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Florence city, South Carolina Demographics & Population 2026

As of 2026, Florence city, South Carolina has a total population of 40,205, the 10th largest city in South Carolina, with a median household income of $56,433, which is 16% lower than the state average. The poverty rate is 18.1%.

Florence city Quick Facts

Population 40,205
Median Household Income $56,433
Median Home Value $189,800
Poverty Rate 18.1%
Unemployment Rate 5.6%
Median Age 37.6 years
Homeownership Rate 59.7%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 29.9%
High School Graduation Rate 89.4%
Diversity Index 57/100
Population 40,205 10th of 475
Median Income $56,433 above average
Poverty Rate 18.1% 46% higher national
Median Home Value $189,800 above average

How Florence city Compares

Economy & Housing

Employment

5.6% Unemployment Rate State: 5.0% | National: 5.2%
60.6% Labor Force Participation

Housing Overview

Owner 59.7%
Renter 40.3%
Affordability Index Affordable
3.4x home value to income ratio

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 54 | National average: 60

Education

Florence city Rankings in South Carolina

#10 Population of 475
#167 Median Income of 475
#108 Education of 475
#149 Home Value of 475

Cities Similar to Florence city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Spartanburg city38,578$51,193$185,30033.3%24.1%
Sumter city43,065$53,071$188,40028.6%15.8%
Myrtle Beach city37,214$53,679$347,70034.1%16.9%
Greer city39,191$80,030$264,30040.8%9.9%
Aiken city32,334$69,837$261,80045.1%16.3%

Population Overview

Florence city is a mid-sized community located in South Carolina. The total population is 40,205. It ranks as the 10th most populous out of 475 cities and towns in South Carolina.

Age Demographics

The median age in Florence city is 37.6 years. This is 6% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Florence city is $56,433. This is 16% lower than the state median of $66,818. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 18.1%. This is 28% higher than the state poverty rate of 14.2%. The unemployment rate is 5.6%. This is 14% higher than the state rate of 5.0%. The median home value is $189,800. Housing costs are 20% lower than the state median of $236,700. The home-value-to-income ratio is 3.4x. 59.7% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 71.4%.

Race & Ethnicity

The largest racial or ethnic group in Florence city is Black or African American, making up 49.5% of the population. White (non-Hispanic) residents account for 42.6%. The Black or African American population is significantly higher than the state average (49.5% vs 25.1%). The Hispanic or Latino population (2.9%) is well below the state average of 7.1%. The Asian population is significantly higher than the state average (3.1% vs 1.7%).

Education

29.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% lower than the state rate of 31.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.

Data Sources & Methodology

All demographic data for Florence city, South Carolina 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 South Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in South Carolina. For official data, visit data.census.gov.

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

Frequently Asked Questions

What is the population of Florence city, South Carolina?

Florence city, South Carolina has a population of 40,205 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Florence city, SC?

The median household income in Florence city is $56,433, which is 28% lower the national median of $78,538.

What is the poverty rate in Florence city, SC?

The poverty rate in Florence city is 18.1%. This means approximately 7,205 residents live below the federal poverty line.

What is the racial makeup of Florence city, South Carolina?

Florence city's population is 42.6% White, 49.5% Black, 2.9% Hispanic/Latino, and 3.1% Asian.

What is the median home value in Florence city, SC?

The median home value in Florence city is $189,800. The home-value-to-income ratio is 3.4x.

How educated is Florence city, South Carolina?

29.9% of adults (25+) in Florence city hold a bachelor's degree or higher, and 13.4% hold a graduate or professional degree.