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ZipNumbers

Colorado · Census place 27040

Florence city, CO

Quick answer

Florence city has 3,870 residents, ranking #130 of 482 places in Colorado. Median household income is $57,239, the median home is worth $228,300 and median gross rent runs $694 a month.

Population
3,870Florence city residents
Median household income
$57,239Past 12 months, inflation adjusted
Median home value
$228,300Owner-occupied units
Median gross rent
$694Rent plus utilities, monthly
Median age
43.3 yrsAll residents
Homeownership rate
68.4%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 14.5% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15% of residents and 68.4% 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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