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Florence, Texas

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
1,061
Population
$78,750
Median Income
$239,100
Home Value
34.7
Median Age

Demographics

Florence has a population of 1,061 with a median age of 34.7. Here is the racial and ethnic breakdown of the population:

White
77.2%
Hispanic
43.5%
Demographic Value
Total Population1,061
Median Age34.7
White77.2%
Black or African American0.4%
Hispanic or Latino43.5%
Florence, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 121.White: 63.7%Hispanic/Latino: 35.9%Other: 0.3%1,061PopulationWhiteWhite63.7%Hispanic/LatinoHispanic/Latino35.9%OtherOther0.3%

Income & Economy

The median household income in Florence is $78,750, which is 2.3% below the national median of $80,610. The per capita income is $31,997. The poverty rate is 14.7%.

$78,750
Median Household Income
$31,997
Per Capita Income
14.7%
Poverty Rate

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Education

In Florence, 80.1% of residents age 25+ have a high school diploma or higher, and 21.6% hold a bachelor's degree or higher (5.7% with a graduate or professional degree).

HS Diploma+
80.1%
Bachelor's+
21.6%
Graduate+
5.7%
Education Level % of Adults (25+)
High School Diploma or Higher80.1%
Bachelor's Degree or Higher21.6%
Graduate or Professional Degree5.7%

Housing

The median home value in Florence is $239,100, below the national median of $303,400. The median monthly rent is $1,018. The homeownership rate is 76.6%.

$239,100
Median Home Value
$1,018/mo
Median Rent
76.6%
Homeownership Rate
Housing Metric Value
Median Home Value$239,100
Median Monthly Rent$1,018
Homeownership Rate76.6%
Vacancy Rate3.2%

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Frequently Asked Questions

What is the population of Florence, Texas?
The population of Florence, Texas is 1,061 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Florence, Texas?
The median household income in Florence, Texas is $78,750. This is 2.3% below the national median of $80,610.
What is the median home value in Florence, Texas?
The median home value in Florence, Texas is $239,100. The median monthly rent is $1,018.
What percentage of people in Florence have a college degree?
In Florence, Texas, 21.6% of adults age 25 and older hold a bachelor's degree or higher, and 80.1% have a high school diploma or higher.
Is Florence, Texas an affordable place to live?
The home price-to-income ratio in Florence, Texas is 3.0x (median home value $239,100 vs. median income $78,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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