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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
Top Industries in Florence (18)
County-level employment data (BLS QCEW). Sorted by employment.
Transportation & Warehousing
25,038 jobs
334 firms
$59,956/yr
Manufacturing
13,367 jobs
419 firms
$75,569/yr
Administrative & Waste Services
9,826 jobs
438 firms
$41,396/yr
Retail Trade
9,500 jobs
566 firms
$41,368/yr
Accommodation & Food Services
8,253 jobs
418 firms
$27,019/yr
Wholesale Trade
8,094 jobs
482 firms
$83,455/yr
Health Care & Social Assistance
6,653 jobs
728 firms
$56,671/yr
Construction
2,953 jobs
455 firms
$76,165/yr
Professional & Technical Services
2,725 jobs
984 firms
$97,560/yr
Other Services
2,478 jobs
373 firms
$48,790/yr
Arts & Entertainment
2,108 jobs
64 firms
$35,326/yr
Finance & Insurance
1,912 jobs
310 firms
$91,309/yr
Real Estate
1,109 jobs
216 firms
$54,664/yr
Information & Technology
701 jobs
195 firms
$80,717/yr
Educational Services
466 jobs
79 firms
$40,115/yr
Management of Companies
363 jobs
43 firms
$79,079/yr
Utilities
246 jobs
20 firms
$131,087/yr
Unclassified
37 jobs
32 firms
$75,618/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Transportation & Warehousing
5.74
Wholesale Trade
2.00
Administrative & Waste Services
1.62
Manufacturing
1.58
Arts & Entertainment
1.22
Retail Trade
0.92
Accommodation & Food Services
0.88
Other Services
0.80
Real Estate
0.69
Utilities
0.63
Construction
0.55
Finance & Insurance
0.46
Health Care & Social Assistance
0.45
Professional & Technical Services
0.38
Information & Technology
0.36
Unclassified
0.26
Educational Services
0.22
Management of Companies
0.21
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Transportation & Warehousing | 25,038 | 334 | $1,153 | $59,956 | 5.74 |
| Manufacturing | 13,367 | 419 | $1,453 | $75,569 | 1.58 |
| Administrative & Waste Services | 9,826 | 438 | $796 | $41,396 | 1.62 |
| Retail Trade | 9,500 | 566 | $796 | $41,368 | 0.92 |
| Accommodation & Food Services | 8,253 | 418 | $520 | $27,019 | 0.88 |
| Wholesale Trade | 8,094 | 482 | $1,605 | $83,455 | 2.00 |
| Health Care & Social Assistance | 6,653 | 728 | $1,090 | $56,671 | 0.45 |
| Construction | 2,953 | 455 | $1,465 | $76,165 | 0.55 |
| Professional & Technical Services | 2,725 | 984 | $1,876 | $97,560 | 0.38 |
| Other Services | 2,478 | 373 | $938 | $48,790 | 0.80 |
| Arts & Entertainment | 2,108 | 64 | $679 | $35,326 | 1.22 |
| Finance & Insurance | 1,912 | 310 | $1,756 | $91,309 | 0.46 |
| Real Estate | 1,109 | 216 | $1,051 | $54,664 | 0.69 |
| Information & Technology | 701 | 195 | $1,552 | $80,717 | 0.36 |
| Educational Services | 466 | 79 | $771 | $40,115 | 0.22 |
| Management of Companies | 363 | 43 | $1,521 | $79,079 | 0.21 |
| Utilities | 246 | 20 | $2,521 | $131,087 | 0.63 |
| Unclassified | 37 | 32 | $1,454 | $75,618 | 0.26 |