Florence, SC
Population 40,205 · South Carolina
About Florence, SC
Florence is a mid-sized city in South Carolina with a population of 40,205 residents. The median household income is $56,433 per year, which is near the national average. The median age in Florence is 37.6 years.
Housing in Florence has a median home value of $189,800 and median monthly rent of $922. Of the 19,244 total housing units, the majority are owner-occupied, with 9,822 owner-occupied and 6,628 renter-occupied units.
The unemployment rate in Florence is 5.6% and the poverty rate is 18.1%. 29.9% of residents hold a bachelor's degree or higher. The average commute time is 18.7 minutes.
How Florence Ranks in South Carolina
Cost of Living in Florence, SC
Compared to national averages, Florence has a median household income of $56,433 (25% below the national median of $75,149). Home values average $189,800, which is 22% below the national median. Monthly rent at $922 is 21% below the US average of $1,163. Within South Carolina, Florence's income is 4% below the state average of $58,738, and home values are 6% below the state median of $202,187.
Why Live in Florence, SC?
Florence offers affordable housing with a median home value of $189,800, below the US average of $244,900, and rent that’s lower than the national average at $922/month, and short commute times averaging just 18.7 minutes.
Potential considerations include median household income ($56,433) 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 40,205 with a median age of 37.6 years. Compare Florence with other cities to see how it stacks up, or explore all cities in South Carolina.
Similar Cities Near Florence
Cities in South Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Greer | 39,191 | $80,030 | $264,300 | Compare |
| Spartanburg | 38,578 | $51,193 | $185,300 | Compare |
| Hilton Head Island | 37,805 | $96,715 | $652,100 | Compare |
| Sumter | 43,065 | $53,071 | $188,400 | Compare |
| Myrtle Beach | 37,214 | $53,679 | $347,700 | Compare |
| Goose Creek | 46,964 | $87,437 | $279,500 | Compare |
| Aiken | 32,334 | $69,837 | $261,800 | Compare |
| Bluffton | 31,323 | $105,463 | $444,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Carolina
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, SC?
The population of Florence, SC is 40,205 according to the latest Census data.
What is the median household income in Florence?
The median household income in Florence, SC is $56,433 per year.
What is the median home value in Florence?
The median home value in Florence, SC is $189,800.
What is the average rent in Florence?
The median monthly rent in Florence, SC is $922.
What is the unemployment rate in Florence?
The unemployment rate in Florence, SC is 5.6%.