Florence, KY Foreclosed Homes & Properties

Foreclosure Homes in Florence, KY: What You Need to Know

Though Florence is one of Northern Kentucky’s larger cities, it still maintains a much smaller population than many American cities at just over 30,000 residents. However, Florence makes up in heart what it lacks in size, and locals are outspoken about this Boone County city’s overwhelming sense of charm and welcome. 

Florence, KY Demographics

Though the 2010 census found Florence to house 29,951 residents officially, a more recent 2019 estimate suggests that the population is likely closer to 33,000. The city contains 10,322 total housing units and the density of these units is around 1,046 per square mile. Florence’s residents are separated into 9,640 households with around 32% having children under 18 and around 46% housing married couples without children. A significant majority of the population, nearly 25%, is under 18.

Things to Do in Florence, KY

When looking for ways to spend a day out in Florence, there are many cheap or even free attractions to peruse, particularly outdoors. For example, Florence Nature Park, Lincoln Woods Park, and Stringtown park all offer a unique combination of lush natural scenery, playgrounds, walking trails, and even spots to set up a picnic. If you’re interested in horse racing, you can catch a live race or even a special nighttime event at nearby Turfway Park. 

Weather & Climate 

Florence enjoys around 182 sunny and clear days, with most of these occurring in the late spring, summer, and early fall. In fact, May, June, and September are known to be the city’s best months to be outdoors, as long as you have somewhere to keep cool during the July high of 86ºF. Florence residents also enjoy white winters with around 18 inches of snow per year, typically occurring in January and February. 

What is the Cost of Living in Florence, KY?

The median cost for a home in Florence is only around $165,000, which falls well below the national average of $231,200. Rental properties are also incredibly affordable with the average 1-bedroom apartment costing around $720 per month compared to the U.S. average of $930 per month. Florence residents pay slightly more for healthcare services on average, but they save yearly in utility bills and grocery costs. 

What are the Best Places to Shop in Florence, KY?

Florence’s main hub for retail shopping is Florence Mall, an indoor shopping facility that features over 100 stores as well as a food court packed with delicious eateries.