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New Florence, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, New Florence, Missouri had a total population of 667, the 457th largest city in Missouri, with a median household income of $42,174, which is 40% lower than the state average. The poverty rate is 13.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

New Florence Quick Facts

Population 667
Median Household Income $42,174
Median Home Value $95,100
Poverty Rate 13.5%
Unemployment Rate 0.8%
Median Age 47.7 years
Homeownership Rate 73.2%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 16.5%
High School Graduation Rate 87.4%
Diversity Index 24/100
Population 667 457th of 1,062
Median Income $42,174 bottom 30%
Poverty Rate 13.5% 8% higher than national
Median Home Value $95,100 below average

How New Florence Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population784667-14.9%
Median household income$48,125$42,174-12.4%
Median home value$92,800$95,100+2.5%

How New Florence Compares

Economy & Housing

Household Income Distribution

Under $25K 23.6%
$25K-$50K 28.9%
$50K-$100K 35.2%
$100K+ 12.3%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
5.3%
$15K-$20K
2.8%
$20K-$25K
12.7%
$25K-$30K
10.2%
$30K-$35K
6.3%
$35K-$40K
2.8%
$40K-$45K
8.1%
$45K-$50K
1.4%
$50K-$60K
6.7%
$60K-$75K
11.6%
$75K-$100K
16.9%
$100K-$125K
3.9%
$125K-$150K
3.9%
$150K-$200K
3.5%
$200K+
1.1%

Employment

0.8% Unemployment Rate State: 4.0%|National: 5.2%
44.9% Labor Force Participation

Housing Overview

Owner 73.2%
Renter 26.8%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $869/mo 24.7% of median household income annually

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 61

Education

New Florence Rankings in Missouri

#457 Population of 1,062
#754 Median Income of 955
#463 Education of 1,062
#649 Home Value of 941

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Montgomery City 2,801 $57,500 17.7% $161,100
Wellsville 1,165 $61,429 14.4% $84,400
Jonesburg 806 $74,821 14.5% $174,200
Middletown 248 $50,625 17.3% $65,000
Bellflower 238 $45,313 40.3% $61,700
High Hill 238 $63,750 22.3% $123,800
Rhineland 165 $95,625 7.4% $170,500
Big Spring 140 $100,500 9.3% $210,000
McKittrick 93 N/A 2.5% $137,500

Cities Similar to New Florence

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gideon662$41,538$55,5007.3%26.7%
Pilot Knob653$44,500$108,0007.3%16.5%
Vienna661$38,221$159,40016.6%26.4%
Iberia661$47,438$122,90012.7%13.9%
Bevier657$47,240$94,20011.0%15.1%

A note before these figures: with a population of 667, New Florence's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

New Florence is a small community located in Missouri, within Montgomery County. The total population is 667. It ranks as the 457th most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in New Florence is 47.7 years. This is 22% higher than the state median of 39.0 years. Only 14.8% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in New Florence is $42,174. This is 40% lower than the state median of $70,702. It is also 48% lower than the national median of $80,734. The poverty rate stands at 13.5%. This is 7% higher than the state poverty rate of 12.6%. The unemployment rate is 0.8%. This is 81% lower than the state rate of 4.0%. The median home value is $95,100. Housing costs are 59% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.3x, New Florence is one of the most affordable housing markets in the area. 73.2% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 68.1%.

Race & Ethnicity

New Florence has a predominantly White (non-Hispanic) population, comprising 86.5% of all residents. Hispanic or Latino residents account for 8.1%. The Black or African American population (0.4%) is well below the state average of 10.9%. The Hispanic or Latino population is significantly higher than the state average (8.1% vs 5.2%).

Education

16.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.4%.

Data Sources & Methodology

All demographic data for New Florence, Missouri 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 Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. 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 New Florence, Missouri?

New Florence, Missouri has a population of 667 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Florence, MO?

The median household income in New Florence is $42,174, which is 48% lower than the national median of $80,734.

What is the poverty rate in New Florence, MO?

The poverty rate in New Florence is 13.5%. This means approximately 81 residents live below the federal poverty line.

What is the racial makeup of New Florence, Missouri?

New Florence's population is 86.5% White, 0.4% Black, 8.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in New Florence, MO?

The median home value in New Florence is $95,100. The home-value-to-income ratio is 2.3x.

How educated is New Florence, Missouri?

16.5% of adults (25+) in New Florence hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.