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ZipNumbers

Mississippi · Census place 24980

Florence city, MS

Quick answer

Florence city has 4,647 residents, ranking #74 of 427 places in Mississippi. Median household income is $86,406, the median home is worth $207,400 and median gross rent runs $1,037 a month.

Population
4,647Florence city residents
Median household income
$86,406Past 12 months, inflation adjusted
Median home value
$207,400Owner-occupied units
Median gross rent
$1,037Rent plus utilities, monthly
Median age
33.9 yrsAll residents
Homeownership rate
71%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 14.4% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.9% of residents and 71% 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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