Florence city, Minnesota Demographics & Population 2026
As of 2026, Florence city, Minnesota has a total population of 29, the 894th largest city in Minnesota, with a median household income of $42,500, which is 51% lower than the state average. The poverty rate is 13.8%.
Key Takeaways
- Household income is 51% below the state average, indicating significant economic challenges.
- Near full employment with an unemployment rate of just 0.0%.
Florence city Quick Facts
How Florence city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Florence city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Lyon County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Marshall city | 13,880 | $64,636 | 16.9% | $198,900 |
| Tracy city | 1,869 | $60,682 | 9.5% | $110,900 |
| Minneota city | 1,531 | $72,396 | 5.6% | $158,100 |
| Cottonwood city | 1,120 | $90,750 | 8.2% | $180,200 |
| Lynd city | 570 | $79,375 | 32.9% | $170,000 |
| Balaton city | 544 | $54,091 | 13.3% | $85,000 |
| Ghent city | 455 | $72,500 | 7.0% | $154,700 |
| Russell city | 323 | $62,143 | 4.6% | $101,700 |
| Taunton city | 140 | $46,875 | 20.0% | $74,600 |
| Garvin city | 90 | $41,000 | 23.3% | $50,000 |
Cities Similar to Florence city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| McGrath city | 29 | N/A | N/A | 3.5% | 72.4% |
| Cedar Mills city | 30 | N/A | N/A | 0.0% | 6.7% |
| Denham city | 30 | N/A | $216,700 | 14.3% | 3.3% |
| Kerrick city | 32 | N/A | N/A | 0.0% | 12.5% |
| Aldrich city | 31 | $36,875 | $90,000 | 6.9% | 0.0% |
Population Overview
Florence city is a small community located in Minnesota, within Lyon County. The total population is 29. It ranks as the 894th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Florence city is 29.9 years. This is 23% lower than the state median of 38.6 years. With 37.9% of the population under 18, Florence city has a notably young demographic profile, suggesting a family-oriented community. 31.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Florence city is $42,500. This is 51% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 46% lower. The poverty rate stands at 13.8%. This is 50% higher than the state poverty rate of 9.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $158,300. Housing costs are 48% lower than the state median of $305,500. The home-value-to-income ratio is 3.7x. 75.0% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 72.4%.
Race & Ethnicity
Florence city has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents.
Education
16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 72.2%.
Data Sources & Methodology
All demographic data for Florence city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Florence city, Minnesota?
Florence city, Minnesota has a population of 29 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Florence city, MN?
The median household income in Florence city is $42,500, which is 46% lower the national median of $78,538.
What is the poverty rate in Florence city, MN?
The poverty rate in Florence city is 13.8%. This means approximately 4 residents live below the federal poverty line.
What is the racial makeup of Florence city, Minnesota?
Florence city's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Florence city, MN?
The median home value in Florence city is $158,300. The home-value-to-income ratio is 3.7x.
How educated is Florence city, Minnesota?
16.7% of adults (25+) in Florence city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.