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Florence CDP, New Jersey Demographics & Population 2026

As of 2026, Florence CDP, New Jersey has a total population of 5,027, the 291st largest city in New Jersey, with a median household income of $99,020, which is 2% lower than the state average. The poverty rate is 6.7%.

Florence CDP Quick Facts

Population 5,027
Median Household Income $99,020
Median Home Value $270,100
Poverty Rate 6.7%
Unemployment Rate 6.6%
Median Age 38.7 years
Homeownership Rate 65.3%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 20.4%
High School Graduation Rate 85.6%
Diversity Index 52/100
Population 5,027 291st of 700
Median Income $99,020 average
Poverty Rate 6.7% 47% lower national
Median Home Value $270,100 bottom 30%

How Florence CDP Compares

Economy & Housing

Employment

6.6% Unemployment Rate State: 6.2% | National: 5.2%
77.9% Labor Force Participation

Housing Overview

Owner 65.3%
Renter 34.7%
Affordability Index Very Affordable
2.7x home value to income ratio

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 60

Education

Florence CDP Rankings in New Jersey

#291 Population of 700
#395 Median Income of 700
#611 Education of 700
#528 Home Value of 700

Cities Similar to Florence CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Golden Triangle CDP4,893$101,411$280,80040.1%8.6%
Ellisburg CDP5,021$91,272$294,30041.7%11.9%
Spring Lake Heights borough4,866$102,829$648,50057.2%4.2%
South Bound Brook borough4,833$102,019$345,30024.0%16.4%
Franklin borough4,938$90,152$253,10019.5%8.0%

Population Overview

Florence CDP is a small city located in New Jersey. The total population is 5,027. It ranks as the 291st most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Florence CDP is 38.7 years. This is 3% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Florence CDP is $99,020. This is 2% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 6.7%. This is 32% lower than the state poverty rate of 9.8%. The unemployment rate is 6.6%. This is 7% higher than the state rate of 6.2%. The median home value is $270,100. Housing costs are 37% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.7x, Florence CDP is one of the most affordable housing markets in the area. 65.3% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Florence CDP is White (non-Hispanic), making up 66.2% of the population. Hispanic or Latino residents account for 13.7%.

Education

20.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% lower than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.6%.

Data Sources & Methodology

All demographic data for Florence CDP, New Jersey 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 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. For official data, visit data.census.gov.

Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Florence CDP, New Jersey?

Florence CDP, New Jersey has a population of 5,027 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Florence CDP, NJ?

The median household income in Florence CDP is $99,020, which is 26% higher the national median of $78,538.

What is the poverty rate in Florence CDP, NJ?

The poverty rate in Florence CDP is 6.7%. This means approximately 329 residents live below the federal poverty line.

What is the racial makeup of Florence CDP, New Jersey?

Florence CDP's population is 66.2% White, 6.3% Black, 13.7% Hispanic/Latino, and 6.3% Asian.

What is the median home value in Florence CDP, NJ?

The median home value in Florence CDP is $270,100. The home-value-to-income ratio is 2.7x.

How educated is Florence CDP, New Jersey?

20.4% of adults (25+) in Florence CDP hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.