Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.6 yrs |
|---|---|
| Avg HH Size | 2.10 |
| Below Poverty | 10.7% ≈ Avg |
| College Grads | 63.7% ▲ 64% above avg |
| Unemployment | 3.6% ▼ 27% below avg |
| No HS Diploma | 58 (0.9%) |
| HS Graduate | 889 (13.6%) |
| Some College | 656 (10.1%) |
| Associates | 765 (11.7%) |
| Bachelors | 714 (11%) |
| Graduate Degree | 3,438 (52.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $87,800 ▲ 15% above avg |
|---|---|
| Median Home Value | $389,000 ▲ 40% above avg |
| Home/Income Ratio | 4.4x (nat avg ~3.5x) |
| Median Rent | $1,016/mo |
| Total Housing Units | 4,481 |
| Vacant Units | 265 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Florence is a city in Massachusetts, located in Hampshire County. The city spans 1 ZIP code and is home to approximately 9,188 residents. It is a mature city, with a median age of 50.6 years.
Economically, Florence is a middle-income community. The median household income of $87,800 is above the national average. Approximately 10.7% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Florence is a mid-range housing market. Median home values stand at $389,000, which is above the national average. Renters typically pay around $1,016 per month. Homeownership is high at 75.9%, typical of suburban and family-oriented communities.
The population of Florence is highly educated. 63.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (86.54%).
Florence, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01062 | 9,188 | $87,800 | $389,000 | $1,016 | 3.6% | 63.7% | 75.9% |