Florence, KY — Momentum Score, Home Values & Best-For

All states·Kentucky·Florence

Boone County · Cincinnati · population 33,763

First-time buyers
Florence, KY
Image: Wikipedia · Florence, Kentucky
View watchlist →
67
Rising
Momentum score · 0–100

Where Florence stands

At or near all-time high.

Median home $287,771
1-year +0.3%
5-yr CAGR +4.7%
vs 5-yr peak +0.0%
Population +1.4%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$288k$148k$198k$249k$299k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
85/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,616/mo$1,178$1,454$1,729202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent126129100120202220242026

Rent vs buy

Price-to-rent ratio: 14.8
Buy

At a 14.8 price-to-rent ratio, buying generally beats renting in Florence on a long-enough horizon. The headline math is that one year of mortgage payments approximates 14.8 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
51 · w22%
Home 5-yr CAGR
63 · w22%
Distance from peak
90 · w18%
Population growth
71 · w16%
Rent YoY
63 · w12%
Home 10-yr CAGR
69 · w10%
Long thesis

Florence has held up across the cycle: home values at $287,771 with +4.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Florence's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Florence

Florence is a city in Boone County, Kentucky, with an estimated population of 33,763. It anchors the Cincinnati metro area. The population grew 1.4% annually from 2020 to 2024, a moderate gain. The median home value in Florence is $287,771 as of 2026-04, up 0.3% over the last 12 months. Over the last five years, home values have averaged +4.7% annual growth, with prices at or near the 5-year peak. Rents in Florence average $1,616 per month, roughly flat year-over-year (+2.7%). The composite momentum score is 67 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Net positive migration: population up 1.4% per year — demand fundamentals are intact.
Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Florence (Wikipedia)

Florence is a city in Boone County, Kentucky, United States, part of the Cincinnati metropolitan area. The population was 31,946 at the 2020 census, making it the second-most populous city in Northern Kentucky, the eighth-most populous city in Kentucky and the state's most populous that is not a county seat. Like all but the state's two most populous cities, Florence is a home rule-class city under Kentucky state law.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Boone County right now.

Public-safety links are official .gov sources, not curated by us. Boone County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Florence

1 tracked · ranked by median home value
1Oakbrook$330,622+2.6%

Cities like Florence

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
42° / 26°
avg high / low
Summer (Jul)
86° / 66°
avg high / low
Sunny days/yr
188
~52% of year
Annual precip
50″ rain
12″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Moderate
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Cincinnati area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Florence listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
70%
Humid climate
Median household income
$60,200
Kentucky state median
Top industries (state-level)
Manufacturing (auto)HealthcareLogistics (UPS)

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Florence

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