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Florence, KY Real Estate

Florence is a city in Boone County, Kentucky with a population of about 32,334. The median home value is near $196,200, and median rent runs around $1,199/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$196,200
Median Rent
$1,199/mo
Population
32,334
Median Income
$68,508
Median Age
40.5
Homeownership
59.3%

Monthly payment on a median Florence home

Example for a $196,200 home: 20% down, 30-yr at ~6.75%, KY property tax ~0.83%, 0.4% insurance.

Est. monthly (PITI)
$1,219
Principal & interest
$1,018
Property tax / mo
$136
Down payment (20%)
$39,240

Florence at a glance

  • 16.9% of residents 25+ hold a bachelor's degree or higher.
  • 59.3% of occupied homes are owner-occupied.
  • Median household income is $68,508.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Kentucky cities

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