Florence, MS
Full City Profile · Mississippi · Hinds County County
3.2
/5.0
B
Good
4,647
Population
574/sq mi density
$86,406
Median Income
$31,169 per capita
$207,400
Home Value
$247,045 Zillow
$1,037
Median Rent
51.0% income on rent
65°F
Avg Temperature
304 sunny days/yr
67
Violent Crime/100K
267 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$86,406 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$207,400 home value, $1,037/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher
Housing Overview
Median Home Value
$207,400
26% below
US avg: $281,900
Median Rent
$1,037/mo
11% below
US avg: $1,163/mo
Homeownership Rate
71.0%
9% above US avg (65.4%)
Total Housing Units
2,012
Median year built: 1993
Home Value by Source
Census Median
$207,400
Zillow (ZHVI)
$247,045
Median Sale Price
$345,250
Median List Price
$244,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.0%
Owner-Occupied
29.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent:
$1,037/mo
Market Indicators (Redfin)
Median Days on Market
525 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$156
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
71.0%
Complete Housing Data
Home Values
| Census Median Value | $207,400 |
| Zillow Home Value (ZHVI) | $247,045 |
| Median Sale Price | $345,250 |
| Median List Price | $244,900 |
| Price Per Sq Ft | $156 |
Rent
| Census Median Rent | $1,037 |
| FMR Studio | $751 |
| FMR 1-Bedroom | $782 |
| FMR 2-Bedroom | $924 |
| FMR 3-Bedroom | $1,177 |
| FMR 4-Bedroom | $1,295 |
Market
| Days on Market | 525 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.3% |
| Homes Sold | 2 |
| Active Inventory | 11 |
| Price Per Sq Ft | $156 |
Ownership & Stock
| Owner-Occupied | 71.0% |
| Renter-Occupied | 29.0% |
| Homeownership Rate | 71.0% |
| Total Housing Units | 2,012 |
| Median Year Built | 1993 |
| Rent Burden | 51.0% |
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