Florence, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Florence, New Jersey had a total population of 5,242, the 285th largest community in New Jersey, with a median household income of $85,219, which is 18% lower than the state average. The poverty rate is 6.3%.
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 | 5,027 | 5,242 | +4.3% |
| Median household income | $99,020 | $85,219 | -13.9% |
| Median home value | $270,100 | $309,900 | +14.7% |
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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Florence Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Burlington County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Moorestown-Lenola | 14,625 | $138,398 | 7.1% | $581,700 |
| Marlton | 10,922 | $94,464 | 3.7% | $341,100 |
| Burlington | 9,993 | $84,813 | 16.6% | $239,000 |
| Browns Mills | 9,672 | $75,867 | 11.5% | $231,600 |
| Fort Dix | 7,984 | $92,303 | 5.8% | N/A |
| Palmyra | 7,485 | $89,574 | 10.2% | $234,800 |
| Ramblewood | 6,611 | $111,170 | 2.3% | $399,900 |
| Country Lake Estates | 5,055 | $127,643 | 4.2% | $249,100 |
| McGuire AFB | 4,400 | $74,071 | 5.8% | N/A |
| Medford Lakes | 4,297 | $141,188 | 1.1% | $402,900 |
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 |
|---|---|---|---|---|---|
| Forked River | 5,196 | $91,493 | $437,000 | 25.6% | 11.6% |
| Somerdale | 5,581 | $85,625 | $224,600 | 26.1% | 13.8% |
| Beattystown | 4,917 | $87,500 | $416,000 | 48.5% | 8.2% |
| Wildwood | 5,130 | $75,222 | $391,300 | 24.6% | 13.7% |
| Franklin | 4,968 | $92,744 | $272,600 | 19.7% | 8.0% |
Population Overview
Florence is a small city located in New Jersey, within Burlington County. The total population is 5,242. It ranks as the 285th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Florence is 37.2 years. This is 7% lower than the state median of 40.1 years. With 28.2% of the population under 18, Florence has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Florence is $85,219. This is 18% lower than the state median of $103,556. It is also 6% higher than the national median of $80,734. The poverty rate stands at 6.3%. This is 35% lower than the state poverty rate of 9.7%. The unemployment rate is 7.1%. This is 12% higher than the state rate of 6.3%. The median home value is $309,900. Housing costs are 32% lower than the state median of $454,400. The home-value-to-income ratio is 3.6x. 66.2% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Florence is White (non-Hispanic), making up 57.8% of the population. Black or African American residents account for 15.0%.
Education
24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.7%.
Data Sources & Methodology
All demographic data for Florence, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. 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, New Jersey?
Florence, New Jersey has a population of 5,242 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Florence, NJ?
The median household income in Florence is $85,219, which is 6% higher than the national median of $80,734.
What is the poverty rate in Florence, NJ?
The poverty rate in Florence is 6.3%. This means approximately 325 residents live below the federal poverty line.
What is the racial makeup of Florence, New Jersey?
Florence's population is 57.8% White, 15.0% Black, 12.5% Hispanic/Latino, and 5.5% Asian.
What is the median home value in Florence, NJ?
The median home value in Florence is $309,900. The home-value-to-income ratio is 3.6x.
How educated is Florence, New Jersey?
24.3% of adults (25+) in Florence hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.