Primary sources for Florence, KY
- Census Bureau profile of Florence, KY, ACS data
- EIA-861 utility data for Florence, KY, prices
- DOE LEAD tool for Florence, KY, energy burden
- NOAA storms and FEMA flood claims for Florence, KY
Electricity rates in Florence, Kentucky
Florence, KY ranks 1 of 11 Kentucky cities for the highest median rent ($1,199 a month). Florence, Kentucky has 32,334 residents in 14,030 households; 55.2% heat with electricity.
Florence on the map
Boone County, with Florence marked
Housing and heating in Florence
Florence, KY: 6,460 of 14,637 homes were built before 1980 and 4,323 in 2000 or later. Florence, KY has 6,748 detached houses, 5,821 homes in 5+ unit buildings and 30 mobile homes.
Age of homes in Florence, KY
% of homes by decade built, Florence, KY
- 1pre-40
- 240s
- 950s
- 1160s
- 2170s
- 1380s
- 1490s
- 2200s
- 610s
- 120+
Heating fuel in Florence, KY
| Florence, KY | Value | County | Gap | Rank |
|---|---|---|---|---|
| Florence, KY, median year built | 1985 | 1995 | -10 years | 6 of 11 |
| Florence, KY, built before 1980 | 44.1% | 26.8% | +17.4 points | 6 of 11 |
| Florence, KY, built 2000 or later | 29.5% | 39.7% | -10.1 points | 6 of 11 |
| Florence, KY, detached houses | 46.1% | 69.2% | -23.1 points | 9 of 11 |
| Florence, KY, apartments in 5+ unit buildings | 39.8% | 18.2% | +21.6 points | 1 of 11 |
| Florence, KY, mobile homes | 0.2% | 3.8% | -3.6 points | 11 of 11 |
| Florence, KY, renter households | 40.7% | 23.3% | +17.3 points | 8 of 11 |
| Florence, KY, median home value | $196,200 | $253,200 | -$57,000 | 8 of 11 |
| Florence, KY, median gross rent a month | $1,199 | $1,253 | -$54 | 1 of 11 |
| Florence, KY, people per household | 2.27 | 2.71 | -0.44 | 7 of 11 |
Facts about Florence
- Residents of Florence, KY, ACS 2023
- 32,3348 of 11 Kentucky cities with 30,000+
- Median household income in Florence, KY
- $68,5082 of 11 of those cities
- Households in Florence, KY
- 14,0302.30 people each
- Owner-occupied homes in Florence, KY
- 59.3%8,325 owners and 5,705 renter households
- Housing units in Florence, KY
- 14,637607 vacant or seasonal
- Homes heated by electricity in Florence, KY
- 55.2%7,744 of 14,030 homes
- Land area of Florence, KY
- 11.2 sq mi2,893.2 people per sq mi
- Bill as share of income in Florence, KY
- 2.3% to 2.5%at 1,047 kWh a month over the $68,508 median household income
- Wind and tornado reports within 15 miles of Florence, KY
- 294NWS point reports 2015 to 2025, 909.3 per 100,000 residents
- Median year homes were built in Florence, KY
- 19856,460 of 14,637 homes (44.1%) before 1980
- Median home value and rent in Florence, KY
- $196,200$1,199 gross rent a month, 7.33% of value a year
Who lives in Florence: income, cars, homes
3,073 residents of Florence, KY live below the poverty line, and the median age is 40.5. In Florence, KY, 3,096 of 14,030 households earn under $35,000, 4,683 $35,000-$75,000, 4,655 $75,000-$150,000 and 1,596 $150,000 or more. Florence, KY homes: 7,060 have 3+ bedrooms, 2,542 none or one, median 5.4 rooms. In Florence, KY, 2,386 of 5,501 renter households pay 30% or more of income in rent; 5,584 households moved in since 2018 and 2,261 before 2000, so electric accounts turn over at a moderate pace. In Florence, KY, 1,165 households own no vehicle and 7,476 own two or more; home EV charging depends on that. Of 16,377 workers in Florence, KY, 1,457 work from home, 12,660 drive alone, 78 ride transit and 1 walk.
Household income in Florence, KY
| Florence, KY | Value | Rank in Kentucky |
|---|---|---|
| Florence, KY, households under $35,000 | 22.1% | 10 of 11 |
| Florence, KY, households $150,000 or more | 11.4% | 5 of 11 |
| Florence, KY, residents below poverty | 9.7% | 11 of 11 |
| Florence, KY, median age | 40.5 | 1 of 11 |
| Florence, KY, homes with 3+ bedrooms | 48.2% | 10 of 11 |
| Florence, KY, households without a vehicle | 8.3% | 6 of 11 |
| Florence, KY, households with 2+ vehicles | 53.3% | 4 of 11 |
| Florence, KY, workers at home | 8.9% | 5 of 11 |
| Florence, KY, cost-burdened renters | 43.4% | 9 of 11 |
| Florence, KY, moved in since 2018 | 39.8% | 8 of 11 |
| Florence, KY, moved in before 2000 | 16.1% | 5 of 11 |
Cost of living with electricity in Florence
Florence, KY: 14,030 households at $1,335 a year per home for electricity (Boone County average, DOE LEAD) come to about $18.7 million, an estimate; all home energy is $1,832 a year per household.
| Group in Florence, KY | Households | Power per home | Power bill of the group | Share of Florence, KY median income |
|---|---|---|---|---|
| Florence, KY, all households | 14,030 | $1,335 | $18.7 million | 1.95% |
| Florence, KY, homeowners | 8,325 | $1,506 | $12.5 million | 2.20% |
| Florence, KY, renters | 5,705 | $789 | $4.5 million | 1.15% |
Outage risk around Florence
Florence, KY, NWS reports within 15 miles of the centre, 2015 to 2025: 289 wind and 5 tornado, 909.3 per 100,000 residents of 32,334. Top gust near Florence, KY: 87 knots, 100 mph. Damage near Florence, KY: $2.8M.
Reports within 15 miles of Florence, KY
wind and tornado reports, Florence, KY
- 33'15
- 52'16
- 13'17
- 31'18
- 27'19
- 33'20
- 15'21
- 32'22
- 10'23
- 13'24
- 35'25
| Florence, KY | Wind | Tornado | Total |
|---|---|---|---|
| Florence, KY, 2015 | 33 | 0 | 33 |
| Florence, KY, 2016 | 51 | 1 | 52 |
| Florence, KY, 2017 | 12 | 1 | 13 |
| Florence, KY, 2018 | 31 | 0 | 31 |
| Florence, KY, 2019 | 27 | 0 | 27 |
| Florence, KY, 2020 | 32 | 1 | 33 |
| Florence, KY, 2021 | 14 | 1 | 15 |
| Florence, KY, 2022 | 32 | 0 | 32 |
| Florence, KY, 2023 | 10 | 0 | 10 |
| Florence, KY, 2024 | 13 | 0 | 13 |
| Florence, KY, 2025 | 34 | 1 | 35 |
Who supplies Florence
Boone County lists 2 utilities for Florence, KY (32,334 residents): homes pay 12.55 to 13.44 cents per kWh, about $131 to $141 a month at 1,047 kWh, 2.3% to 2.5% of the $68,508 Florence median income. Boone County page.
Analyst note on Florence
Household income in Florence, KY is $68,508; 8,325 of its 14,030 households own. Florence, KY counts 32,334 residents in 14,030 households, on 11.2 square miles. 7,744 of the 14,030 occupied homes in Florence, KY heat with electricity.
Florence, KY has 14,637 housing units, 607 of them vacant or seasonal. Florence, KY ranks 1 of 11 Kentucky cities for homes in buildings of 5+ units (40%). Florence, KY ranks 1 of 11 Kentucky cities for the oldest residents (median age 40.5).
Florence, KY ranks 2 of 11 Kentucky cities for median household income ($68,508).
Bill and heat pump calculator, Florence
Compare Florence with nearby cities
| City near Florence, KY | Distance from Florence | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Florence, KY (this page) | 0 mi | 32,334 | $68,508 | 1985 | $196,200 | 294 | 8.9% |
| Covington, KY | 7.5 mi northeast | 40,902 (+8,568) | $58,814 (-$9,694) | 1947 (-38 yr) | $167,900 (-$28,300) | 340 (+46) | 12.8% (+3.9 pts) |
| Georgetown, KY | 51.0 mi south | 38,206 (+5,872) | $78,373 (+$9,865) | 2000 (+15 yr) | $244,200 (+$48,000) | 145 (-149) | 9.4% (+0.5 pts) |
| Lexington-Fayette, KY | 66.6 mi south | 321,122 (+288,788) | $67,631 (-$877) | 1983 (-2 yr) | $272,100 (+$75,900) | 224 (-70) | 10.9% (+2.0 pts) |
| Nicholasville, KY | 76.4 mi south | 31,625 (-709) | $67,514 (-$994) | 1991 (+6 yr) | $210,700 (+$14,500) | 201 (-93) | 8.3% (-0.6 pts) |
| Louisville/Jefferson County metro government, KY | 78.6 mi southwest | 627,210 (+594,876) | $64,731 (-$3,777) | 1970 (-15 yr) | $221,500 (+$25,300) | 430 (+136) | 11.6% (+2.7 pts) |
ZIP codes in Florence
| ZIP area touching Florence, KY | Share of the ZIP's land inside Florence | Share of Florence's land in the ZIP |
|---|---|---|
| 41042 (Florence, KY) | 43.5% | 90.0% |
| 41091 (Florence, KY) | 1.3% | 6.9% |
| 41018 (Florence, KY) | 2.9% | 3.1% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
Kentucky: home prices since 2001, planned plants.
Questions on Florence
Florence: what is the electricity rate?
Florence, KY has no price of its own; its 32,334 residents are served by one of 2 utilities, and a 1,047 kWh month costs $131 to $141.
Florence: how does it rank among Kentucky cities?
Florence, KY: rank 8 of 11 by its 32,334 residents, rank 2 of 11 by $68,508 median income.
Florence: how many homes heat with electricity?
Florence, KY: 7,744 of 14,030 occupied homes, 55.2%; Boone County 48.0%.
Florence: how much income goes to electricity?
At 1,047 kWh a month, 2.3% to 2.5% of the $68,508 median income in Florence, KY.
Florence: damaging storms reported nearby?
294 NWS wind and tornado reports within 15 miles of the centre of Florence, KY, 2015 to 2025, 909.3 per 100,000 residents.
How old are the homes in Florence?
Florence, KY: median home built 1985; 6,460 of 14,637 homes (44.1%) predate 1980, 6,748 are detached and 5,821 sit in buildings of 5+ units.
How many residents of Florence, KY live below the poverty line?
3,073 residents.
How many households in Florence, KY earn under $35,000?
3,096 of 14,030, against 1,596 at $150,000 or more.
How big are the homes in Florence, KY?
7,060 of 14,637 homes have 3+ bedrooms; median 5.4 rooms.