Skip to main content

Florence, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Florence, Wisconsin had a total population of 488, the 541st largest community in Wisconsin, with a median household income of $40,368, which is 48% lower than the state average. The poverty rate is 15.0%.

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

Key Takeaways

Florence Quick Facts

Population 488
Median Household Income $40,368
Median Home Value $85,700
Poverty Rate 15.0%
Unemployment Rate 4.2%
Median Age 47.0 years
Homeownership Rate 71.6%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 32.8%
High School Graduation Rate 90.8%
Diversity Index 25/100
Population 488 541st of 808
Median Income $40,368 bottom 10%
Poverty Rate 15.0% 20% higher than national
Median Home Value $85,700 bottom 10%

How 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
Population391488+24.8%
Median household income$35,733$40,368+13.0%
Median home value$31,900$85,700+168.7%

How Florence Compares

Economy & Housing

Household Income Distribution

Under $25K 33.7%
$25K-$50K 24.3%
$50K-$100K 7.8%
$100K+ 34.2%
Detailed income brackets
Under $10K
2.5%
$10K-$15K
22.2%
$15K-$20K
2.9%
$20K-$25K
6.2%
$25K-$30K
0.0%
$30K-$35K
1.7%
$35K-$40K
13.6%
$40K-$45K
7.0%
$45K-$50K
2.1%
$50K-$60K
0.0%
$60K-$75K
0.0%
$75K-$100K
7.8%
$100K-$125K
29.6%
$125K-$150K
4.1%
$150K-$200K
0.4%
$200K+
0.0%

Employment

4.2% Unemployment Rate State: 3.3%|National: 5.2%
52.7% Labor Force Participation

Housing Overview

Owner 71.6%
Renter 28.4%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $545/mo 16.2% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

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

State average: 37 | National average: 61

Education

Florence Rankings in Wisconsin

#541 Population of 808
#763 Median Income of 788
#182 Education of 808
#773 Home Value of 799

Other Cities in Florence County

CityPopulationMedian IncomePovertyHome Value
Long Lake 40 N/A 0.0% N/A

Cities Similar to Florence

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Minocqua497$41,436$475,90022.3%27.8%
Gays Mills523$40,208$164,50014.8%14.0%
Butternut465$43,750$74,30013.5%27.9%
Mole Lake533$38,889$128,1003.4%29.8%
Neshkoro470$32,446$121,90010.1%18.4%

A note before these figures: with a population of 488, 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

Florence is a small community located in Wisconsin, within Florence County. The total population is 488. It ranks as the 541st most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Florence is 47.0 years. This is 17% higher than the state median of 40.2 years. 19.3% 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 is $40,368. This is 48% lower than the state median of $77,485. It is also 50% lower than the national median of $80,734. The poverty rate stands at 15.0%. This is 42% higher than the state poverty rate of 10.5%. The unemployment rate is 4.2%. This is 30% higher than the state rate of 3.3%. The median home value is $85,700. Housing costs are 68% lower than the state median of $266,500. With a home-value-to-income ratio of just 2.1x, Florence is one of the most affordable housing markets in the area. 71.6% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 67.8%.

Race & Ethnicity

Florence has a predominantly White (non-Hispanic) population, comprising 85.7% of all residents. Black or African American residents account for 1.8%. The Black or African American population (1.8%) is well below the state average of 5.9%. The Hispanic or Latino population (1.8%) is well below the state average of 8.0%.

Education

32.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Data Sources & Methodology

All demographic data for Florence, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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

Frequently Asked Questions

What is the population of Florence, Wisconsin?

Florence, Wisconsin has a population of 488 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Florence, WI?

The median household income in Florence is $40,368, which is 50% lower than the national median of $80,734.

What is the poverty rate in Florence, WI?

The poverty rate in Florence is 15.0%. This means approximately 65 residents live below the federal poverty line.

What is the racial makeup of Florence, Wisconsin?

Florence's population is 85.7% White, 1.8% Black, 1.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Florence, WI?

The median home value in Florence is $85,700. The home-value-to-income ratio is 2.1x.

How educated is Florence, Wisconsin?

32.8% of adults (25+) in Florence hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.