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Florence, NJ

Full City Profile · New Jersey · Mercer County County

3.3 /5.0
B Good
5,027 Population 4,022/sq mi density
$99,020 Median Income $37,990 per capita
$270,100 Home Value $304,501 Zillow
$1,247 Median Rent 34.4% income on rent
53°F Avg Temperature 275 sunny days/yr
437 Violent Crime/100K 1,810 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$99,020 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$270,100 home value, $1,247/mo rent
F
Safety
1.0 / 5.0
437 violent crimes/100K (15% above avg)
C+
Education
2.6 / 5.0
20.4% bachelor's degree or higher

Florence, NJ

At a Glance

Median Income
$99,020
32% above
$37,990 per capita
Home Value
$270,100
4% below
Zillow: $304,501
Median Rent
$1,247/mo
7% above
34.4% of income on rent
Violent Crime
437/100K
15% above
1,810/100K property
Bachelor's Degree+
20.4%
39% below
85.6% high school+
Unemployment
5.2%
44% above
2.0% poverty rate
Obesity Rate
32.0%
0% below
14.9% smoking rate
Avg Temperature
53°F
275 sunny days/yr

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
132%
Home Value
96%
Rent
107%
Poverty
16%
Bachelor's
61%
Unemployment
144%
Crime
115%
Thin vertical line = U.S. national average (100%)

Is Florence a Good Place to Live?

B
3.3 / 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 $99,020 , which is 32% above the national average of $75,149. Per capita income is $37,990. The unemployment rate stands at 5.2% (44% above the U.S. rate of 3.6%). 2.0% of residents live below the poverty line. The area is home to 11,677 business establishments, including 877 restaurants.

Housing & Cost of Living

The median home value in Florence is $270,100 , 4% below the national median of $281,900. Zillow estimates the typical home at $304,501. Median rent is $1,247/month, with 34.4% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1966.

Safety & Crime

Florence reports 437 violent crimes per 100,000 residents , which is 15% above the national average of 380/100K. Property crime is 1,810/100K.

Education

20.4% of adults in Florence hold a bachelor's degree or higher (39% below the national average). 85.6% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Florence has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 76°F in July. The area gets 275 sunny days per year. Annual precipitation totals 45.9 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population5,027
Median Age38.7 yrs
Density4,022/mi²
Male / Female52% / 48%
Foreign Born13.6%
Veterans7.5%

Economy

A+
Median Income$99,020
Per Capita$37,990
Unemployment5.2%
Poverty2.0%
County GDP$56,807M
Avg Weekly Wage$1,740

Housing

A+
Home Value$270,100
Rent$1,247
Ownership65.3%
Zillow$304,501
Housing Units1,856
Rent Burden34.4%

Crime

F
Violent437/100K
Property1,810/100K

Health

Obesity32.0%
Diabetes9.9%
Smoking14.9%
Heart Disease5.2%
Premature Death7,664/100K

Climate

Avg Temp53°F
Sunny Days275/yr
Rain45.9 in/yr
AQI39 (Good)
Elevation24 ft

Education

C+
Bachelor's+20.4%
High School+85.6%
Graduate+5.1%
School Score6.0/10

Community

2024 VoteR 32% / D 66%
Commute28 min
Broadband93.8%
Internet Speed172 Mbps
EV Stations17
Libraries14

Did You Know?

The median home in Florence was built in 1966.
The nearest airport is South Jersey Regional (12 miles).
The Gini coefficient (income inequality) is 0.502 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
13.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 172 Mbps.
There are 877 restaurants in the area.
The county recorded 26 fatal vehicle crashes.