Living in Florence, Illinois
Cost of living, income, home prices, rent and demographics of Florence · Census data 2020–2024
Florence has 14 residents with a median age of 70.5. The median household income is $28,333 (66% lower than the Illinois median), the median home value is $75,000.
Florence is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Florence at a glance
- Population
- 14
- Median age
- 70.5State: 39
- Median household income
- $28,333State: $83,390
- Median home value
- $75,000State: $263,300
- Homeowners
- 80%
- Bachelor's degree or higher
- 0%
Is Florence a good place to live?
Pros: Home values 72% lower than the state median.
Cons: Median household income 66% lower than the Illinois median.
The weather is best in May and July to September.
Cost of living in Florence
Housing is the biggest part of the cost of living. In Florence the median home value is $75,000, 77% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Florence median household income
The median household income in Florence is $28,333 and the income per person is $23,400. 0% of residents live below the poverty line (Illinois: 11.8%).
Housing in Florence: homes for sale and rent
- Housing units
- 25
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 60%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 1.40
60% of homes are vacant most of the year, a sign that Florence has many vacation and second homes.
Florence demographics
- Population
- 14
- Median age
- 70.5
- Under 18
- 0%
- 65 and older
- 78.6%
- Households
- 10
- Foreign-born
- 0%
- Veterans
- 28.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Florence ›
Education in Florence
0% of adults 25 and older in Florence have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Florence
- Unemployment rate
- 0%State: 5.8%
- Average commute
- —State: 28 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 50%
Florence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Florence | 14 | $28,333 | $75,000 | — |
| Milton | 217 | $50,769 | $71,300 | — |
| Griggsville | 1,310 | $36,667 | $86,200 | $541 |
| Winchester | 1,498 | $48,250 | $93,900 | $593 |
| Naples | 108 | $170,350 | $63,400 | — |
| Exeter | 106 | $61,250 | $95,000 | $750 |
| Glasgow | 179 | $57,083 | $61,000 | — |
| Bluffs | 531 | $69,250 | $73,600 | $700 |
| Alsey | 258 | $58,750 | $55,000 | $1,321 |
More for people moving to Florence
Florence ZIP code ›Weather and climate ›Living in Florence: FAQ
What is the median household income in Florence, IL?
The median household income in Florence is $28,333, 66% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Florence?
The median home value in Florence is $75,000, compared with $263,300 in Illinois.
Is Florence, IL a good place to live?
Pluses: home values 72% lower than the state median. Minuses: median household income 66% lower than the Illinois median.
What is the median age in Florence?
The median age in Florence is 70.5 years (Illinois: 39).
What is the unemployment rate in Florence?
The unemployment rate in Florence is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Florence?
0% of adults in Florence have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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