Last updated: 2024 BLS data · Page refreshed:
Florence has a population of 4,696 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,696 |
| Median Age | 35.4 |
| White | 88.4% |
| Black or African American | 10.5% |
| Hispanic or Latino | 0.4% |
| Other / Two or More Races | 0.7% |
The median household income in Florence is $86,308, which is 7.1% above the national median of $80,610. The per capita income is $32,680. The poverty rate is 6.7%.
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In Florence, 94.4% of residents age 25+ have a high school diploma or higher, and 21.8% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.4% |
| Bachelor's Degree or Higher | 21.8% |
| Graduate or Professional Degree | 8.9% |
The median home value in Florence is $230,800, below the national median of $303,400. The median monthly rent is $923. The homeownership rate is 69.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $230,800 |
| Median Monthly Rent | $923 |
| Homeownership Rate | 69.7% |
| Vacancy Rate | 7.8% |
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