Pros and Cons of Living In Florence, Kentucky. Is Florence, KY a Nice Place To Live or Retire?

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Florence, Kentucky

Moving to Florence In Kentucky ? Is Florence, KY a Nice Place To Live? Pros and Cons of Living in Florence, Kentucky. Find out the best and worst about to live, raise a family or retire in Florence.

Florence is a city in Boone County, Kentucky, United States, part of the Cincinnati metropolitan area. The population was 31,946 at the 2020 census, making it the second-largest city in Northern Kentucky, the eighth-largest city in Kentucky and the state's largest that is not a county seat. Like all but the state's two largest cities, Florence is a home rule-class city under Kentucky state law.

DEMOGRAPHICS

Population
32721
Unemployment
3.9%
17% NAT AVG.
Poverty
7.5%
46% NAT AVG.
Cost Of Living
94
6% NAT AVG.

ECONOMICS

Median Home Cost
$154900
33% NAT AVG.
Median Income
$60018
11% NAT AVG.
Median Rent
$979
16% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
1616
106% NAT. AVG.
137% STATE AVG.
Violent Crime
55
58% NAT. AVG.
36% STATE AVG.
Property Crime
1561
139% NAT. AVG.
163% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 26
People Earning < $10,000
1 in 31
People Earning < $50,000
38.9%
People With Any Degree
1 in 3

ETHNICITY

Ethnicity Florence USA
White 83.9% 60.1%
African American 5.7% 12.2%
American Indian 0% 0.6%
Asian 4.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.7% 2.8%
Hispanic 3.5% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Florence USA
Less than $10,000 3.2% 5.8%
$10,000 to $14,999 3.5% 4.1%
$15,000 to $24,999 9.2% 8.5%
$25,000 to $34,999 10.2% 8.6%
$35,000 to $49,999 12.8% 12.0%
$50,000 to $74,999 22% 17.2%
$75,000 to $99,999 13.2% 12.8%
$100,000 to $149,999 16.5% 15.6%
$150,000 to $199,999 4.5% 7.1%

EDUCATION

Education Florence USA
< 9th Grade 1% 5.0%
9-12th Grade 7% 7.0%
High School or GED 33% 27.0%
Other College 26% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 16% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Florence is a city in Kentucky state in USA with a population of 32721 residents.. The poverty rate of Florence is 7.5%, which is 46% lower than national average. The typical household in Florence earns $60018 a year, compared to the national median of $67,500. Nearly 38.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Florence remained 3.9%, which is 17% lower than national rate.

Cost of living in Florence is 94, which is 6% lower than national average. In Florence, only 25% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Florence is $154900 , which is 33% lower than national average. While median income in Florence remained $60018, which is 11% lower than national average.
Florence Scorecard

Jobs80%

Housing80%

Affordability80%

Safety50%

Amenities90%

Diversity70%

Education80%

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