Living in Florence, New Jersey
Cost of living, income, home prices, rent and demographics of Florence · Census data 2020–2024
Florence has 12,935 residents with a median age of 40.8. The median household income is $105,631 (about the same as the New Jersey median), the median home value is $314,200, the median rent is $1,407/month.
Florence at a glance
- Population
- 12,935
- Median age
- 40.8State: 40.1
- Median household income
- $105,631State: $103,556
- Median home value
- $314,200State: $454,400
- Median rent
- $1,407/moState: $1,720
- Homeowners
- 82.2%
- Bachelor's degree or higher
- 30.2%
- Average commute
- 29 min
Is Florence a good place to live?
Pros: Median household income about the same as the New Jersey median; home values 31% lower than the state median; an average commute of 29 minutes; unemployment of 4.8%; a poverty rate of 5.7%.
The weather is best in May–June and August–September.
Cost of living in Florence
Housing is the biggest part of the cost of living. In Florence the median home value is $314,200, 6% lower than the U.S. median. Renters pay a median of $1,407 per month, which is 30.5% of household income. Homeowners with a mortgage pay $2,022 a month in housing costs.
Florence median household income
The median household income in Florence is $105,631 and the income per person is $49,277. 5.7% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Florence: homes for sale and rent
- Housing units
- 5,076
- Owner-occupied
- 82.2%
- Renter-occupied
- 17.8%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.65
Florence demographics
- Population
- 12,935
- Median age
- 40.8
- Under 18
- 24.1%
- 65 and older
- 20.4%
- Households
- 4,869
- Foreign-born
- 12.7%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Florence ›
Education in Florence
30.2% of adults 25 and older in Florence have a bachelor's degree or higher (New Jersey: 43.6%), and 9% have a graduate or professional degree.
Jobs and commute in Florence
- Unemployment rate
- 4.8%State: 6.3%
- Average commute
- 29 minState: 31 min
- Work from home
- 13.2%
- Drive alone
- 74.8%
- Public transit
- 1.1%
- Walk to work
- 0.9%
- Homes with broadband
- 96.5%
Florence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Florence | 12,935 | $105,631 | $314,200 | $1,407 |
| Roebling | 3,452 | $88,750 | $198,200 | $1,818 |
| Tullytown | 2,358 | $65,185 | $346,700 | $1,325 |
| Bristol | 9,902 | $76,042 | $271,100 | $1,409 |
| Burlington | 9,993 | $84,813 | $239,000 | $1,631 |
| Fieldsboro | 649 | $91,500 | $350,000 | $2,231 |
| Mansfield | 8,974 | $115,595 | $413,900 | $2,213 |
| Levittown | 50,926 | $105,071 | $341,300 | $1,556 |
| Westampton | 9,198 | $126,312 | $361,900 | $1,360 |
More for people moving to Florence
Florence ZIP code ›Weather and climate ›Living in Florence: FAQ
What is the median household income in Florence, NJ?
The median household income in Florence is $105,631, about the same as the New Jersey median of $103,556 (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 $314,200, compared with $454,400 in New Jersey.
How much is rent in Florence?
The median gross rent in Florence is $1,407 per month, about 30.5% of household income.
Is Florence, NJ a good place to live?
Pluses: median household income about the same as the New Jersey median; home values 31% lower than the state median; an average commute of 29 minutes; unemployment of 4.8%; a poverty rate of 5.7%.
What is the median age in Florence?
The median age in Florence is 40.8 years (New Jersey: 40.1).
How long is the commute in Florence?
The average commute to work in Florence is 29 minutes; 13.2% of workers work from home.
What is the unemployment rate in Florence?
The unemployment rate in Florence is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Florence?
30.2% 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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