How many renters in Florence, KY pay more than 30% of their income on rent?

Name: Rent burden in Florence, KY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

40.7% (±6.4 points) of renting households in Florence, KY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

31.6% spend 35% or more.

The median renting household spends 27.2% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 40.7% (±6.4 points)
Paying 35% or more: 31.6% (±5.3 points)
Median share of income: 27.2% (±1.8 points)

Rent as a share of income in Florence

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Florence	Boone County	Kentucky	United States
Less than 15%	15.8% (±5.3 points)	17.6%	16.6%	12.6%
15% to 19.9%	13.9% (±4.8 points)	13.0%	13.5%	12.2%
20% to 24.9%	13.0% (±3.9 points)	16.6%	12.7%	12.6%
25% to 29.9%	16.5% (±5.4 points)	12.6%	11.8%	11.5%
30% to 34.9%	9.1% (±3.5 points)	9.8%	8.8%	9.2%
35% or more	31.6% (±5.3 points)	30.4%	36.6%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Florence against Boone County, its state and the nation

Estimate (90% margin of error)
	Florence	Boone County	Kentucky	United States
Paying 30% or more	40.7% (±6.4 points)	40.2% (±4.4 points)	45.4% (±0.6 points)	51.1%
Paying 35% or more	31.6% (±5.3 points)	30.4% (±3.5 points)	36.6% (±0.5 points)	41.9%
Median share of income	27.2% (±1.8 points)	26.1% (±1.6 points)	28.1% (±0.3 points)	30.6%
Median renter household income	$56,114 (±$8,540)	$63,905 (±$6,113)	$39,858 (±$584)	$52,966
Median gross rent	$1,329 (±$50)	$1,373 (±$37)	$967 (±$5)	$1,413

In Florence, the share of renters paying 30% or more of income is not measurably different from Boone County (40.2%).

It is not measurably different from Kentucky (45.4%).

It is lower than the national figure (51.1%).

In Boone County, Florence ranks 4 of 8 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 247 of 425.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Florence

Nearest places with a published estimate, compared with Florence
Place	Distance	Renters paying 30% or more of income	Compared with this place
Florence	—	40.7% (±6.4 points)	—
Oakbrook	1.7 mi	38.3% (±19.2 points)	Not measurably different
Elsmere	2.5 mi	60.7% (±20.3 points)	Not measurably different
Union	3.5 mi	41.3% (±34.1 points)	Not measurably different
Erlanger	4.1 mi	39.9% (±10.6 points)	Not measurably different
Burlington	4.4 mi	39.3% (±15.0 points)	Not measurably different
Crestview Hills	4.7 mi	41.5% (±23.9 points)	Not measurably different
Edgewood	4.9 mi	33.6% (±22.4 points)	Not measurably different
Lakeside Park	5.2 mi	15.6% (±27.9 points)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Boone County, place by place

Rank	Place	Renters paying 30% or more of income
1	Hebron	56.0% (±18.4 points)
2	Walton	43.8% (±19.3 points)
3	Union	41.3% (±34.1 points)
4	Florence	40.7% (±6.4 points)
5	Burlington	39.3% (±15.0 points)
6	Oakbrook	38.3% (±19.2 points)
7	Francisville	17.8% (±14.2 points)
8	Verona	0.0% (±141.4 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Florence

Are renters in Florence rent-burdened?

40.7% of renting households in Florence pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Florence spend on rent?

The median renting household in Florence, KY spends 27.2% (±1.8 points) of its household income on gross rent.

Sources

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, Kentucky (place:27982, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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.