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Florence, MT

Full City Profile · Montana · Ravalli County County

3.3 /5.0
B Good
993 Population 1,290/sq mi density
$97,850 Median Income $41,036 per capita
$460,000 Home Value $635,595 Zillow
$694 Median Rent 33.1% income on rent
46°F Avg Temperature 273 sunny days/yr
106 Violent Crime/100K 1,953 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$97,850 median income, 6.2% unemployment
A
Affordability
4.0 / 5.0
$460,000 home value, $694/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B+
Education
3.8 / 5.0
35.0% bachelor's degree or higher

Income Overview

Median Household Income
$97,850
30% above
US avg: $75,149
Per Capita Income
$41,036
5% above
US avg: $39,052
Unemployment Rate
6.2%
72% above
US avg: 3.6%
Poverty Rate
4.9%
60% below
US avg: 12.4%

Income Comparison: Florence vs. U.S. Average

Each bar shows Florence’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$97,850
130%
Per Capita
US: $39,052
$41,036
105%
IRS Avg AGI
US: $72,000
$80,548
112%
Avg Weekly Wage
US: $1,432
$1,019
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,019
29% below US avg ($1,432)
Mean Commute Time
45 min
63% above US avg (28 min)
Work From Home
14.7%
3% below US avg (15.2%)
Drive Alone
77.1%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,926M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.1%
Public Transit 0%
Work From Home 14.7%
Other 8.2%
Average commute time
45 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,394
Restaurants
96
Healthcare
155
Retail
167
Manufacturing
94

Tax & Financial

IRS Avg Adjusted Gross Income
$80,548
12% above US avg ($72,000)
Avg Property Tax
$4,266
22% above US avg ($3,500)
Cost of Living Index
94.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$97,850
Per Capita Income$41,036
IRS Avg Adjusted Gross Income$80,548
Avg Weekly Wage$1,019
County GDP$1,926M

Hardship Indicators

Unemployment Rate6.2%
Poverty Rate4.9%
Gini Coefficient0.453
Cost of Living Index94.6

Commute

Mean Commute45 minutes
Drive Alone77.1%
Public Transit0.0%
Work From Home14.7%

Businesses

Total Establishments2,394
Restaurants96
Healthcare155
Retail167
Manufacturing94

Tax

IRS Avg AGI$80,548
Avg Property Tax$4,266