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
Change Over Time (2013–2023)
Population Change
+6.9%
31,033 → 33,169
over 10 years
Annual Pop. Growth
+0.67%
Compound annual growth rate
Median Income Change
+36.5%
$50,181 → $68,508
nominal, not inflation-adjusted
Annual Income Growth
+3.16%
Compound annual growth rate
Population Over Time
Total population for Florence across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
34,756
+1,587 from 2023 (33,169)
Projected Median Income 2030
$85,177
+$16,669 from 2023 ($68,508)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 31,033 | — | $50,181 | — |
| 2015 | 31,785 | +2.4% | $52,053 | +3.7% |
| 2017 | 32,451 | +2.1% | $56,670 | +8.9% |
| 2019 | 33,026 | +1.8% | $57,348 | +1.2% |
| 2021 | 32,132 | -2.7% | $64,718 | +12.9% |
| 2023 | 33,169 | +3.2% | $68,508 | +5.9% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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