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Florence, SD

Full City Profile · South Dakota · Day County County

2.9 /5.0
C+ Fair
289 Population 419/sq mi density
$69,531 Median Income $32,685 per capita
$137,500 Home Value $503,980 Zillow
$388 Median Rent 17.5% income on rent
43°F Avg Temperature 276 sunny days/yr
262 Violent Crime/100K 2,215 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$69,531 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$137,500 home value, $388/mo rent
F
Safety
1.0 / 5.0
262 violent crimes/100K
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher

Housing Overview

Median Home Value
$137,500
51% below
US avg: $281,900
Median Rent
$388/mo
67% below
US avg: $1,163/mo
Homeownership Rate
90.6%
39% above US avg (65.4%)
Total Housing Units
148
Median year built: 1991

Home Value by Source

Census Median
$137,500
Zillow (ZHVI)
$503,980
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.6%
Owner-Occupied
9.4%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent: $388/mo

Affordability & Housing Stock

Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
90.6%

Complete Housing Data

Home Values

Census Median Value$137,500
Zillow Home Value (ZHVI)$503,980

Rent

Census Median Rent$388
FMR Studio$691
FMR 1-Bedroom$784
FMR 2-Bedroom$990
FMR 3-Bedroom$1,295
FMR 4-Bedroom$1,540

Market

Ownership & Stock

Owner-Occupied90.6%
Renter-Occupied9.4%
Homeownership Rate90.6%
Total Housing Units148
Median Year Built1991
Rent Burden17.5%