What is the median home price in Florence?

The median home price in Florence, Florence city, South Carolina is $175,700, which is 38% below the national average of 281,900 ($281,900).

Florence, Florence city, South Carolina has a violent crime rate of 6.2 per 1,000 residents, which is 72% above the national average. The national average is 3.6 per 1,000 residents. The property crime rate is 36.3 per 1,000 residents.

What is the median household income in Florence?

The median household income in Florence, Florence city, South Carolina is $56,031, which is 25% below the national average of 74,580 ($74,580).

What is the average rent in Florence?

The median rent in Florence, Florence city, South Carolina is $868 per month. The national average median rent is $1,163/month.

What is the air quality in Florence?

Florence, Florence city, South Carolina has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Florence?

The population of Florence, Florence city, South Carolina is approximately 39,931. The homeownership rate is 86.0% (national average: 65.9%).

What are the climate risks in Florence?

Florence, Florence city, South Carolina has an overall climate risk rating of "Relatively Low" with a risk score of 33.33. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Florence affordable?

Florence, Florence city, South Carolina has an affordability index of 189, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 13.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Florence?

The unemployment rate in Florence, Florence city, South Carolina is 4.8%. The national average unemployment rate is 3.7%. The poverty rate is 18.8% (national average: 12.4%).

Florence

Florence city, South Carolina

Affordable

About Florence

Florence, South Carolina, a city of nearly 40,000 residents, offers a refreshing alternative to the soaring costs of living you find in many parts of the country. Imagine owning a home for around $175,700, a figure that's practically a steal compared to the national median. This affordability translates into a more relaxed lifestyle, where your hard-earned dollars stretch further. While the median household income of $56,031 is a bit below the national average, the lower cost of living provides a comfortable standard of living, allowing residents to enjoy the city's charm and community spirit without the constant financial pressure.

From an investment perspective, Florence presents a compelling case. The housing market is stable, and the city is known for its welcoming atmosphere. Although I don't have the exact unemployment rate at my fingertips, the local economy supports a variety of industries. The city is a good fit for families, young professionals, and retirees seeking a friendly, affordable place to call home.

Florence, South Carolina at a Glance

Florence is a city in Florence city, South Carolina with a population of approximately 39,931. The median home value is $175,700 and the median household income is $56,031.. The violent crime rate is 6.2 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $868 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.