City

Florence, KY

2 ZIP codes  ·  Boone County  ·  Kentucky

👥55,880Population
💰$75,582Median HH Income≈ Avg
🎂39.2Median Age
🏠$210,500Median Home Value▼ 24% below avg
🎓39.3%College Grads≈ Avg
📊3.6%Unemployment▼ 27% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.1% Female 50.9% ♀

Race & Ethnicity

White: 77.9%Hispanic: 7.5%Black: 6.7%Asian: 2.8%Other: 3.9%Race
White77.9%
Hispanic7.5%
Black6.7%
Asian2.8%
Other3.9%

Age Breakdown

Under 5
6%
5–17
16%
18–24
9%
25–44
27%
45–64
25%
65+
8%

Key Indicators

Median Age39.2 yrs
Avg HH Size2.43
Below Poverty8.8% ▼ 13% below avg
College Grads39.3% ≈ Avg
Unemployment3.6% ▼ 27% below avg
No HS Diploma357 (1%)
HS Graduate10,391 (28.6%)
Some College5,769 (15.9%)
Associates5,565 (15.3%)
Bachelors3,609 (9.9%)
Graduate Degree10,655 (29.3%)

Education

No HS: 1%HS Grad: 28.6%Some College: 15.9%Associates: 15.3%Bachelors: 9.9%Graduate: 29.3%Edu
No HS1.0%
HS Grad28.6%
Some College15.9%
Associates15.3%
Bachelors9.9%
Graduate29.3%
Housing & Income

Housing Tenure

Owner: 67.6%Renter: 32.5%Tenure
Owner67.6%
Renter32.5%

Home Value Distribution

Under $50k
7%
$50k–$100k
4%
$100k–$150k
14%
$150k–$200k
21%
$200k–$300k
35%
$300k–$500k
17%
Over $500k
3%

Financials

Median HH Income$75,582 ≈ Avg
Median Home Value$210,500 ▼ 24% below avg
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$1,240/mo
Total Housing Units23,640
Vacant Units889

Income Distribution

Under $25k
12%
$25k–$50k
17%
$50k–$75k
19%
$75k–$100k
17%
$100k–$150k
21%
$150k–$200k
6%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
86%
Public Transit
1%
Walked
0%
Work From Home
13%

Commute Time

Under 15 min
27%
15–30 min
44%
30–45 min
18%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
7%
1960s–1970s
18%
1980s–1990s
21%
2000+
53%
About Florence, KY

Florence is a city in Kentucky, located in Boone County. The city spans 2 ZIP codes and is home to approximately 55,880 residents. It is a middle-aged city, with a median age of 39.2 years.

Economically, Florence is a middle-income community. The median household income of $75,582 is near the national average. Approximately 8.8% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.

The real estate market in Florence is an affordable housing market. Median home values stand at $210,500, which is below the national average. Renters typically pay around $1,240 per month. Homeownership is high at 67.6%, typical of suburban and family-oriented communities.

The population of Florence is moderately educated. 39.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (77.94%).

Florence, KY offers residents a cost-conscious lifestyle within Kentucky. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Florence
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
41042 55,880 $75,582 $210,500 $1,240 3.6% 39.3% 67.6%

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