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Florence Metro Area Housing

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As of 2010-2014, median price of a house in Florence Area is $106,100, which is lower than the state average of $137,600 and is much lower than the national average of $175,700. The median year that a house in Florence Area was built is 1981, which is older than the median year for a house built in the state which is 1986 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 52,211 Owner Occupied Houses in Florence Area, #590

Florence Area	106,100 USD
South Carolina	137,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Florence Area	13.35%
South Carolina	44.99%
U.S.	46.91%

*The Florence Area median house price growth rate is since 2005-2009. The South Carolina 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 Area	South Carolina	U.S.
Total Housing Units	89,180, see rank, 100%	2,160,383	132,741,033
Occupied Housing Units	78,061, 87.53%, see rank	83.12%	87.55%
Owner Occupied	52,211, 58.55%, see rank	57.03%	56.34%
Renter Occupied	25,850, 28.99%, see rank	26.09%	31.21%
Vacant Housing Units	11,119, 12.47%, see rank	16.88%	12.45%
For Rent	2,413, 2.71%, see rank	3.50%	2.34%
For Sale Only	1,397, 1.57%, see rank	1.45%	1.20%
Rented or Sold, Not Occupied	596, 0.67%, see rank	0.86%	0.92%
For Seasonal, Recreational, or Occasional Use	1,596, 1.79%, see rank	5.85%	3.97%
For Migrant Workers	24, 0.03%, see rank	0.03%	0.03%
Other Vacant	5,093, 5.71%, see rank	5.20%	4.00%

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

Year Structure Built

Median Built Year, #216

Florence Area	South Carolina	U.S.
1981	1986	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 Area	%	South Carolina	U.S.
Owner-Occupied Units	52,211	100%	1,232,154	74,787,460
With a Mortgage	29,511	56.52%, see rank	60.95%	65.58%
Without a Mortgage	22,700	43.48%, see rank	39.05%	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 Area	1,066 USD
South Carolina	1,201 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Florence Area	%	South Carolina	U.S.
$299 or Less	52	0.18%, see rank	0.25%	0.20%
$300 to $499	978	3.31%, see rank	2.58%	1.59%
$500 to $699	3,423	11.60%, see rank	8.65%	5.01%
$700 to $999	8,626	29.23%, see rank	22.78%	14.32%
$1,000 to $1,499	10,119	34.29%, see rank	34.15%	27.90%
$1,500 to $1,999	3,654	12.38%, see rank	16.80%	20.35%
$2,000 to $2,999	1,919	6.50%, see rank	10.61%	19.52%
$3,000 or More	740	2.51%, see rank	4.19%	11.12%

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

Florence Area	20.50% of the Total Income
South Carolina	22.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Florence Area	%	South Carolina	U.S.
10% or Less	2,278	7.72%, see rank	6.71%	5.86%
10% to 20%	11,888	40.28%, see rank	35.25%	31.95%
20% to 30%	7,132	24.17%, see rank	25.95%	27.64%
30% to 40%	2,987	10.12%, see rank	12.25%	13.74%
40% or More	4,904	16.62%, see rank	19.16%	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 Area	315 USD
South Carolina	347 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Florence Area	%	South Carolina	U.S.
$199 or Less	3,660	16.12%, see rank	13.07%	7.76%
$200 to $299	6,678	29.42%, see rank	24.48%	14.70%
$300 to $499	8,760	38.59%, see rank	40.27%	34.63%
$500 to $699	2,642	11.64%, see rank	14.26%	21.16%
$700 or More	960	4.23%, see rank	7.92%	21.75%

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

Florence Area	10.90% of the Total Income
South Carolina	11.30% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Florence Area	%	South Carolina	U.S.
10% or Less	10,433	45.96%, see rank	43.95%	40.19%
10% to 20%	6,555	28.88%, see rank	30.22%	31.47%
20% to 30%	2,409	10.61%, see rank	10.99%	12.24%
30% to 40%	1,189	5.24%, see rank	5.04%	5.64%
40% or More	1,723	7.59%, see rank	7.88%	9.16%

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

Units in Structure

	Florence Area	South Carolina	U.S.
Total Housing Units	89,180, 100%	2,160,383	132,741,033
1-unit, Detached	55,456, 62.18%, see rank	62.20%	61.65%
1-unit, Attached	979, 1.10%, see rank	2.82%	5.82%
2 Units	2,657, 2.98%, see rank	2.24%	3.75%
3 or 4 Units	2,470, 2.77%, see rank	2.88%	4.43%
5 to 9 Units	3,899, 4.37%, see rank	4.71%	4.78%
10 or More Units	2,722, 3.05%, see rank	8.19%	13.08%
Mobile Home, Boat, RV, Van, etc.	20,997, 23.54%, see rank	16.97%	6.49%

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

Rooms

	Florence Area	South Carolina	U.S.
Total Housing Units	89,180, 100%	2,160,383	132,741,033
1 Room	768, 0.86%, see rank	1.39%	1.95%
2 Rooms	470, 0.53%, see rank	1.26%	2.48%
3 Rooms	4,121, 4.62%, see rank	6.09%	9.13%
4 Rooms	16,043, 17.99%, see rank	16.98%	16.60%
5 Rooms	24,599, 27.58%, see rank	23.67%	20.41%
6 Rooms	16,519, 18.52%, see rank	19.72%	18.06%
7 Rooms	12,274, 13.76%, see rank	13.10%	12.27%
8 Rooms	6,416, 7.19%, see rank	8.38%	8.48%
9 Rooms or More	7,970, 8.94%, see rank	9.40%	10.60%
Median Rooms	5.40, see rank	5.50	5.50

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

Bedrooms

	Florence Area	South Carolina	U.S.
Total Housing Units	89,180, 100%	2,160,383	132,741,033
No Bedroom	829, 0.93%, see rank	1.46%	2.17%
1 Bedroom	4,312, 4.84%, see rank	5.67%	11.16%
2 Bedrooms	22,086, 24.77%, see rank	25.61%	26.69%
3 Bedrooms	47,045, 52.75%, see rank	48.91%	39.70%
4 Bedrooms	12,190, 13.67%, see rank	14.98%	16.05%
5 or More Bedrooms	2,718, 3.05%, see rank	3.36%	4.22%

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

House Heating Fuel

	Florence Area	South Carolina	U.S.
Total Housing Units	78,061, 100%	1,795,715	116,211,092
Utility Gas	8,393, 10.75%, see rank	23.19%	48.85%
Bottled, Tank, or LP Gas	4,652, 5.96%, see rank	4.45%	4.86%
Electricity	62,588, 80.18%, see rank	69.42%	36.68%
Fuel Oil, Kerosene, etc.	1,364, 1.75%, see rank	1.31%	5.86%
Coal or Coke	11, 0.01%, see rank	0.02%	0.12%
Wood	584, 0.75%, see rank	1.13%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	37, 0.05%, see rank	0.11%	0.47%
No Fuel Used	432, 0.55%, see rank	0.35%	1.00%

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

Gross Rent

Monthly Rental	Florence Area	South Carolina	U.S.
Occupied Units Paying Rent	22,174, 100%	508,636	39,201,928
$199 or Less	406, 1.83%, see rank	1.64%	1.50%
$200 to $299	1,401, 6.32%, see rank	3.64%	3.18%
$300 to $499	3,645, 16.44%, see rank	9.95%	7.37%
$500 to $699	7,663, 34.56%, see rank	23.11%	16.01%
$700 to $999	6,936, 31.28%, see rank	35.98%	29.17%
$1,000 to $1,499	1,847, 8.33%, see rank	19.71%	26.88%
$1,500 to $1,999	192, 0.87%, see rank	4.01%	9.79%
$2,000 or More	84, 0.38%, see rank	1.97%	6.10%
Median	$651, see rank	$784	$920

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

Vehicle Available

	Florence Area	South Carolina	U.S.
Occupied Housing Units	78,061, 100%	1,795,715	116,211,092
No Vehicles Available	7,266, 9.31%, see rank	7.05%	9.12%
1 Vehicles Available	27,448, 35.16%, see rank	33.91%	33.80%
2 Vehicles Available	27,239, 34.89%, see rank	38.53%	37.48%
3 or More Vehicles Available	16,108, 20.64%, see rank	20.52%	19.61%

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