At a Glance
Median Income
$42,500
$15,317 per capita
Home Value
$158,300
Zillow: $121,757
Bachelor's Degree+
16.7%
72.2% high school+
Unemployment
0.0%
0.0% poverty rate
Obesity Rate
39.5%
17.5% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Florence a Good Place to Live?
B+
3.6 / 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 $42,500 , which is 43% below the national average of $75,149.
Per capita income is $15,317. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 226 business establishments, including 10 restaurants.
Housing & Cost of Living
The median home value in Florence is $158,300 , 44% below the national median of $281,900.
Zillow estimates the typical home at $121,757. The cost of living index is 98.6 (100 = national average). The median home was built in 1955.
Education
16.7% of adults in Florence hold a bachelor's degree or higher
(50% below the national average).
72.2% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Florence has an average annual temperature of 43°F (6°C).
Winters average 13°F in January while summers reach 71°F in July. Annual precipitation totals 29.9 inches.
Data Overview
People
Population29
Median Age29.9 yrs
Density264/mi²
Male / Female45% / 55%
Foreign Born0.0%
Veterans0.0%
Economy
B+
Median Income$42,500
Per Capita$15,317
Unemployment0.0%
Poverty0.0%
County GDP$588M
Avg Weekly Wage$872
Housing
A+
Home Value$158,300
Rent
Ownership75.0%
Zillow$121,757
Housing Units5
Rent Burden22.7%
Health
Obesity39.5%
Diabetes10.2%
Smoking17.5%
Heart Disease5.8%
Premature Death6,358/100K
Climate
Avg Temp43°F
Rain29.9 in/yr
Elevation1,734 ft
Education
C
Bachelor's+16.7%
High School+72.2%
Graduate+0.0%
School Score6.4/10
Community
2024 VoteR 68% / D 30%
Broadband100.0%
Internet Speed53 Mbps
EV Stations1
Libraries4
Did You Know?
The median home in Florence was built in 1955.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (19 miles).
The Gini coefficient (income inequality) is 0.440 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
44.8% of the population has a disability.
The county recorded 2 fatal vehicle crashes.