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Florence city, KY

ZIP 41042 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 41042

Median Home Value
$210,500
Median Rent
$1,082
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,352/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 41042 in Florence city, KY, a household would need roughly $58,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,352. That sits below the local median household income ($75,582), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.5%+3% vs US avg
x
Vacancy Rate
3.8%-63% vs US avg
x
Broadband Access
91.3%+5% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
2.1%-83% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
20.5%-59% vs US avg
x
Mortgage-Free
34.0%-11% vs US avg
x
$210,500
Home Value
$1,082
Rent
1988
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached52.6%
  • 1-unit attached8.0%
  • 2-9 units13.9%
  • 10+ units20.3%
  • Mobile home & other5.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$210,500
Median rent$1,082
Owner-occupied67.5%
Vacant3.8%
Price-to-income2.8x
Est. income to buy$58,000