All Countries
Florence, MN
Full City Profile · Minnesota · Lincoln County County
3.0
/5.0
B
Good
29
Population
264/sq mi density
$42,500
Median Income
$15,317 per capita
$158,300
Home Value
$121,757 Zillow
44°F
Avg Temperature
276 sunny days/yr
253
Violent Crime/100K
2,449 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$42,500 median income, 0.0% unemployment
A+
Affordability
4.6 / 5.0
$158,300 home value, /mo rent
F
Safety
1.0 / 5.0
253 violent crimes/100K
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher
Housing Overview
Median Home Value
$158,300
44% below
US avg: $281,900
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
5
Median year built: 1955
Home Value by Source
Census Median
$158,300
Zillow (ZHVI)
$121,757
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.0%
Owner-Occupied
25.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Affordability & Housing Stock
Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
75.0%
Complete Housing Data
Home Values
| Census Median Value | $158,300 |
| Zillow Home Value (ZHVI) | $121,757 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 75.0% |
| Renter-Occupied | 25.0% |
| Homeownership Rate | 75.0% |
| Total Housing Units | 5 |
| Median Year Built | 1955 |
| Rent Burden | 22.7% |