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Florence, KY

Full City Profile · Kentucky · Boone County County

3.4 /5.0
B Good
32,334 Population 2,892/sq mi density
$68,508 Median Income $38,133 per capita
$196,200 Home Value $285,531 Zillow
$1,199 Median Rent 27.9% income on rent
53°F Avg Temperature 293 sunny days/yr
167 Violent Crime/100K 4,308 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$68,508 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$196,200 home value, $1,199/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher

Florence, KY

At a Glance

Median Income
$68,508
9% below
$38,133 per capita
Home Value
$196,200
30% below
Zillow: $285,531
Median Rent
$1,199/mo
3% above
27.9% of income on rent
Violent Crime
167/100K
56% below
4,308/100K property
Bachelor's Degree+
26.3%
22% below
92.3% high school+
Unemployment
1.7%
53% below
6.2% poverty rate
Obesity Rate
31.0%
3% below
20.7% smoking rate
Avg Temperature
53°F
293 sunny days/yr

How Florence Compares to the U.S. Average

Each bar shows Florence's value as a percentage of the national average (100% = U.S. avg)

Income
91%
Home Value
70%
Rent
103%
Poverty
50%
Bachelor's
78%
Unemployment
47%
Crime
44%
Thin vertical line = U.S. national average (100%)

Is Florence a Good Place to Live?

B
3.4 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Florence residents earn a median household income of $68,508 , which is 9% below the national average of $75,149. Per capita income is $38,133. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 6.2% of residents live below the poverty line. The area is home to 6,277 business establishments, including 324 restaurants.

Housing & Cost of Living

The median home value in Florence is $196,200 , 30% below the national median of $281,900. Zillow estimates the typical home at $285,531. Median rent is $1,199/month, with 27.9% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1986.

Safety & Crime

Florence reports 167 violent crimes per 100,000 residents , which is 56% below the national average of 380/100K. Property crime is 4,308/100K. The murder rate is 3.0/100K.

Education

26.3% of adults in Florence hold a bachelor's degree or higher (22% below the national average). 92.3% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Florence has an average annual temperature of 53°F (12°C). Winters average 29°F in January while summers reach 74°F in July. The area gets 293 sunny days per year. Annual precipitation totals 47.7 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population32,334
Median Age40.5 yrs
Density2,892/mi²
Male / Female51% / 50%
Foreign Born13.6%
Veterans7.9%

Economy

A
Median Income$68,508
Per Capita$38,133
Unemployment1.7%
Poverty6.2%
County GDP$16,775M
Avg Weekly Wage$1,138

Housing

A+
Home Value$196,200
Rent$1,199
Ownership59.3%
Zillow$285,531
Housing Units14,403
Rent Burden27.9%

Crime

F
Violent167/100K
Property4,308/100K
Murder3.0/100K
Assault40/100K
Burglary429/100K

Health

Obesity31.0%
Diabetes10.6%
Smoking20.7%
Heart Disease6.7%
Premature Death7,098/100K

Climate

Avg Temp53°F
Sunny Days293/yr
Rain47.7 in/yr
AQI41 (Good)
Elevation906 ft

Education

B
Bachelor's+26.3%
High School+92.3%
Graduate+10.1%
School Score6.1/10

Community

2024 VoteR 68% / D 31%
Commute24 min
Broadband89.5%
Internet Speed201 Mbps
EV Stations7
Libraries7

Did You Know?

Florence was founded in 1830.
The median home in Florence was built in 1986.
The nearest airport is Cincinnati/Northern Kentucky International (4 miles).
The Gini coefficient (income inequality) is 0.391 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 201 Mbps.
There are 324 restaurants in the area.
The county recorded 6 fatal vehicle crashes.