Pros and Cons of Living In Florence, Alabama. Is Florence, AL a Nice Place To Live or Retire?

Florence, Alabama

Moving to Florence In Alabama ? Is Florence, AL a Nice Place To Live? Pros and Cons of Living in Florence, Alabama. Find out the best and worst about to live, raise a family or retire in Florence.

Florence is a city in, and the county seat of, Lauderdale County, Alabama, United States, in the state's northwestern corner, and had a population of 40,184 in the 2020 census. Florence is located along the Tennessee River and is home to the University of North Alabama, the oldest public college in the state, which makes Florence a college town. Florence is located about 70 miles west of Huntsville, Alabama, via US-72.

Florence is the largest and principal city of the Quad Cities commonly known as "The Shoals" (which also includes the cities of Muscle Shoals, Sheffield, and Tuscumbia in Colbert County). “The Shoals” had a population of 148,779 in the 2020 census. Florence is considered northwestern Alabama's primary economic hub....

DEMOGRAPHICS

Population
40652
Unemployment
6.4%
36% NAT AVG.
Poverty
19.6%
40% NAT AVG.
Cost Of Living
86
14% NAT AVG.

ECONOMICS

Median Home Cost
$142000
38% NAT AVG.
Median Income
$39735
41% NAT AVG.
Median Rent
$655
44% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
1869
100% NAT. AVG.
81% STATE AVG.
Violent Crime
206
33% NAT. AVG.
14% STATE AVG.
Property Crime
1663
113% NAT. AVG.
95% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 16
People Earning < $10,000
1 in 10
People Earning < $50,000
60.4%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Florence USA
White 72.7% 60.1%
African American 18.5% 12.2%
American Indian 0.7% 0.6%
Asian 1% 5.6%
Hawaiian 0.2% 0.2%
Multiracial 2.8% 2.8%
Hispanic 4.2% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Florence USA
Less than $10,000 10% 5.8%
$10,000 to $14,999 6.5% 4.1%
$15,000 to $24,999 15.9% 8.5%
$25,000 to $34,999 12.2% 8.6%
$35,000 to $49,999 15.8% 12.0%
$50,000 to $74,999 16.3% 17.2%
$75,000 to $99,999 11% 12.8%
$100,000 to $149,999 6.4% 15.6%
$150,000 to $199,999 3.2% 7.1%

EDUCATION

Education Florence USA
< 9th Grade 3% 5.0%
9-12th Grade 9% 7.0%
High School or GED 30% 27.0%
Other College 24% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 17% 20.0%
Master's Degree 8% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 2% 1.0%
Florence is a city in Alabama state in USA with a population of 40652 residents.. The poverty rate of Florence is 19.6%, which is 40% higher than national average. The typical household in Florence earns $39735 a year, compared to the national median of $67,500. Nearly 60.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Florence remained 6.4%, which is 36% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Florence is 86, which is 14% lower than national average. In Florence, only 28% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Florence is $142000 , which is 38% lower than national average. While median income in Florence remained $39735, which is 41% lower than national average.
Florence Scorecard

Jobs50%

Housing50%

Affordability60%

Safety85%

Amenities85%

Diversity80%

Education70%

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