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Florence, SD Housing

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As of 2010-2014, median price of a house in Florence is $88,800, which is lower than the state average of $135,700 and is much lower than the national average of $175,700. The Florence median house value has grown by 35.78% since 2000. The growth rate for the price of a house in Florence is lower than the state average rate of 70.48% and is lower than the national average rate of 46.91%. The median year that a house in Florence was built is 1981, which is newer than the median year for a house built in the state which is 1974 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 133 Owner Occupied Houses in Florence, SD, #88

Florence, SD	88,800 USD
South Dakota	135,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #263

Florence, SD	35.78%
South Dakota	70.48%
U.S.	46.91%

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, SD	South Dakota	U.S.
Total Housing Units	163, see rank, 100%	369,186	132,741,033
Occupied Housing Units	157, 96.32%, see rank	88.60%	87.55%
Owner Occupied	133, 81.60%, see rank	60.29%	56.34%
Renter Occupied	24, 14.72%, see rank	28.31%	31.21%
Vacant Housing Units	6, 3.68%, see rank	11.40%	12.45%
For Rent	0, 0.00%, see rank	1.80%	2.34%
For Sale Only	0, 0.00%, see rank	1.07%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	2, 1.23%, see rank	4.05%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	4, 2.45%, see rank	3.68%	4.00%

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

Year Structure Built

Median Built Year, #45

Florence, SD	South Dakota	U.S.
1981	1974	1976

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, SD	%	South Dakota	U.S.
Owner-Occupied Units	133	100%	222,589	74,787,460
With a Mortgage	94	70.68%, see rank	57.61%	65.58%
Without a Mortgage	39	29.32%, see rank	42.39%	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, SD	1,018 USD
South Dakota	1,210 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Florence, SD	%	South Dakota	U.S.
$299 or Less	2	2.13%, see rank	0.27%	0.20%
$300 to $499	5	5.32%, see rank	2.43%	1.59%
$500 to $699	9	9.57%, see rank	7.81%	5.01%
$700 to $999	29	30.85%, see rank	21.16%	14.32%
$1,000 to $1,499	40	42.55%, see rank	38.32%	27.90%
$1,500 to $1,999	9	9.57%, see rank	17.68%	20.35%
$2,000 to $2,999	0	0.00%, see rank	9.65%	19.52%
$3,000 or More	0	0.00%, see rank	2.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Florence, SD	21.10% of the Total Income
South Dakota	21.00% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Florence, SD	%	South Dakota	U.S.
10% or Less	10	10.64%, see rank	6.97%	5.86%
10% to 20%	30	31.91%, see rank	38.97%	31.95%
20% to 30%	30	31.91%, see rank	30.25%	27.64%
30% to 40%	10	10.64%, see rank	11.46%	13.74%
40% or More	11	11.70%, see rank	11.99%	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, SD	394 USD
South Dakota	425 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Florence, SD	%	South Dakota	U.S.
$199 or Less	0	0.00%, see rank	7.35%	7.76%
$200 to $299	13	33.33%, see rank	14.74%	14.70%
$300 to $499	12	30.77%, see rank	44.42%	34.63%
$500 to $699	12	30.77%, see rank	22.08%	21.16%
$700 or More	2	5.13%, see rank	11.41%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Florence, SD	13.30% of the Total Income
South Dakota	10.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Florence, SD	%	South Dakota	U.S.
10% or Less	13	33.33%, see rank	45.92%	40.19%
10% to 20%	11	28.21%, see rank	31.03%	31.47%
20% to 30%	2	5.13%, see rank	10.85%	12.24%
30% to 40%	7	17.95%, see rank	4.45%	5.64%
40% or More	6	15.38%, see rank	6.86%	9.16%

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

Units in Structure

	Florence, SD	South Dakota	U.S.
Total Housing Units	163, 100%	369,186	132,741,033
1-unit, Detached	121, 74.23%, see rank	69.03%	61.65%
1-unit, Attached	7, 4.29%, see rank	3.29%	5.82%
2 Units	0, 0.00%, see rank	1.76%	3.75%
3 or 4 Units	0, 0.00%, see rank	3.42%	4.43%
5 to 9 Units	12, 7.36%, see rank	3.76%	4.78%
10 or More Units	4, 2.45%, see rank	9.87%	13.08%
Mobile Home, Boat, RV, Van, etc.	19, 11.66%, see rank	8.86%	6.49%

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

Rooms

	Florence, SD	South Dakota	U.S.
Total Housing Units	163, 100%	369,186	132,741,033
1 Room	6, 3.68%, see rank	1.34%	1.95%
2 Rooms	4, 2.45%, see rank	2.62%	2.48%
3 Rooms	18, 11.04%, see rank	8.18%	9.13%
4 Rooms	2, 1.23%, see rank	16.39%	16.60%
5 Rooms	30, 18.40%, see rank	17.57%	20.41%
6 Rooms	28, 17.18%, see rank	14.84%	18.06%
7 Rooms	21, 12.88%, see rank	12.44%	12.27%
8 Rooms	26, 15.95%, see rank	10.74%	8.48%
9 Rooms or More	28, 17.18%, see rank	15.89%	10.60%
Median Rooms	6.30, see rank	5.80	5.50

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

Bedrooms

	Florence, SD	South Dakota	U.S.
Total Housing Units	163, 100%	369,186	132,741,033
No Bedroom	6, 3.68%, see rank	1.49%	2.17%
1 Bedroom	22, 13.50%, see rank	9.70%	11.16%
2 Bedrooms	6, 3.68%, see rank	28.08%	26.69%
3 Bedrooms	78, 47.85%, see rank	34.09%	39.70%
4 Bedrooms	39, 23.93%, see rank	19.37%	16.05%
5 or More Bedrooms	12, 7.36%, see rank	7.26%	4.22%

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

House Heating Fuel

	Florence, SD	South Dakota	U.S.
Total Housing Units	157, 100%	327,101	116,211,092
Utility Gas	8, 5.10%, see rank	48.20%	48.85%
Bottled, Tank, or LP Gas	97, 61.78%, see rank	16.53%	4.86%
Electricity	48, 30.57%, see rank	28.34%	36.68%
Fuel Oil, Kerosene, etc.	3, 1.91%, see rank	2.70%	5.86%
Coal or Coke	0, 0.00%, see rank	0.08%	0.12%
Wood	0, 0.00%, see rank	1.94%	2.12%
Solar Energy	0, 0.00%, see rank	0.05%	0.05%
Other Fuel	1, 0.64%, see rank	1.52%	0.47%
No Fuel Used	0, 0.00%, see rank	0.63%	1.00%

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

Gross Rent

Monthly Rental	Florence, SD	South Dakota	U.S.
Occupied Units Paying Rent	21, 100%	95,597	39,201,928
$199 or Less	0, 0.00%, see rank	3.76%	1.50%
$200 to $299	2, 9.52%, see rank	5.89%	3.18%
$300 to $499	0, 0.00%, see rank	19.38%	7.37%
$500 to $699	5, 23.81%, see rank	28.86%	16.01%
$700 to $999	0, 0.00%, see rank	27.81%	29.17%
$1,000 to $1,499	6, 28.57%, see rank	11.89%	26.88%
$1,500 to $1,999	2, 9.52%, see rank	1.55%	9.79%
$2,000 or More	6, 28.57%, see rank	0.86%	6.10%
Median	$1,146, see rank	$648	$920

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

Vehicle Available

	Florence, SD	South Dakota	U.S.
Occupied Housing Units	157, 100%	327,101	116,211,092
No Vehicles Available	13, 8.28%, see rank	5.30%	9.12%
1 Vehicles Available	27, 17.20%, see rank	28.60%	33.80%
2 Vehicles Available	56, 35.67%, see rank	37.24%	37.48%
3 or More Vehicles Available	61, 38.85%, see rank	28.87%	19.61%

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