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ZipNumbers

Alabama · Census place 26896

Florence city, AL

Quick answer

Florence city has 41,231 residents, ranking #11 of 593 places in Alabama. Median household income is $50,396, the median home is worth $174,100 and median gross rent runs $784 a month.

Population
41,231Florence city residents
Median household income
$50,396Past 12 months, inflation adjusted
Median home value
$174,100Owner-occupied units
Median gross rent
$784Rent plus utilities, monthly
Median age
35.1 yrsAll residents
Homeownership rate
50.5%Owner-occupied households

What the numbers mean in Florence city

Housing cost measured against local earnings.

A household earning the Florence city median would spend about 18.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.3% of residents and 50.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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