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Florence has a population of approximately 39,816 and experiences a population change rate of 31.63%. The population density is 1,789.4 / sq mi .
The median household income for Florence is $52,425, with 16,412 households and an average household size of 2.39.
The median value of a home in Florence is $197,600 with an appreciation rate of 21.90%. 50.19% of housing in the state is owned while 36.13% is rented.
The cost of living in Florence is 87.9 %.
The unemployment rate in Florence is 2.60%, and recent job growth is at 3.14%. Future job growth is projected at 38.46%.
The sales tax rate in Florence is 8.00%, while the income tax rate is 7.00% .
School expenditures in Florence are $13,868, and the school ratio is 13.3:1.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 33.2 degrees. The average rainfall is approximately 45.2 inches per year, with 0.8 inches of snow per year.