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ZipNumbers

South Dakota · Census place 21820

Florence town, SD

Quick answer

Florence town has 289 residents, ranking #201 of 485 places in South Dakota. Median household income is $69,531, the median home is worth $137,500 and median gross rent runs $388 a month.

Population
289Florence town residents
Median household income
$69,531Past 12 months, inflation adjusted
Median home value
$137,500Owner-occupied units
Median gross rent
$388Rent plus utilities, monthly
Median age
41.7 yrsAll residents
Homeownership rate
90.6%Owner-occupied households

What the numbers mean in Florence town

Housing cost measured against local earnings.

A household earning the Florence town median would spend about 6.7% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.3% of residents and 90.6% 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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