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Florence, IL
Full City Profile · Illinois · Scott County County
3.5
/5.0
B+
Good
12
Population
43/sq mi density
$26,250
Median Income
$20,642 per capita
$75,000
Home Value
$103,125 Zillow
54°F
Avg Temperature
293 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$26,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$75,000 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.8 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$75,000
73% below
US avg: $281,900
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
28
Median year built: 1955
Home Value by Source
Census Median
$75,000
Zillow (ZHVI)
$103,125
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.0%
Owner-Occupied
25.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
75.0%
Complete Housing Data
Home Values
| Census Median Value | $75,000 |
| Zillow Home Value (ZHVI) | $103,125 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 75.0% |
| Renter-Occupied | 25.0% |
| Homeownership Rate | 75.0% |
| Total Housing Units | 28 |
| Median Year Built | 1955 |
| Rent Burden | 18.1% |