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Florence, CO
Full City Profile · Colorado · Fremont County County
3.0
/5.0
B
Good
3,870
Population
862/sq mi density
$57,239
Median Income
$31,195 per capita
$228,300
Home Value
$278,629 Zillow
$694
Median Rent
21.6% income on rent
52°F
Avg Temperature
330 sunny days/yr
76
Violent Crime/100K
1,110 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$57,239 median income, 1.2% unemployment
A
Affordability
4.4 / 5.0
$228,300 home value, $694/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
C+
Education
2.6 / 5.0
19.7% bachelor's degree or higher
Income Overview
Median Household Income
$57,239
24% below
US avg: $75,149
Per Capita Income
$31,195
20% below
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
9.6%
23% below
US avg: 12.4%
Income Comparison: Florence vs. U.S. Average
Each bar shows Florence’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$57,239
76%
Per Capita
US: $39,052
$31,195
80%
IRS Avg AGI
US: $72,000
$59,878
83%
Avg Weekly Wage
US: $1,432
$1,062
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,062
26% below US avg ($1,432)
Mean Commute Time
29 min
4% above US avg (28 min)
Work From Home
8.4%
45% below US avg (15.2%)
Drive Alone
82.0%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,073M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82%
Public Transit
0%
Work From Home
8.4%
Other
9.6%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,124
Restaurants
103
Healthcare
98
Retail
126
Manufacturing
34
Tax & Financial
IRS Avg Adjusted Gross Income
$59,878
17% below US avg ($72,000)
Avg Property Tax
$2,296
34% below US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,239 |
| Per Capita Income | $31,195 |
| IRS Avg Adjusted Gross Income | $59,878 |
| Avg Weekly Wage | $1,062 |
| County GDP | $2,073M |
Hardship Indicators
| Unemployment Rate | 1.2% |
| Poverty Rate | 9.6% |
| Gini Coefficient | 0.467 |
| Cost of Living Index | 103.1 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 82.0% |
| Public Transit | 0.0% |
| Work From Home | 8.4% |
Businesses
| Total Establishments | 1,124 |
| Restaurants | 103 |
| Healthcare | 98 |
| Retail | 126 |
| Manufacturing | 34 |
Tax
| IRS Avg AGI | $59,878 |
| Avg Property Tax | $2,296 |