USA.com / Mississippi / Rankin County / Florence, MS / Housing

Florence, MS Housing

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As of 2010-2014, median price of a house in Florence is $143,800, which is higher than the state average of $100,800 and is lower than the national average of $175,700. The Florence median house value has grown by 47.34% since 2000. The growth rate for the price of a house in Florence is higher than the state average rate of 41.18% and is about the same as the national average rate of 46.91%. The median year that a house in Florence was built is 1994, which is newer than the median year for a house built in the state which is 1982 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 994 Owner Occupied Houses in Florence, MS, #32

Florence, MS	143,800 USD
Mississippi	100,800 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #137

Florence, MS	47.34%
Mississippi	41.18%
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, MS	Mississippi	U.S.
Total Housing Units	1,618, see rank, 100%	1,284,794	132,741,033
Occupied Housing Units	1,559, 96.35%, see rank	85.04%	87.55%
Owner Occupied	994, 61.43%, see rank	58.59%	56.34%
Renter Occupied	565, 34.92%, see rank	26.45%	31.21%
Vacant Housing Units	59, 3.65%, see rank	14.96%	12.45%
For Rent	37, 2.29%, see rank	3.20%	2.34%
For Sale Only	0, 0.00%, see rank	1.19%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.92%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	3.09%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	22, 1.36%, see rank	6.50%	4.00%

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

Year Structure Built

Median Built Year, #21

Florence, MS	Mississippi	U.S.
1994	1982	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, MS	%	Mississippi	U.S.
Owner-Occupied Units	994	100%	752,825	74,787,460
With a Mortgage	653	65.69%, see rank	53.37%	65.58%
Without a Mortgage	341	34.31%, see rank	46.63%	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, MS	1,263 USD
Mississippi	1,090 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Florence, MS	%	Mississippi	U.S.
$299 or Less	0	0.00%, see rank	0.32%	0.20%
$300 to $499	11	1.68%, see rank	3.84%	1.59%
$500 to $699	0	0.00%, see rank	11.99%	5.01%
$700 to $999	191	29.25%, see rank	26.92%	14.32%
$1,000 to $1,499	359	54.98%, see rank	32.71%	27.90%
$1,500 to $1,999	65	9.95%, see rank	14.24%	20.35%
$2,000 to $2,999	27	4.13%, see rank	7.78%	19.52%
$3,000 or More	0	0.00%, see rank	2.22%	11.12%

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

Florence, MS	20.30% of the Total Income
Mississippi	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Florence, MS	%	Mississippi	U.S.
10% or Less	50	7.66%, see rank	6.94%	5.86%
10% to 20%	268	41.04%, see rank	35.03%	31.95%
20% to 30%	200	30.63%, see rank	25.20%	27.64%
30% to 40%	47	7.20%, see rank	12.61%	13.74%
40% or More	88	13.48%, see rank	19.44%	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, MS	371 USD
Mississippi	342 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Florence, MS	%	Mississippi	U.S.
$199 or Less	9	2.64%, see rank	14.03%	7.76%
$200 to $299	115	33.72%, see rank	25.44%	14.70%
$300 to $499	172	50.44%, see rank	39.59%	34.63%
$500 to $699	45	13.20%, see rank	14.55%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

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

Florence, MS	10.00% of the Total Income
Mississippi	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Florence, MS	%	Mississippi	U.S.
10% or Less	228	66.86%, see rank	41.93%	40.19%
10% to 20%	91	26.69%, see rank	30.64%	31.47%
20% to 30%	22	6.45%, see rank	11.80%	12.24%
30% to 40%	0	0.00%, see rank	5.63%	5.64%
40% or More	0	0.00%, see rank	8.24%	9.16%

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

Units in Structure

	Florence, MS	Mississippi	U.S.
Total Housing Units	1,618, 100%	1,284,794	132,741,033
1-unit, Detached	1,162, 71.82%, see rank	69.39%	61.65%
1-unit, Attached	0, 0.00%, see rank	1.19%	5.82%
2 Units	36, 2.22%, see rank	2.31%	3.75%
3 or 4 Units	162, 10.01%, see rank	3.00%	4.43%
5 to 9 Units	160, 9.89%, see rank	4.56%	4.78%
10 or More Units	20, 1.24%, see rank	4.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	78, 4.82%, see rank	15.31%	6.49%

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

Rooms

	Florence, MS	Mississippi	U.S.
Total Housing Units	1,618, 100%	1,284,794	132,741,033
1 Room	58, 3.58%, see rank	1.21%	1.95%
2 Rooms	0, 0.00%, see rank	1.58%	2.48%
3 Rooms	101, 6.24%, see rank	6.13%	9.13%
4 Rooms	329, 20.33%, see rank	16.22%	16.60%
5 Rooms	474, 29.30%, see rank	26.42%	20.41%
6 Rooms	350, 21.63%, see rank	20.78%	18.06%
7 Rooms	129, 7.97%, see rank	12.73%	12.27%
8 Rooms	76, 4.70%, see rank	7.32%	8.48%
9 Rooms or More	101, 6.24%, see rank	7.61%	10.60%
Median Rooms	5.20, see rank	5.40	5.50

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

Bedrooms

	Florence, MS	Mississippi	U.S.
Total Housing Units	1,618, 100%	1,284,794	132,741,033
No Bedroom	58, 3.58%, see rank	1.31%	2.17%
1 Bedroom	50, 3.09%, see rank	5.88%	11.16%
2 Bedrooms	406, 25.09%, see rank	22.42%	26.69%
3 Bedrooms	973, 60.14%, see rank	53.47%	39.70%
4 Bedrooms	86, 5.32%, see rank	14.46%	16.05%
5 or More Bedrooms	45, 2.78%, see rank	2.46%	4.22%

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

House Heating Fuel

	Florence, MS	Mississippi	U.S.
Total Housing Units	1,559, 100%	1,092,627	116,211,092
Utility Gas	953, 61.13%, see rank	30.86%	48.85%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	12.73%	4.86%
Electricity	606, 38.87%, see rank	54.38%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	0, 0.00%, see rank	1.52%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	0, 0.00%, see rank	0.13%	0.47%
No Fuel Used	0, 0.00%, see rank	0.24%	1.00%

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

Gross Rent

Monthly Rental	Florence, MS	Mississippi	U.S.
Occupied Units Paying Rent	553, 100%	295,003	39,201,928
$199 or Less	17, 3.07%, see rank	2.92%	1.50%
$200 to $299	0, 0.00%, see rank	5.50%	3.18%
$300 to $499	22, 3.98%, see rank	14.14%	7.37%
$500 to $699	82, 14.83%, see rank	25.54%	16.01%
$700 to $999	345, 62.39%, see rank	33.80%	29.17%
$1,000 to $1,499	0, 0.00%, see rank	15.24%	26.88%
$1,500 to $1,999	87, 15.73%, see rank	2.09%	9.79%
$2,000 or More	0, 0.00%, see rank	0.76%	6.10%
Median	$820, see rank	$714	$920

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

Vehicle Available

	Florence, MS	Mississippi	U.S.
Occupied Housing Units	1,559, 100%	1,092,627	116,211,092
No Vehicles Available	17, 1.09%, see rank	6.90%	9.12%
1 Vehicles Available	308, 19.76%, see rank	33.90%	33.80%
2 Vehicles Available	748, 47.98%, see rank	37.27%	37.48%
3 or More Vehicles Available	486, 31.17%, see rank	21.93%	19.61%

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