Florence is a city in South Carolina state in USA with a population of 38535 residents.. The poverty rate of Florence is 16.9%, which is 21% higher than national average. The typical household in Florence earns $51073 a year, compared to the national median of $67,500. Nearly 48.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Florence, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Florence remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Florence, only 31% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Florence is 92, which is 8% lower than national average. Median home value in Florence is $155000 , which is 33% lower than national average. While median income in Florence remained $51073, which is 24% lower than national average.