied Units49100%1,730,95474,787,460
With a Mortgage1020.41%, see rank68.12%65.58%
Without a Mortgage3979.59%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Owner Costs Distribution
Monthly Owner CostsFlorence, IN%IndianaU.S.
$299 or Less00.00%, see rank0.35%0.20%
$300 to $49900.00%, see rank3.15%1.59%
$500 to $69900.00%, see rank9.90%5.01%
$700 to $99900.00%, see rank26.58%14.32%
$1,000 to $1,49910100.00%, see rank35.46%27.90%
$1,500 to $1,99900.00%, see rank14.79%20.35%
$2,000 to $2,99900.00%, see rank7.60%19.52%
$3,000 or More00.00%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Distribution
 Florence, IN%IndianaU.S.
10% or Less00.00%, see rank7.60%5.86%
10% to 20%00.00%, see rank41.01%31.95%
20% to 30%00.00%, see rank26.38%27.64%
30% to 40%00.00%, see rank10.90%13.74%
40% or More10100.00%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Owner Costs Distribution
Monthly Owner CostsFlorence, IN%IndianaU.S.
$199 or Less00.00%, see rank8.65%7.76%
$200 to $2992564.10%, see rank22.03%14.70%
$300 to $4991435.90%, see rank44.41%34.63%
$500 to $69900.00%, see rank17.12%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Distribution
 Florence, IN%IndianaU.S.
10% or Less00.00%, see rank45.90%40.19%
10% to 20%1435.90%, see rank31.56%31.47%
20% to 30%2564.10%, see rank10.56%12.24%
30% to 40%00.00%, see rank4.39%5.64%
40% or More00.00%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Florence, INIndianaU.S.
Total Housing Units87, 100%2,811,617132,741,033
1-unit, Detached49, 56.32%, see rank72.70%61.65%
1-unit, Attached0, 0.00%, see rank3.65%5.82%
2 Units0, 0.00%, see rank2.59%3.75%
3 or 4 Units0, 0.00%, see rank3.58%4.43%
5 to 9 Units0, 0.00%, see rank4.55%4.78%
10 or More Units0, 0.00%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.38, 43.68%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Florence, INIndianaU.S.
Total Housing Units87, 100%2,811,617132,741,033
1 Room0, 0.00%, see rank1.26%1.95%
2 Rooms0, 0.00%, see rank1.46%2.48%
3 Rooms0, 0.00%, see rank6.64%9.13%
4 Rooms39, 44.83%, see rank14.31%16.60%
5 Rooms48, 55.17%, see rank21.67%20.41%
6 Rooms0, 0.00%, see rank20.12%18.06%
7 Rooms0, 0.00%, see rank13.67%12.27%
8 Rooms0, 0.00%, see rank9.17%8.48%
9 Rooms or More0, 0.00%, see rank11.69%10.60%
Median Rooms4.60, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Florence, INIndianaU.S.
Total Housing Units87, 100%2,811,617132,741,033
No Bedroom0, 0.00%, see rank1.38%2.17%
1 Bedroom0, 0.00%, see rank9.26%11.16%
2 Bedrooms39, 44.83%, see rank26.57%26.69%
3 Bedrooms24, 27.59%, see rank44.05%39.70%
4 Bedrooms24, 27.59%, see rank15.33%16.05%
5 or More Bedrooms0, 0.00%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Florence, INIndianaU.S.
Total Housing Units63, 100%2,492,183116,211,092
Utility Gas0, 0.00%, see rank61.00%48.85%
Bottled, Tank, or LP Gas0, 0.00%, see rank7.17%4.86%
Electricity53, 84.13%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.96%5.86%
Coal or Coke0, 0.00%, see rank0.14%0.12%
Wood10, 15.87%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.46%0.47%
No Fuel Used0, 0.00%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFlorence, INIndianaU.S.
Occupied Units Paying Rent14, 100%716,46139,201,928
$199 or Less0, 0.00%, see rank1.90%1.50%
$200 to $2990, 0.00%, see rank3.46%3.18%
$300 to $4990, 0.00%, see rank10.51%7.37%
$500 to $6990, 0.00%, see rank27.49%16.01%
$700 to $99914, 100.00%, see rank37.65%29.17%
$1,000 to $1,4990, 0.00%, see rank15.48%26.88%
$1,500 to $1,9990, 0.00%, see rank2.39%9.79%
$2,000 or More0, 0.00%, see rank1.13%6.10%
Median$0, see rank$741$920

*Based on 2010-2014 data.

Vehicle Available

 Florence, INIndianaU.S.
Occupied Housing Units63, 100%2,492,183116,211,092
No Vehicles Available0, 0.00%, see rank6.86%9.12%
1 Vehicles Available14, 22.22%, see rank32.87%33.80%
2 Vehicles Available39, 61.90%, see rank38.90%37.48%
3 or More Vehicles Available10, 15.87%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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