Kentucky · Census place 27982
Florence city, KY
Quick answer
Florence city has 32,334 residents, ranking #8 of 554 places in Kentucky. Median household income is $68,508, the median home is worth $196,200 and median gross rent runs $1,199 a month.
- Population
- 32,334Florence city residents
- Median household income
- $68,508Past 12 months, inflation adjusted
- Median home value
- $196,200Owner-occupied units
- Median gross rent
- $1,199Rent plus utilities, monthly
- Median age
- 40.5 yrsAll residents
- Homeownership rate
- 59.3%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 21% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.7% of residents and 59.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Covington city 40,902
- Georgetown city 38,206
- Richmond city 35,498
- Elizabethtown city 31,870
- Nicholasville city 31,625
- Hopkinsville city 31,011
- Independence city 29,024
Keep going
More Kentucky coverage.