All Countries
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
Income Overview
Median Household Income
$68,508
9% below
US avg: $75,149
Per Capita Income
$38,133
2% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
6.2%
50% 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
$68,508
91%
Per Capita
US: $39,052
$38,133
98%
IRS Avg AGI
US: $72,000
$86,090
120%
Avg Weekly Wage
US: $1,432
$1,138
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,138
21% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
8.9%
41% below US avg (15.2%)
Drive Alone
77.3%
6% above US avg (73.2%)
Public Transit
0.5%
90% below US avg (5.0%)
County GDP
$16,775M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.3%
Public Transit
0.5%
Work From Home
8.9%
Other
13.3%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
6,277
Restaurants
324
Healthcare
311
Retail
463
Manufacturing
158
Tax & Financial
IRS Avg Adjusted Gross Income
$86,090
20% above US avg ($72,000)
Avg Property Tax
$4,450
27% above US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $68,508 |
| Per Capita Income | $38,133 |
| IRS Avg Adjusted Gross Income | $86,090 |
| Avg Weekly Wage | $1,138 |
| County GDP | $16,775M |
Hardship Indicators
| Unemployment Rate | 1.7% |
| Poverty Rate | 6.2% |
| Gini Coefficient | 0.391 |
| Cost of Living Index | 90.2 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 77.3% |
| Public Transit | 0.5% |
| Work From Home | 8.9% |
Businesses
| Total Establishments | 6,277 |
| Restaurants | 324 |
| Healthcare | 311 |
| Retail | 463 |
| Manufacturing | 158 |
Tax
| IRS Avg AGI | $86,090 |
| Avg Property Tax | $4,450 |