Last updated: 2024 BLS data · Page refreshed:
Florence has a population of 41,701 with a median age of 35.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 41,701 |
| Median Age | 35.1 |
| White | 72.1% |
| Black or African American | 16.0% |
| Asian | 0.9% |
| Hispanic or Latino | 5.9% |
| Other / Two or More Races | 5.1% |
The median household income in Florence is $52,174, which is 35.3% below the national median of $80,610. The per capita income is $31,735. The poverty rate is 17.9%.
The unemployment rate in Florence is 3.4%, compared to the national rate of 4.1%.
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In Florence, 91.7% of residents age 25+ have a high school diploma or higher, and 34.5% hold a bachelor's degree or higher (13.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.7% |
| Bachelor's Degree or Higher | 34.5% |
| Graduate or Professional Degree | 13.6% |
The median home value in Florence is $196,300, below the national median of $303,400. The median monthly rent is $820. The homeownership rate is 52.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $196,300 |
| Median Monthly Rent | $820 |
| Homeownership Rate | 52.1% |
| Vacancy Rate | 11.9% |
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