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ZipNumbers

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

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