Florence, Kentucky Demographics & Population 2026
During the 2020–2024 ACS period, Florence, Kentucky had a total population of 32,803, the 8th largest city in Kentucky, with a median household income of $71,003, which is 11% higher than the state average. The poverty rate is 9.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Florence Quick Facts
How Florence Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 32,334 | 32,803 | +1.5% |
| Median household income | $68,508 | $71,003 | +3.6% |
| Median home value | $196,200 | $210,700 | +7.4% |
How Florence Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 33 | National average: 61
Education
Educational Attainment (Adults 25+)
Florence Rankings in Kentucky
Explore Kentucky Rankings
Other Cities in Boone County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Burlington | 18,008 | $109,308 | 5.5% | $254,300 |
| Francisville | 10,565 | $159,371 | 1.7% | $398,000 |
| Oakbrook | 10,211 | $94,652 | 2.5% | $260,700 |
| Union | 7,642 | $136,712 | 2.9% | $411,500 |
| Hebron | 6,407 | $106,719 | 10.0% | $239,300 |
| Verona | 1,394 | $144,507 | 3.2% | $451,600 |
| Petersburg | 771 | $101,389 | 3.6% | $226,700 |
| Belleview | 262 | $34,423 | 17.6% | $121,000 |
| Rabbit Hash | 175 | N/A | 30.9% | $300,000 |
Cities Similar to Florence
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Nicholasville | 32,197 | $68,503 | $226,800 | 26.9% | 13.1% |
| Elizabethtown | 32,576 | $60,760 | $245,900 | 28.2% | 17.0% |
| Jeffersontown | 29,199 | $81,506 | $250,700 | 39.8% | 6.5% |
| Georgetown | 39,117 | $80,088 | $265,400 | 34.1% | 12.1% |
| Hopkinsville | 30,906 | $49,139 | $172,100 | 23.3% | 19.3% |
Population Overview
Florence is a mid-sized community located in Kentucky, within Boone County. The total population is 32,803. It ranks as the 8th most populous out of 552 Census-designated places in Kentucky.
Age Demographics
The median age in Florence is 38.9 years. This is about the same as the state median of 39.1 years.
Economy, Income & Housing
The median household income in Florence is $71,003. This is 11% higher than the state median of $63,726. It is also 12% lower than the national median of $80,734. The poverty rate stands at 9.5%. This is 41% lower than the state poverty rate of 16.1%. The unemployment rate is 3.1%. This is 36% lower than the state rate of 4.9%. The median home value is $210,700. Housing costs are 2% higher than the state median of $205,600. The home-value-to-income ratio is 3.0x. 57.5% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 68.3%.
Race & Ethnicity
The largest racial or ethnic group in Florence is White (non-Hispanic), making up 77.0% of the population. Hispanic or Latino residents account for 9.2%. The Hispanic or Latino population is significantly higher than the state average (9.2% vs 5.0%). The Asian population is significantly higher than the state average (3.4% vs 1.6%).
Education
26.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.
Data Sources & Methodology
All demographic data for Florence, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Florence, Kentucky?
Florence, Kentucky has a population of 32,803 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Florence, KY?
The median household income in Florence is $71,003, which is 12% lower than the national median of $80,734.
What is the poverty rate in Florence, KY?
The poverty rate in Florence is 9.5%. This means approximately 3,081 residents live below the federal poverty line.
What is the racial makeup of Florence, Kentucky?
Florence's population is 77.0% White, 6.7% Black, 9.2% Hispanic/Latino, and 3.4% Asian.
What is the median home value in Florence, KY?
The median home value in Florence is $210,700. The home-value-to-income ratio is 3.0x.
How educated is Florence, Kentucky?
26.4% of adults (25+) in Florence hold a bachelor's degree or higher, and 8.9% hold a graduate or professional degree.