Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.7 yrs |
|---|---|
| Avg HH Size | 2.76 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 14.0% ▼ 64% below avg |
| HS Graduate | 313 (40.5%) |
| Some College | 263 (34.1%) |
| Associates | 88 (11.4%) |
| Bachelors | 50 (6.5%) |
| Graduate Degree | 58 (7.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,047 ▼ 13% below avg |
|---|---|
| Median Home Value | $118,100 ▼ 58% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Total Housing Units | 444 |
| Vacant Units | 23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Florence is a city in Indiana, located in Switzerland County. The city spans 1 ZIP code and is home to approximately 1,164 residents. It is a middle-aged city, with a median age of 38.7 years.
Economically, Florence is a solidly middle-class community. The median household income of $66,047 is near the national average. Approximately 7.5% of residents live below the poverty line.
The real estate market in Florence is one of the more affordable housing markets in the country. Median home values stand at $118,100, which is well below the national average. Homeownership is high at 84.1%, typical of suburban and family-oriented communities.
The population of Florence is less-educated. 14.0% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (95.53%).
Florence, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47020 | 1,164 | $66,047 | $118,100 | — | 0.0% | 14.0% | 84.1% |