According to statistics, the population in Florence, SC amounts to 37,840, which shows decline -1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $47,008, shifting growth 4% from the past year, and the average property value in Florence, SC growth 1% to $157,500 throughout the year.
|Number Of Employees||17,484|
|Median Property Value||$157,500|
The average household income in Florence, SC grew from $44,989 to $47,008 in the past year. This data is an estimate based upon 15,200 households in Florence, SC . The chart below presents how household income is distributed in Florence, SC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Florence, SC shifted from $155,700 to $157,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Florence, SC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Florence, SC properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Florence, SC compared to median property taxes around the country. The prevalent amount of property taxes in Florence, SC equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Florence, SC increased by 15.4% to $293,866.
Asking price for 2-bed apartment also increased by 11.1% and a place of this size will now cost you $110,020. A 3-bed apartment goes for $277,009, it increased by 23.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6.5% and made it up to $391,374.
Price reports demonstrate that house price increased by 7.4% this month making it up to $290,176. Condos faced an upward trend these days. The median price for a condo decreased by 3.7%, it’s now available for $133,367. You can now purchase a duplex for just $129,966, duplex price decreased by 25.7% this month. The price dynamics of lofts changed, it increased by 11.1%, the price tag now starts at $419,104. The property value of townhouses decreased by 32.1%, you’ll have to spend around $137,450 to get one.