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Florence, Arizona

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
25,570
Population
$79,644
Median Income
$346,300
Home Value
43.1
Median Age

Demographics

Florence has a population of 25,570 with a median age of 43.1. Here is the racial and ethnic breakdown of the population:

White
64.1%
Hispanic
31.4%
Black
8.9%
Asian
0.7%
Demographic Value
Total Population25,570
Median Age43.1
White64.1%
Black or African American8.9%
Asian0.7%
Hispanic or Latino31.4%
Florence, Arizona — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 105.White: 61.0%Hispanic/Latino: 29.9%Black: 8.5%Other: 0.7%25,570PopulationWhiteWhite61.0%Hispanic/LatinoHispanic/Latino29.9%BlackBlack8.5%OtherOther0.7%

Income & Economy

The median household income in Florence is $79,644, which is 1.2% below the national median of $80,610. The per capita income is $29,845. The poverty rate is 6.9%.

$79,644
Median Household Income
$29,845
Per Capita Income
6.9%
Poverty Rate

Employment

The unemployment rate in Florence is 3.6%, compared to the national rate of 4.1%.

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Education

In Florence, 84.3% of residents age 25+ have a high school diploma or higher, and 17.3% hold a bachelor's degree or higher (4.7% with a graduate or professional degree).

HS Diploma+
84.3%
Bachelor's+
17.3%
Graduate+
4.7%
Education Level % of Adults (25+)
High School Diploma or Higher84.3%
Bachelor's Degree or Higher17.3%
Graduate or Professional Degree4.7%

Housing

The median home value in Florence is $346,300, above the national median of $303,400. The median monthly rent is $1,302. The homeownership rate is 86.8%.

$346,300
Median Home Value
$1,302/mo
Median Rent
86.8%
Homeownership Rate
Housing Metric Value
Median Home Value$346,300
Median Monthly Rent$1,302
Homeownership Rate86.8%
Vacancy Rate16.7%

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Frequently Asked Questions

What is the population of Florence, Arizona?
The population of Florence, Arizona is 25,570 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Florence, Arizona?
The median household income in Florence, Arizona is $79,644. This is 1.2% below the national median of $80,610.
What is the median home value in Florence, Arizona?
The median home value in Florence, Arizona is $346,300. The median monthly rent is $1,302.
What percentage of people in Florence have a college degree?
In Florence, Arizona, 17.3% of adults age 25 and older hold a bachelor's degree or higher, and 84.3% have a high school diploma or higher.
Is Florence, Arizona an affordable place to live?
The home price-to-income ratio in Florence, Arizona is 4.3x (median home value $346,300 vs. median income $79,644), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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