Florence, MN
Population 29 · Minnesota
About Florence, MN
Florence is a small community in Minnesota with a population of 29 residents. The median household income is $42,500 per year, which is below the national average. The median age in Florence is 29.9 years.
Housing in Florence has a median home value of $158,300 and median monthly rent of $0. Of the 13 total housing units, the majority are owner-occupied, with 6 owner-occupied and 2 renter-occupied units.
The unemployment rate in Florence is 0.0% and the poverty rate is 13.8%. 16.7% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Florence, MN
Compared to national averages, Florence has a median household income of $42,500 (43% below the national median of $75,149). Home values average $158,300, which is 35% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Florence's income is 43% below the state average of $74,221, and home values are 23% below the state median of $204,472.
Why Live in Florence, MN?
Florence offers affordable housing with a median home value of $158,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($42,500) that falls below the national average. However, Florence’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Florence has a population of 29 with a median age of 29.9 years. Compare Florence with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Florence
What is the population of Florence, MN?
The population of Florence, MN is 29 according to the latest Census data.
What is the median household income in Florence?
The median household income in Florence, MN is $42,500 per year.
What is the median home value in Florence?
The median home value in Florence, MN is $158,300.
What is the average rent in Florence?
The median monthly rent in Florence, MN is $0.
What is the unemployment rate in Florence?
The unemployment rate in Florence, MN is 0.0%.