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Florence, South Dakota

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
317
Population
$75,909
Median Income
$158,700
Home Value
51.3
Median Age

Demographics

Florence has a population of 317 with a median age of 51.3. Here is the racial and ethnic breakdown of the population:

White
89.3%
Other
7.6%
Hispanic
2.5%
Asian
0.6%
Demographic Value
Total Population317
Median Age51.3
White89.3%
Asian0.6%
Hispanic or Latino2.5%
Other / Two or More Races7.6%
Florence, South Dakota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 89.3%Other: 7.6%Hispanic/Latino: 2.5%Other: 0.6%317PopulationWhiteWhite89.3%OtherOther7.6%Hispanic/LatinoHispanic/Latino2.5%OtherOther0.6%

Income & Economy

The median household income in Florence is $75,909, which is 5.8% below the national median of $80,610. The per capita income is $31,852. The poverty rate is 9.8%.

$75,909
Median Household Income
$31,852
Per Capita Income
9.8%
Poverty Rate

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Education

In Florence, 96.6% of residents age 25+ have a high school diploma or higher, and 8.0% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).

HS Diploma+
96.6%
Bachelor's+
8.0%
Graduate+
3.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.6%
Bachelor's Degree or Higher8.0%
Graduate or Professional Degree3.8%

Housing

The median home value in Florence is $158,700, below the national median of $303,400. The median monthly rent is $817. The homeownership rate is 85.5%.

$158,700
Median Home Value
$817/mo
Median Rent
85.5%
Homeownership Rate
Housing Metric Value
Median Home Value$158,700
Median Monthly Rent$817
Homeownership Rate85.5%
Vacancy Rate8.8%

Salaries in South Dakota

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Frequently Asked Questions

What is the population of Florence, South Dakota?
The population of Florence, South Dakota is 317 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Florence, South Dakota?
The median household income in Florence, South Dakota is $75,909. This is 5.8% below the national median of $80,610.
What is the median home value in Florence, South Dakota?
The median home value in Florence, South Dakota is $158,700. The median monthly rent is $817.
What percentage of people in Florence have a college degree?
In Florence, South Dakota, 8.0% of adults age 25 and older hold a bachelor's degree or higher, and 96.6% have a high school diploma or higher.
Is Florence, South Dakota an affordable place to live?
The home price-to-income ratio in Florence, South Dakota is 2.1x (median home value $158,700 vs. median income $75,909), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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