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Real Estate Prices & Overview

Florence median real estate price is $252,803, which is more expensive than 39.4% of the neighborhoods in North Carolina and 33.1% of the neighborhoods in the U.S.

The average rental price in Florence is currently $1,988, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.3% of the neighborhoods in North Carolina.

Florence is a suburban neighborhood (based on population density) located in High Point, North Carolina.

Florence real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Florence neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Florence, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 81.1% of all neighborhoods in the U.S. This means that the housing supply in Florence is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Divorcees may find friendship and understanding in this neighborhood, as 21.9% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.5% of the neighborhoods in America.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Florence neighborhood. A whopping 71.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.0% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Florence neighborhood has more Yugoslav and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Yugoslav ancestry and 5.6% have Scottish ancestry.

Florence is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Florence neighborhood in High Point are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.5% of the neighborhoods in America. In addition, 2.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 73.9% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Florence neighborhood, 44.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.1%), and 10.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Florence neighborhood is English, spoken by 89.4% of households. Some people also speak Spanish (4.9%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Florence neighborhood in High Point, NC, residents most commonly identify their ethnicity or ancestry as German (13.1%). There are also a number of people of English ancestry (11.9%), and residents who report Irish roots (10.7%), and some of the residents are also of Asian ancestry (6.1%), along with some Scottish ancestry residents (5.6%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Florence neighborhood spend between 15 and 30 minutes commuting one-way to work (42.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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