Florence, MS
Population 4,647 · Mississippi
About Florence, MS
Florence is a small community in Mississippi with a population of 4,647 residents. The median household income is $86,406 per year, which is above the national average. The median age in Florence is 33.9 years.
Housing in Florence has a median home value of $207,400 and median monthly rent of $1,037. Of the 1,885 total housing units, the majority are owner-occupied, with 1,166 owner-occupied and 477 renter-occupied units.
The unemployment rate in Florence is 7.3% and the poverty rate is 11.9%. 25.5% of residents hold a bachelor's degree or higher. The average commute time is 31.2 minutes.
How Florence Ranks in Mississippi
Cost of Living in Florence, MS
Compared to national averages, Florence has a median household income of $86,406 (15% above the national median of $75,149). Home values average $207,400, which is 15% below the national median. Monthly rent at $1,037 is 11% below the US average of $1,163. Within Mississippi, Florence's income is 73% above the state average of $49,929, and home values are 65% above the state median of $125,705.
Why Live in Florence, MS?
Florence offers a strong local economy with a median household income of $86,406, well above the national average, and affordable housing with a median home value of $207,400, below the US average of $244,900, and rent that’s lower than the national average at $1,037/month. Additionally, the city features a low poverty rate of 11.9%, better than the national average.
Florence has a population of 4,647 with a median age of 33.9 years. Compare Florence with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Florence
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ellisville | 4,593 | $32,853 | $97,000 | Compare |
| Waynesboro | 4,552 | $30,910 | $84,400 | Compare |
| Crystal Springs | 4,766 | $42,990 | $88,300 | Compare |
| Fulton | 4,511 | $56,620 | $140,300 | Compare |
| Carthage | 4,859 | $47,304 | $146,800 | Compare |
| Pearl River | 4,403 | $46,295 | $55,000 | Compare |
| University | 4,899 | $0 | $0 | Compare |
| Aberdeen | 4,909 | $40,732 | $84,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Florence With Other Cities
Frequently Asked Questions about Florence
What is the population of Florence, MS?
The population of Florence, MS is 4,647 according to the latest Census data.
What is the median household income in Florence?
The median household income in Florence, MS is $86,406 per year.
What is the median home value in Florence?
The median home value in Florence, MS is $207,400.
What is the average rent in Florence?
The median monthly rent in Florence, MS is $1,037.
What is the unemployment rate in Florence?
The unemployment rate in Florence, MS is 7.3%.