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ZipNumbers

New Jersey · Census place 23820

Florence CDP, NJ

Quick answer

Florence CDP has 5,027 residents, ranking #291 of 700 places in New Jersey. Median household income is $99,020, the median home is worth $270,100 and median gross rent runs $1,247 a month.

Population
5,027Florence CDP residents
Median household income
$99,020Past 12 months, inflation adjusted
Median home value
$270,100Owner-occupied units
Median gross rent
$1,247Rent plus utilities, monthly
Median age
38.7 yrsAll residents
Homeownership rate
65.3%Owner-occupied households

What the numbers mean in Florence CDP

Housing cost measured against local earnings.

A household earning the Florence CDP median would spend about 15.1% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 65.3% 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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