Florence, MT

Full City Profile · Montana · Ravalli County County

3.9 /5.0
B+ Good
993 Population 1,290/sq mi density
$97,850 Median Income $41,036 per capita
$460,000 Home Value $658,282 Zillow
$694 Median Rent 33.1% income on rent
46°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$97,850 median income, 9.7% unemployment
A
Affordability
4.0 / 5.0
$460,000 home value, $694/mo rent
B+
Education
3.8 / 5.0
35.0% bachelor's degree or higher

Florence, MT

At a Glance

Median Income
$97,850
30% above
$41,036 per capita
Home Value
$460,000
63% above
Zillow: $658,282
Median Rent
$694/mo
40% below
33.1% of income on rent
Bachelor's Degree+
35.0%
4% above
98.8% high school+
Unemployment
9.7%
169% above
4.9% poverty rate
Obesity Rate
32.2%
0% below
13.1% smoking rate
Avg Temperature
46°F

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)

Income
130%
Home Value
163%
Rent
60%
Poverty
40%
Bachelor's
104%
Unemployment
269%
Thin vertical line = U.S. national average (100%)

Is Florence a Good Place to Live?

B+
3.9 / 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 $97,850 , which is 30% above the national average of $75,149. Per capita income is $41,036. The unemployment rate stands at 9.7% (169% above the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 2,394 business establishments, including 96 restaurants.

Housing & Cost of Living

The median home value in Florence is $460,000 , 63% above the national median of $281,900. Zillow estimates the typical home at $658,282. Median rent is $694/month, with 33.1% of renters spending more than 30% of income on housing. The cost of living index is 94.6 (100 = national average). The median home was built in 1987.

Education

35.0% of adults in Florence hold a bachelor's degree or higher (4% above the national average). 98.8% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Florence has an average annual temperature of 46°F (8°C). Winters average 27°F in January while summers reach 67°F in July. Annual precipitation totals 12.4 inches.

Data Overview

People

Population993
Median Age53.8 yrs
Density1,290/mi²
Male / Female49% / 52%
Foreign Born0.0%
Veterans18.4%

Economy

B+
Median Income$97,850
Per Capita$41,036
Unemployment9.7%
Poverty4.9%
County GDP$1,926M
Avg Weekly Wage$1,019

Housing

A
Home Value$460,000
Rent$694
Ownership82.6%
Zillow$658,282
Housing Units508
Rent Burden33.1%

Health

Obesity32.2%
Diabetes7.5%
Smoking13.1%
Heart Disease5.1%
Premature Death6,195/100K

Climate

Avg Temp46°F
Rain12.4 in/yr
Elevation3,285 ft

Education

B+
Bachelor's+35.0%
High School+98.8%
Graduate+4.0%
School Score6.0/10

Community

2024 VoteR 69% / D 28%
Commute45 min
Broadband95.4%
Internet Speed64 Mbps
EV Stations21
Libraries3

Did You Know?

The median home in Florence was built in 1987.
The nearest airport is Missoula Montana (19 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
14.4% of the population has a disability.
The county recorded 4 fatal vehicle crashes.
273 declared natural disasters on record.