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The total population of Florence is estimated to be 4,596 with 2,361 males (51.37%) and 2,235 females (48.63%). There are 126 less females than males in Florence.
The median household income in Florence was $90,998 in 2021, which marked an an increase of 10,648(13.25%) from $80,350 in 2020. This income is 121.97% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Florence sees its highest median household income among householders in the age group of 45 to 64 years old, at $104,356. Overall, the median household income for the town of Florence stands at $90,998.
In Florence, the median income for all workers aged 15 years and older, regardless of work hours, was $56,304 for males and $25,956 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,175 for males and $47,008 for females.
In Florence, there are just two different racial groups among households. Among these, White households report a median household income of $92,085, while Black or African American households have a median household income of $77,140.
In 2022, the population of Florence was 4,704, a 1.44% increase year-by-year from 2021. Previously, in 2021, Florence's population was 4,637, an increase of 1.20% compared to a population of 4,582 in 2020.
The median age in Florence, MS is 37.0, as per 2021 ACS 5-Year Estimates. Of the total population, 26.55% were under the age of 15, 14.81% aged 15 to 29, 46.79% aged 30 to 64, 10.81% aged 65 to 84, and 1.04% were 85 years of age and older.
Racial distribution of Florence population: 95.76% are White, 4.22% are Black or African American and 0.02% are multiracial.