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Florence, MN

Minnesota · Lincoln County

Florence is a small town in Minnesota with a population of 29. Residents earn $42,500 per year, which is 43% below the national average.

3.4 /5.0
B Good
29 Population 264/sq mi density
$42,500 Median Income $15,317 per capita
$158,300 Home Value
44°F Avg Temperature 276 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$42,500 median income, 0.0% unemployment
A+
Affordability
4.6 / 5.0
$158,300 home value
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher
Median Income $42,500
43% lower than US avg
Home Value $158,300
44% lower than US avg
Bachelor's+ 16.7%
50% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 13.8%
11% higher than US avg

How Florence Compares to the U.S. Average (100% = U.S. avg)

People

Population29
Median Age29.9 yrs
Density264/mi²
Male / Female45% / 55%
Largest GroupWhite 100%
Veterans18.0%

Economy

B
Median Income$42,500
Per Capita$15,317
Unemployment0.0%
Poverty13.8%
County GDP$588M
Commute26 min

Housing

A+
Home Value$158,300
RentN/A
OwnershipN/A
Housing Units5
Rent Burden22.7%

Climate

Avg Temp44°F (7°C)
AQI36 (Good)
Rain28.6 in/yr
Sunny Days276/yr
Elevation1,734 ft (529 m)

Education

C
Bachelor's+16.7%
High School+72.2%
Graduate+0.0%
School Score6.08

Community

2024 VoteR 68% / D 30%
Commute26 min
Broadband8.0%
Libraries4

Is Florence a Good Place to Live?

Based on current data, Florence receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include low unemployment, affordable housing, abundant sunshine. Areas to be aware of include below-average incomes. Florence offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Florence is $42,500, 43% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. 13.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 26 minutes.

Cost of Living & Housing

The median home value in Florence is $158,300, 44% below the national median — offering relatively affordable homeownership. A price-to-income ratio of 3.7x indicates a reasonably affordable housing market.

Education

16.7% of residents hold a bachelor's degree, below the national average of 33.7%. 72.2% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Florence has a cool climate with an average annual temperature of 44°F. Winters average 14°F in January while summers reach 72°F in July. With 276 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 28.6 inches, including 39.6 inches of snow. Air quality is rated Good with a median AQI of 36.

Florence has a population of 29 with a density of 264 people per square mile. The median age is 29.9 years, 23% younger than the national median of 38.9. The city is predominantly White (100%).

Population

29
Total Population
264
People / sq mi
29.9yrs
Median Age
23% below US avg
0.1mi²
Land Area

Gender Distribution

Male 44.8%
Female 55.2%

Race & Ethnicity

Florence vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Florence vs U.S. Average

The median household income in Florence is $42,500, which is 43% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 13.8% of residents live below the poverty line. Workers commute an average of 26 minutes.

Income: Florence vs U.S.

Commute Mode

Income

Median HH Income$42,500
43% below US avg
Per Capita Income$15,317
Avg Weekly Wage$872
IRS Avg AGI$72,484

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate13.8%
11% above US avg
Establishments (County)226
County GDP$588M

Business (County)

Restaurants10
Healthcare21
Retail30
Manufacturing6

Tax & Cost of Living

Property Tax (IRS)$2,614
25% below US avg
Cost of Living98.60 (100=avg)
Effective Tax Rate1.65%

Commute & Transportation

Commute Time26.1 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Florence is $158,300, 44% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$158,300
44% below US avg

Real Estate Market (Redfin)

Rental Costs

Rent Burden22.7%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied75.0%
Housing Units5
Median Year Built1955

Property Tax

Avg Tax (IRS)$2,614
25% below US avg
Effective Rate1.65%
Florence has an average annual temperature of 44°F (7°C). Winters average 14°F in January while summers reach 72°F in July. Annual precipitation is 28.6 inches. The area enjoys 276 sunny days per year. Air quality is rated Good with a median AQI of 36.

Temperature

14°F Jan (-10°C) 72°F Jul (22°C)
Annual Average44.4°F
18% below US avg
January Average14°F (-10°C)
July Average72°F (22°C)
Sunny Days276 days/yr

Precipitation & Snow

Annual Rainfall28.6 inches
25% below US avg
Snowfall39.6 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,734 ft (529 m)
Area0.1 sq mi (0.3 km²)
Population Density264/sq mi
Coordinates44.2372°N, 96.0519°W
TimezoneAmerica/Chicago
CountyLincoln County County
County FIPS27081
Florence is located in Lincoln County County. It is classified as Nonmetro — Rural. 16.7% of residents hold a bachelor's degree or higher (50% below US avg). In the 2024 election, the county voted Republican by a 37.8-point margin. 8.0% of households have broadband internet.

2024 Presidential Election (County)

R 67.9%
D 30.1%

Winner: Republican by 37.8 points

Education

Bachelor's Degree+16.7%
50% below US avg
High School+72.2%
Graduate Degree+0.0%
School Test Score6.08
C Education Grade (2.3/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density264/sq mi
Total Area0.1 sq mi
CountyLincoln County County

Infrastructure & Services

Broadband Access8.0%
Public Libraries4
Healthcare Facilities21
Restaurants10
Retail Stores30

Safety & Disasters

Fatal Crashes (County/yr)2

Commute & Transportation

Avg Commute26.1 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

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