All Countries
Florence, AL
Full City Profile · Alabama · Lauderdale County County
3.2
/5.0
B
Good
41,231
Population
1,523/sq mi density
$50,396
Median Income
$29,129 per capita
$174,100
Home Value
$205,332 Zillow
$784
Median Rent
27.3% income on rent
61°F
Avg Temperature
301 sunny days/yr
502
Violent Crime/100K
3,668 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$50,396 median income, 3.3% unemployment
A+
Affordability
4.7 / 5.0
$174,100 home value, $784/mo rent
F
Safety
1.0 / 5.0
502 violent crimes/100K (32% above avg)
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher
Housing Overview
Median Home Value
$174,100
38% below
US avg: $281,900
Median Rent
$784/mo
33% below
US avg: $1,163/mo
Homeownership Rate
50.5%
23% below US avg (65.4%)
Total Housing Units
19,709
Median year built: 1973
Home Value by Source
Census Median
$174,100
Zillow (ZHVI)
$205,332
Median Sale Price
$234,000
Median List Price
$289,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.5%
Owner-Occupied
49.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$784/mo
· Zillow rent:
$1,236/mo
Market Indicators (Redfin)
Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
23.8%
of listings with price reduction
Price Per Sq Ft
$131
Active Inventory
126
homes for sale
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
50.5%
Complete Housing Data
Home Values
| Census Median Value | $174,100 |
| Zillow Home Value (ZHVI) | $205,332 |
| Median Sale Price | $234,000 |
| Median List Price | $289,900 |
| Price Per Sq Ft | $131 |
Rent
| Census Median Rent | $784 |
| Zillow Rent (ZORI) | $1,236 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
| Days on Market | 65 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.8% |
| Homes Sold | 31 |
| Active Inventory | 126 |
| Price Per Sq Ft | $131 |
Ownership & Stock
| Owner-Occupied | 50.5% |
| Renter-Occupied | 49.5% |
| Homeownership Rate | 50.5% |
| Total Housing Units | 19,709 |
| Median Year Built | 1973 |
| Rent Burden | 27.3% |