All Countries
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
Income Overview
Median Household Income
$99,020
32% above
US avg: $75,149
Per Capita Income
$37,990
3% below
US avg: $39,052
Unemployment Rate
5.2%
44% above
US avg: 3.6%
Poverty Rate
2.0%
84% 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
$99,020
132%
Per Capita
US: $39,052
$37,990
97%
IRS Avg AGI
US: $72,000
$114,994
160%
Avg Weekly Wage
US: $1,432
$1,740
122%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,740
22% above US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
5.8%
62% below US avg (15.2%)
Drive Alone
78.6%
7% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$56,807M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78.6%
Public Transit
0%
Work From Home
5.8%
Other
15.6%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,677
Restaurants
877
Healthcare
1,221
Retail
1,189
Manufacturing
228
Tax & Financial
IRS Avg Adjusted Gross Income
$114,994
60% above US avg ($72,000)
Avg Property Tax
$13,072
273% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $99,020 |
| Per Capita Income | $37,990 |
| IRS Avg Adjusted Gross Income | $114,994 |
| Avg Weekly Wage | $1,740 |
| County GDP | $56,807M |
Hardship Indicators
| Unemployment Rate | 5.2% |
| Poverty Rate | 2.0% |
| Gini Coefficient | 0.502 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 78.6% |
| Public Transit | 0.0% |
| Work From Home | 5.8% |
Businesses
| Total Establishments | 11,677 |
| Restaurants | 877 |
| Healthcare | 1,221 |
| Retail | 1,189 |
| Manufacturing | 228 |
Tax
| IRS Avg AGI | $114,994 |
| Avg Property Tax | $13,072 |