Florence, SD
Population 289 · South Dakota
About Florence, SD
Florence is a small community in South Dakota with a population of 289 residents. The median household income is $69,531 per year, which is near the national average. The median age in Florence is 41.7 years.
Housing in Florence has a median home value of $137,500 and median monthly rent of $388. Of the 139 total housing units, the majority are owner-occupied, with 106 owner-occupied and 11 renter-occupied units.
The unemployment rate in Florence is 0.0% and the poverty rate is 11.3%. 6.4% of residents hold a bachelor's degree or higher. The average commute time is 23.9 minutes.
How Florence Ranks in South Dakota
Cost of Living in Florence, SD
Compared to national averages, Florence has a median household income of $69,531 (7% below the national median of $75,149). Home values average $137,500, which is 44% below the national median. Monthly rent at $388 is 67% below the US average of $1,163. Within South Dakota, Florence's income is 8% above the state average of $64,650, and home values are 4% below the state median of $143,757.
Why Live in Florence, SD?
Florence offers affordable housing with a median home value of $137,500, below the US average of $244,900, and rent that’s lower than the national average at $388/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 11.3%, better than the national average, and short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($69,531) 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 289 with a median age of 41.7 years. Compare Florence with other cities to see how it stacks up, or explore all cities in South Dakota.
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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, SD?
The population of Florence, SD is 289 according to the latest Census data.
What is the median household income in Florence?
The median household income in Florence, SD is $69,531 per year.
What is the median home value in Florence?
The median home value in Florence, SD is $137,500.
What is the average rent in Florence?
The median monthly rent in Florence, SD is $388.
What is the unemployment rate in Florence?
The unemployment rate in Florence, SD is 0.0%.