What percentage of people rent in Florence, CO?
32.1% (±8.7 points) of the occupied homes in Florence, CO are rented (2020–2024 American Community Survey).
That is 505 renting households against 1,066 that own their home.
In Florence, the share of households that rent went from 28.0% in 2015–2019 to 32.1% in 2020–2024 (+4.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 32.1% (±8.7 points)
- Renting households
- 505 (±152)
- Median renter income
- $33,495 (±$7,138)
Who rents and who owns in Florence
| Florence | Fremont County | Colorado | United States | |
|---|---|---|---|---|
| Renter-occupied share | 32.1% (±8.7 points) | 24.4% (±2.4 points) | 33.8% (±0.3 points) | 34.8% |
| Renting households | 505 (±152) | 4,381 (±465) | 802,483 (±6,593) | 45,017,354 |
| Owning households | 1,066 (±155) | 13,595 (±460) | 1,571,735 (±8,198) | 84,210,142 |
| Average renter household size | 1.8 (±0.3) | 2.0 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.3) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $33,495 (±$7,138) | $37,684 (±$10,994) | $63,537 (±$555) | $52,966 |
| Median owner household income | $57,297 (±$9,914) | $71,839 (±$4,224) | $117,732 (±$838) | $100,009 |
In Florence, the renter share is not measurably different from Fremont County (24.4%).
It is not measurably different from Colorado (33.8%).
It is not measurably different from the national figure (34.8%).
In Fremont County, Florence ranks 1 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 136 of 339.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Florence has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.0% (±6.4 points) | 32.1% (±8.7 points) | +4.1 percentage points | Not a measurable change |
| Median gross rent | $899 (±$159) | $754 (±$270) | −16.1% | Down after inflation |
| Median household income | $50,042 (±$5,193) | $50,262 (±$7,379) | +0.4% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Florence
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Florence | — | 32.1% (±8.7 points) | — |
| Coal Creek | 2.6 mi | 11.2% (±11.4 points) | Lower |
| Rockvale | 3.6 mi | 8.1% (±5.6 points) | Lower |
| Williamsburg | 3.8 mi | 15.4% (±6.8 points) | Lower |
| Brookside | 5.4 mi | 24.1% (±19.0 points) | Not measurably different |
| Penrose | 6.1 mi | 18.0% (±6.2 points) | Lower |
| Lincoln Park | 6.9 mi | 21.1% (±8.3 points) | Not measurably different |
| Cañon City | 7.8 mi | 30.3% (±3.6 points) | Not measurably different |
| Park Center | 10.0 mi | 16.2% (±9.1 points) | Lower |
Nearby places with a measurably lower figure: Coal Creek, CO (11.2%), Rockvale, CO (8.1%), Williamsburg, CO (15.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fremont County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Florence | 32.1% (±8.7 points) |
| 2 | Cañon City | 30.3% (±3.6 points) |
| 3 | Brookside | 24.1% (±19.0 points) |
| 4 | Lincoln Park | 21.1% (±8.3 points) |
| 5 | Penrose | 18.0% (±6.2 points) |
| 6 | Park Center | 16.2% (±9.1 points) |
| 7 | Williamsburg | 15.4% (±6.8 points) |
Showing 7 of 9 places in Fremont County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Florence
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Questions about Florence
How many renters are there in Florence?
Florence has an estimated 505 (±152) renting households, 32.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Florence?
In Florence, the share of households that rent went from 28.0% in 2015–2019 to 32.1% in 2020–2024 (+4.1 percentage points), not a measurable change.
How big are renting households in Florence?
A renting household in Florence has 1.8 people on average, against 2.7 in an owned home.
How much do renters earn in Florence?
The median renting household in Florence, CO has an income of $33,495 (±$7,138) a year, against $57,297 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Florence city, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Florence city, Colorado
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Florence city, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Florence city, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Florence city, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Florence city, Colorado (place:27040, in state:08).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Florence at a glance
- Median rent in Florence
- Rent by bedrooms in Florence
- Income and affordability in Florence
- Home values in Florence
- Homeowner costs in Florence
- Property taxes in Florence
- Types of homes in Florence
- Bedrooms in Florence
- Age of homes in Florence
- Heating fuel in Florence
- Commute and cars in Florence
- Crime reported to police in Florence
- Population growth in Florence
- How long people stay in Florence
- Colorado landlord and tenant rules
- Housing across Fremont County
- Colorado places ranked by share of renters
- Housing data for every place in Colorado