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Florence, TX Real Estate


According to census data in the year 2000 there were 427 housing units in Florence. This represents a 18.3% growth from 361 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 427 were located in what is classified as a rural area.

Homeownership rate in Florence is about 68.8%. Florence's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Florence were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.40%
Two Bedrooms32.10%
Three Bedrooms51.80%
Four Bedrooms7.30%
Five Bedrooms or more0.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1971
Median Value of occupied units$70,600
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1980
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.50%
Simple Mortgage47.10%
Debt Free50.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16%