Living in Florence, South Carolina
Cost of living, income, home prices, rent and demographics of Florence · Census data 2020–2024
Florence has 40,408 residents with a median age of 37.8. The median household income is $56,143 (19% lower than the South Carolina median), the median home value is $211,400, the median rent is $992/month.
Florence at a glance
- Population
- 40,408
- Median age
- 37.8State: 40.2
- Median household income
- $56,143State: $69,324
- Median home value
- $211,400State: $259,000
- Median rent
- $992/moState: $1,180
- Homeowners
- 58.4%
- Bachelor's degree or higher
- 30.4%
- Average commute
- 19 min
Is Florence a good place to live?
Pros: Home values 18% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 19% lower than the South Carolina median; unemployment of 5.4%; a poverty rate of 18.9%.
The weather is best in April–May and October–November.
Cost of living in Florence
Housing is the biggest part of the cost of living. In Florence the median home value is $211,400, 36% lower than the U.S. median. Renters pay a median of $992 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,368 a month in housing costs.
Florence median household income
The median household income in Florence is $56,143 and the income per person is $34,306. 18.9% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Florence: homes for sale and rent
- Housing units
- 19,110
- Owner-occupied
- 58.4%
- Renter-occupied
- 41.6%
- Vacant
- 14.1%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.42
Florence demographics
- Population
- 40,408
- Median age
- 37.8
- Under 18
- 24.9%
- 65 and older
- 17.8%
- Households
- 16,413
- Foreign-born
- 5.2%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Florence ›
Education in Florence
30.4% of adults 25 and older in Florence have a bachelor's degree or higher (South Carolina: 32.1%), and 13.5% have a graduate or professional degree.
Jobs and commute in Florence
- Unemployment rate
- 5.4%State: 4.9%
- Average commute
- 19 minState: 26 min
- Work from home
- 11%
- Drive alone
- 76.3%
- Public transit
- 0.9%
- Walk to work
- 0.7%
- Homes with broadband
- 86.3%
Florence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Florence | 40,408 | $56,143 | $211,400 | $992 |
| Quinby | 858 | $66,458 | $164,800 | $933 |
| Danwood | 392 | $100,278 | $168,200 | — |
| Timmonsville | 2,045 | $34,630 | $104,300 | $891 |
| Darlington | 6,120 | $33,952 | $172,300 | $840 |
| Coward | 853 | $35,375 | $154,700 | $883 |
| Lamar | 1,196 | $38,864 | $127,000 | $953 |
| Dovesville | 1,120 | $31,918 | $96,600 | $866 |
| Pamplico | 1,134 | $34,545 | $142,500 | $589 |
More for people moving to Florence
Florence ZIP code ›Weather and climate ›Living in Florence: FAQ
What is the median household income in Florence, SC?
The median household income in Florence is $56,143, 19% lower than the South Carolina median of $69,324 (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 $211,400, compared with $259,000 in South Carolina.
How much is rent in Florence?
The median gross rent in Florence is $992 per month, about 32.8% of household income.
Is Florence, SC a good place to live?
Pluses: home values 18% lower than the state median; an average commute of 19 minutes. Minuses: median household income 19% lower than the South Carolina median; unemployment of 5.4%; a poverty rate of 18.9%.
What is the median age in Florence?
The median age in Florence is 37.8 years (South Carolina: 40.2).
How long is the commute in Florence?
The average commute to work in Florence is 19 minutes; 11% of workers work from home.
What is the unemployment rate in Florence?
The unemployment rate in Florence is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Florence?
30.4% 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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