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MapMap ViewFlorence, IN 47020 has a population of approximately 1,034 and experiences a population change rate of -0.29%. The population density is 47.8 / sq mi .
The median household income for Florence, IN 47020 is $58,289, with 400 households and an average household size of 2.69.
The median value of a home in Florence, IN 47020 is $193,500 with an appreciation rate of 14.60%. 62.39% of housing in the state is owned while 23.08% is rented.
The cost of living in Florence, IN 47020 is 84.4 %.
The unemployment rate in Florence, IN 47020 is 2.60%, and recent job growth is at 0.06%. Future job growth is projected at 34.48%.
The sales tax rate in Florence, IN 47020 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Florence, IN 47020 are $11,157, and the school ratio is 15.6:1.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 45.4 inches per year, with 13.6 inches of snow per year.
