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Florence, Muscle Shoals Metro Area Housing

 

As of 2010-2014, median price of a house in Florence, Muscle Shoals Area is $110,400, which is lower than the state average of $123,800 and is lower than the national average of $175,700. The median year that a house in Florence, Muscle Shoals Area was built is 1975, which is older than the median year for a house built in the state which is 1981 and is about the same as 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 42,962 Owner Occupied Houses in Florence, Muscle Shoals Area, #536
Florence, Muscle Shoals Area
110,400 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Florence, Muscle Shoals Area
13.23%
Alabama
45.48%
U.S.
46.91%

*The Florence, Muscle Shoals Area median house price growth rate is since 2005-2009. The Alabama 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, Muscle Shoals AreaAlabamaU.S.
Total Housing Units70,017, see rank, 100%2,190,638132,741,033
Occupied Housing Units61,133, 87.31%, see rank84.09%87.55%
Owner Occupied42,962, 61.36%, see rank58.17%56.34%
Renter Occupied18,171, 25.95%, see rank25.93%31.21%
Vacant Housing Units8,884, 12.69%, see rank15.91%12.45%
For Rent1,517, 2.17%, see rank2.61%2.34%
For Sale Only935, 1.34%, see rank1.54%1.20%
Rented or Sold, Not Occupied1,687, 2.41%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use1,375, 1.96%, see rank3.76%3.97%
For Migrant Workers26, 0.04%, see rank0.03%0.03%
Other Vacant3,344, 4.78%, see rank6.71%4.00%

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

Year Structure Built

Median Built Year, #445
Florence, Muscle Shoals AreaAlabamaU.S.
197519811976

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, Muscle Shoals Area%AlabamaU.S.
Owner-Occupied Units42,962100%1,274,19674,787,460
With a Mortgage23,60854.95%, see rank58.96%65.58%
Without a Mortgage19,35445.05%, see rank41.04%34.42%

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

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Florence, Muscle Shoals Area
1,032 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFlorence, Muscle Shoals Area%AlabamaU.S.
$299 or Less100.04%, see rank0.23%0.20%
$300 to $4991,0294.36%, see rank2.96%1.59%
$500 to $6992,98112.63%, see rank9.57%5.01%
$700 to $9997,22730.61%, see rank24.89%14.32%
$1,000 to $1,4997,39431.32%, see rank34.17%27.90%
$1,500 to $1,9993,00112.71%, see rank16.11%20.35%
$2,000 to $2,9991,5586.60%, see rank9.13%19.52%
$3,000 or More4081.73%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Florence, Muscle Shoals Area
21.00% of the Total Income
Alabama
21.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Florence, Muscle Shoals Area%AlabamaU.S.
10% or Less1,5876.72%, see rank7.30%5.86%
10% to 20%9,37339.70%, see rank37.14%31.95%
20% to 30%6,14826.04%, see rank25.71%27.64%
30% to 40%2,45810.41%, see rank11.45%13.74%
40% or More3,87016.39%, see rank17.78%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


Median Owner Costs, see rank
Florence, Muscle Shoals Area
344 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFlorence, Muscle Shoals Area%AlabamaU.S.
$199 or Less2,29211.84%, see rank11.83%7.76%
$200 to $2994,92625.45%, see rank24.55%14.70%
$300 to $4998,44743.64%, see rank42.72%34.63%
$500 to $6992,56513.25%, see rank14.46%21.16%
$700 or More1,1245.81%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Florence, Muscle Shoals Area
11.00% of the Total Income
Alabama
11.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Florence, Muscle Shoals Area%AlabamaU.S.
10% or Less8,86345.79%, see rank43.66%40.19%
10% to 20%5,83230.13%, see rank30.25%31.47%
20% to 30%2,16411.18%, see rank11.03%12.24%
30% to 40%9594.96%, see rank5.23%5.64%
40% or More1,2926.68%, see rank8.16%9.16%

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

Units in Structure

 Florence, Muscle Shoals AreaAlabamaU.S.
Total Housing Units70,017, 100%2,190,638132,741,033
1-unit, Detached52,890, 75.54%, see rank68.53%61.65%
1-unit, Attached512, 0.73%, see rank1.66%5.82%
2 Units2,095, 2.99%, see rank2.09%3.75%
3 or 4 Units2,574, 3.68%, see rank2.93%4.43%
5 to 9 Units2,639, 3.77%, see rank4.20%4.78%
10 or More Units2,778, 3.97%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.6,529, 9.32%, see rank13.74%6.49%

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

Rooms

 Florence, Muscle Shoals AreaAlabamaU.S.
Total Housing Units70,017, 100%2,190,638132,741,033
1 Room975, 1.39%, see rank1.12%1.95%
2 Rooms747, 1.07%, see rank1.17%2.48%
3 Rooms3,052, 4.36%, see rank5.77%9.13%
4 Rooms10,063, 14.37%, see rank15.10%16.60%
5 Rooms16,033, 22.90%, see rank23.28%20.41%
6 Rooms14,984, 21.40%, see rank20.97%18.06%
7 Rooms9,383, 13.40%, see rank13.59%12.27%
8 Rooms6,420, 9.17%, see rank8.86%8.48%
9 Rooms or More8,360, 11.94%, see rank10.13%10.60%
Median Rooms5.80, see rank5.705.50

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

Bedrooms

 Florence, Muscle Shoals AreaAlabamaU.S.
Total Housing Units70,017, 100%2,190,638132,741,033
No Bedroom1,035, 1.48%, see rank1.21%2.17%
1 Bedroom4,650, 6.64%, see rank6.20%11.16%
2 Bedrooms16,744, 23.91%, see rank23.92%26.69%
3 Bedrooms34,684, 49.54%, see rank49.95%39.70%
4 Bedrooms10,133, 14.47%, see rank15.40%16.05%
5 or More Bedrooms2,771, 3.96%, see rank3.33%4.22%

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

House Heating Fuel

 Florence, Muscle Shoals AreaAlabamaU.S.
Total Housing Units61,133, 100%1,842,174116,211,092
Utility Gas17,896, 29.27%, see rank29.16%48.85%
Bottled, Tank, or LP Gas4,485, 7.34%, see rank7.18%4.86%
Electricity37,659, 61.60%, see rank61.92%36.68%
Fuel Oil, Kerosene, etc.144, 0.24%, see rank0.21%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood749, 1.23%, see rank1.11%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel48, 0.08%, see rank0.09%0.47%
No Fuel Used152, 0.25%, see rank0.31%1.00%

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

Gross Rent

Monthly RentalFlorence, Muscle Shoals AreaAlabamaU.S.
Occupied Units Paying Rent16,236, 100%505,13639,201,928
$199 or Less647, 3.98%, see rank2.18%1.50%
$200 to $299813, 5.01%, see rank5.01%3.18%
$300 to $4993,376, 20.79%, see rank14.15%7.37%
$500 to $6995,529, 34.05%, see rank26.64%16.01%
$700 to $9994,520, 27.84%, see rank32.35%29.17%
$1,000 to $1,4991,212, 7.46%, see rank15.87%26.88%
$1,500 to $1,99992, 0.57%, see rank2.54%9.79%
$2,000 or More47, 0.29%, see rank1.26%6.10%
Median$601, see rank$715$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Florence, Muscle Shoals AreaAlabamaU.S.
Occupied Housing Units61,133, 100%1,842,174116,211,092
No Vehicles Available4,124, 6.75%, see rank6.48%9.12%
1 Vehicles Available19,538, 31.96%, see rank32.94%33.80%
2 Vehicles Available21,450, 35.09%, see rank37.28%37.48%
3 or More Vehicles Available16,021, 26.21%, see rank23.30%19.61%

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


 
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