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Florence, SC Housing

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As of 2010-2014, median price of a house in Florence is $151,500, which is higher than the state average of $137,600 and is lower than the national average of $175,700. The Florence median house value has grown by 65.94% since 2000. The growth rate for the price of a house in Florence is higher than the state average rate of 44.99% and is higher than the national average rate of 46.91%. The median year that a house in Florence was built is 1976, which is older than the median year for a house built in the state which is 1986 and is about the same as 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 8,810 Owner Occupied Houses in Florence, SC, #65

Florence, SC	151,500 USD
South Carolina	137,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #48

Florence, SC	65.94%
South Carolina	44.99%
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, SC	South Carolina	U.S.
Total Housing Units	17,026, see rank, 100%	2,160,383	132,741,033
Occupied Housing Units	14,870, 87.34%, see rank	83.12%	87.55%
Owner Occupied	8,810, 51.74%, see rank	57.03%	56.34%
Renter Occupied	6,060, 35.59%, see rank	26.09%	31.21%
Vacant Housing Units	2,156, 12.66%, see rank	16.88%	12.45%
For Rent	915, 5.37%, see rank	3.50%	2.34%
For Sale Only	241, 1.42%, see rank	1.45%	1.20%
Rented or Sold, Not Occupied	107, 0.63%, see rank	0.86%	0.92%
For Seasonal, Recreational, or Occasional Use	181, 1.06%, see rank	5.85%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	712, 4.18%, see rank	5.20%	4.00%

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

Year Structure Built

Median Built Year, #162

Florence, SC	South Carolina	U.S.
1976	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, SC	%	South Carolina	U.S.
Owner-Occupied Units	8,810	100%	1,232,154	74,787,460
With a Mortgage	5,982	67.90%, see rank	60.95%	65.58%
Without a Mortgage	2,828	32.10%, 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, SC	1,234 USD
South Carolina	1,201 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Florence, SC	%	South Carolina	U.S.
$299 or Less	0	0.00%, see rank	0.25%	0.20%
$300 to $499	58	0.97%, see rank	2.58%	1.59%
$500 to $699	327	5.47%, see rank	8.65%	5.01%
$700 to $999	1,201	20.08%, see rank	22.78%	14.32%
$1,000 to $1,499	2,568	42.93%, see rank	34.15%	27.90%
$1,500 to $1,999	1,156	19.32%, see rank	16.80%	20.35%
$2,000 to $2,999	483	8.07%, see rank	10.61%	19.52%
$3,000 or More	189	3.16%, see rank	4.19%	11.12%

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

Florence, SC	20.30% 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, SC	%	South Carolina	U.S.
10% or Less	370	6.19%, see rank	6.71%	5.86%
10% to 20%	2,514	42.03%, see rank	35.25%	31.95%
20% to 30%	1,473	24.62%, see rank	25.95%	27.64%
30% to 40%	706	11.80%, see rank	12.25%	13.74%
40% or More	827	13.82%, 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, SC	335 USD
South Carolina	347 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Florence, SC	%	South Carolina	U.S.
$199 or Less	372	13.15%, see rank	13.07%	7.76%
$200 to $299	761	26.91%, see rank	24.48%	14.70%
$300 to $499	1,110	39.25%, see rank	40.27%	34.63%
$500 to $699	474	16.76%, see rank	14.26%	21.16%
$700 or More	111	3.93%, see rank	7.92%	21.75%

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

Florence, SC	10.00% 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, SC	%	South Carolina	U.S.
10% or Less	1,552	54.88%, see rank	43.95%	40.19%
10% to 20%	823	29.10%, see rank	30.22%	31.47%
20% to 30%	201	7.11%, see rank	10.99%	12.24%
30% to 40%	98	3.47%, see rank	5.04%	5.64%
40% or More	115	4.07%, 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, SC	South Carolina	U.S.
Total Housing Units	17,026, 100%	2,160,383	132,741,033
1-unit, Detached	11,794, 69.27%, see rank	62.20%	61.65%
1-unit, Attached	332, 1.95%, see rank	2.82%	5.82%
2 Units	832, 4.89%, see rank	2.24%	3.75%
3 or 4 Units	1,228, 7.21%, see rank	2.88%	4.43%
5 to 9 Units	1,342, 7.88%, see rank	4.71%	4.78%
10 or More Units	1,316, 7.73%, see rank	8.19%	13.08%
Mobile Home, Boat, RV, Van, etc.	182, 1.07%, see rank	16.97%	6.49%

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

Rooms

	Florence, SC	South Carolina	U.S.
Total Housing Units	17,026, 100%	2,160,383	132,741,033
1 Room	186, 1.09%, see rank	1.39%	1.95%
2 Rooms	212, 1.25%, see rank	1.26%	2.48%
3 Rooms	1,093, 6.42%, see rank	6.09%	9.13%
4 Rooms	3,345, 19.65%, see rank	16.98%	16.60%
5 Rooms	4,052, 23.80%, see rank	23.67%	20.41%
6 Rooms	2,949, 17.32%, see rank	19.72%	18.06%
7 Rooms	2,146, 12.60%, see rank	13.10%	12.27%
8 Rooms	1,411, 8.29%, see rank	8.38%	8.48%
9 Rooms or More	1,632, 9.59%, 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, SC	South Carolina	U.S.
Total Housing Units	17,026, 100%	2,160,383	132,741,033
No Bedroom	198, 1.16%, see rank	1.46%	2.17%
1 Bedroom	1,352, 7.94%, see rank	5.67%	11.16%
2 Bedrooms	4,658, 27.36%, see rank	25.61%	26.69%
3 Bedrooms	7,668, 45.04%, see rank	48.91%	39.70%
4 Bedrooms	2,555, 15.01%, see rank	14.98%	16.05%
5 or More Bedrooms	595, 3.49%, see rank	3.36%	4.22%

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

House Heating Fuel

	Florence, SC	South Carolina	U.S.
Total Housing Units	14,870, 100%	1,795,715	116,211,092
Utility Gas	3,462, 23.28%, see rank	23.19%	48.85%
Bottled, Tank, or LP Gas	357, 2.40%, see rank	4.45%	4.86%
Electricity	10,758, 72.35%, see rank	69.42%	36.68%
Fuel Oil, Kerosene, etc.	221, 1.49%, see rank	1.31%	5.86%
Coal or Coke	0, 0.00%, see rank	0.02%	0.12%
Wood	0, 0.00%, see rank	1.13%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	0, 0.00%, see rank	0.11%	0.47%
No Fuel Used	72, 0.48%, see rank	0.35%	1.00%

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

Gross Rent

Monthly Rental	Florence, SC	South Carolina	U.S.
Occupied Units Paying Rent	5,578, 100%	508,636	39,201,928
$199 or Less	133, 2.38%, see rank	1.64%	1.50%
$200 to $299	504, 9.04%, see rank	3.64%	3.18%
$300 to $499	883, 15.83%, see rank	9.95%	7.37%
$500 to $699	1,651, 29.60%, see rank	23.11%	16.01%
$700 to $999	1,647, 29.53%, see rank	35.98%	29.17%
$1,000 to $1,499	612, 10.97%, see rank	19.71%	26.88%
$1,500 to $1,999	101, 1.81%, see rank	4.01%	9.79%
$2,000 or More	47, 0.84%, see rank	1.97%	6.10%
Median	$664, see rank	$784	$920

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

Vehicle Available

	Florence, SC	South Carolina	U.S.
Occupied Housing Units	14,870, 100%	1,795,715	116,211,092
No Vehicles Available	1,666, 11.20%, see rank	7.05%	9.12%
1 Vehicles Available	5,670, 38.13%, see rank	33.91%	33.80%
2 Vehicles Available	5,015, 33.73%, see rank	38.53%	37.48%
3 or More Vehicles Available	2,519, 16.94%, see rank	20.52%	19.61%

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