At a Glance
Median Income
$35,733
$21,924 per capita
Home Value
$31,900
Zillow: $234,390
Bachelor's Degree+
25.2%
78.3% high school+
Unemployment
18.3%
11.5% poverty rate
Obesity Rate
38.4%
16.8% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Florence a Good Place to Live?
B
3.4 / 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 $35,733 , which is 52% below the national average of $75,149.
Per capita income is $21,924. The unemployment rate stands at 18.3% (408% above the U.S. rate of 3.6%). 11.5% of residents live below the poverty line. The area is home to 137 business establishments, including 22 restaurants.
Housing & Cost of Living
The median home value in Florence is $31,900 , 89% below the national median of $281,900.
Zillow estimates the typical home at $234,390. The cost of living index is 94.1 (100 = national average). The median home was built in 1953.
Education
25.2% of adults in Florence hold a bachelor's degree or higher
(25% below the national average).
78.3% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Florence has an average annual temperature of 40°F (5°C).
Winters average 13°F in January while summers reach 66°F in July. Annual precipitation totals 30.4 inches.
Data Overview
People
Population391
Median Age55.8 yrs
Density144/mi²
Male / Female48% / 52%
Foreign Born1.0%
Veterans11.6%
Economy
C
Median Income$35,733
Per Capita$21,924
Unemployment18.3%
Poverty11.5%
County GDP$172M
Avg Weekly Wage$698
Housing
A+
Home Value$31,900
Rent
Ownership69.8%
Zillow$234,390
Housing Units303
Rent Burden28.4%
Health
Obesity38.4%
Diabetes9.9%
Smoking16.8%
Heart Disease5.8%
Premature Death7,123/100K
Climate
Avg Temp40°F
Rain30.4 in/yr
Elevation1,298 ft
Education
B
Bachelor's+25.2%
High School+78.3%
Graduate+5.1%
School Score5.7/10
Community
2024 VoteR 75% / D 25%
Commute7 min
Broadband71.4%
Internet Speed75 Mbps
Libraries1
Did You Know?
The median home in Florence was built in 1953.
The nearest airport is Marquette/Sawyer Regional (48 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
26.7% of the population has a disability.
The county recorded 2 fatal vehicle crashes.