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The total population of New Florence is estimated to be 750 with 372 males (49.60%) and 378 females (50.40%). There are 6 more females than males in New Florence.
The median household income in New Florence was $52,071 in 2021, which marked an an increase of 4,479(9.41%) from $47,592 in 2020. This income is 69.79% 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, New Florence sees its highest median household income among householders in the age group of 25 to 44 years old, at $57,607. Overall, the median household income for the city of New Florence stands at $52,071.
In New Florence, the median income for all workers aged 15 years and older, regardless of work hours, was $38,863 for males and $18,286 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,548 for males and $34,792 for females.
In New Florence, population is primarily represented by White households, reporting a median income of $50,668.
In 2022, the population of New Florence was 645, a 0.16% increase year-by-year from 2021. Previously, in 2021, New Florence's population was 644, an increase of 0.94% compared to a population of 638 in 2020.
The median age in New Florence, MO is 41.3, as per 2021 ACS 5-Year Estimates. Of the total population, 19.79% were under the age of 15, 15.37% aged 15 to 29, 48.31% aged 30 to 64, 12.69% aged 65 to 84, and 3.84% were 85 years of age and older.
Racial distribution of New Florence population: 93.25% are White, 0.12% are Black or African American, 5.12% are some other race and 1.51% are multiracial.