Living in Florence, Texas
Cost of living, income, home prices, rent and demographics of Florence · Census data 2020–2024
Florence has 1,061 residents with a median age of 34.7. The median household income is $78,750 (about the same as the Texas median), the median home value is $239,100, the median rent is $1,018/month.
Florence is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Florence at a glance
- Population
- 1,061
- Median age
- 34.7State: 35.6
- Median household income
- $78,750State: $78,476
- Median home value
- $239,100State: $283,800
- Median rent
- $1,018/moState: $1,403
- Homeowners
- 76.6%
- Bachelor's degree or higher
- 21.6%
- Average commute
- 37 min
Is Florence a good place to live?
Pros: Median household income about the same as the Texas median; home values 16% lower than the state median; unemployment of 5%.
Cons: An average commute of 37 minutes; a poverty rate of 14.7%.
The weather is best in March–April 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 $239,100, 28% lower than the U.S. median. Renters pay a median of $1,018 per month, which is 38.4% of household income. Homeowners with a mortgage pay $1,920 a month in housing costs.
Florence median household income
The median household income in Florence is $78,750 and the income per person is $31,997. 14.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Florence: homes for sale and rent
- Housing units
- 349
- Owner-occupied
- 76.6%
- Renter-occupied
- 23.4%
- Vacant
- 3.2%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 3.14
Florence demographics
- Population
- 1,061
- Median age
- 34.7
- Under 18
- 19.7%
- 65 and older
- 12.5%
- Households
- 338
- Foreign-born
- 18.7%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Florence ›
Education in Florence
21.6% of adults 25 and older in Florence have a bachelor's degree or higher (Texas: 33.8%), and 5.7% have a graduate or professional degree.
Jobs and commute in Florence
- Unemployment rate
- 5%State: 5.3%
- Average commute
- 37 minState: 27 min
- Work from home
- 1.9%
- Drive alone
- 80.2%
- Public transit
- 0%
- Walk to work
- 7.3%
- Homes with broadband
- 97%
Florence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Florence | 1,061 | $78,750 | $239,100 | $1,018 |
| Serenada | 1,444 | $154,653 | $480,100 | — |
| Jarrell | 3,295 | $111,333 | $346,300 | $1,868 |
| Sonterra | 10,563 | $92,319 | $273,600 | $1,854 |
| Santa Rita Ranch | 6,586 | $160,592 | $515,700 | $2,701 |
| Georgetown | 85,999 | $95,062 | $429,100 | $1,795 |
| Liberty Hill | 8,371 | $115,096 | $403,200 | $1,508 |
| Killeen | 158,159 | $60,977 | $215,400 | $1,208 |
| Harker Heights | 34,128 | $81,190 | $287,800 | $1,146 |
More for people moving to Florence
Florence ZIP code ›Weather and climate ›Living in Florence: FAQ
What is the median household income in Florence, TX?
The median household income in Florence is $78,750, about the same as the Texas median of $78,476 (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 $239,100, compared with $283,800 in Texas.
How much is rent in Florence?
The median gross rent in Florence is $1,018 per month, about 38.4% of household income.
Is Florence, TX a good place to live?
Pluses: median household income about the same as the Texas median; home values 16% lower than the state median; unemployment of 5%. Minuses: an average commute of 37 minutes; a poverty rate of 14.7%.
What is the median age in Florence?
The median age in Florence is 34.7 years (Texas: 35.6).
How long is the commute in Florence?
The average commute to work in Florence is 37 minutes; 1.9% of workers work from home.
What is the unemployment rate in Florence?
The unemployment rate in Florence is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Florence?
21.6% 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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