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CITY · 2020 ACS

Florence

Minnesota · 28 residents · 0.108 sq mi
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The short version

Florence has notably lower household income than the US average, with a median household income of $37,813. Population has fallen 54% since 2000, a loss of 33 residents. 15% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than tripled since 2000, reaching $135,400. With a median age of 62.0, the population is older than the US median of 38.8. Households here earn about 48% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 62.0
US median: 38.8
Less educated
15% hold a bachelor's degree
US average: 33%
Less affordable
home values up 188%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

28
−54%since 2000
from 61 in 2000
1990 – 2025
259 / sq mi
−54%since 2000
from 565 / sq mi in 2000
US average: 280
62.0
+103%since 2000
from 30.5 in 2000
US average: 38.8
Population, 19902024
8233751661990201020202024Florence
202425
1990201020202024
Section 02

Income & economy

$37,813
−42%inflation adjusted, since 2000
from $43,125 in 2000
US average: $66,278
1990 – 2024
$15,254
−6%since 2000
from $16,312 in 2000
US average: $35,364
Households earning $100K+
11.1%
−17.5 ptssince 2009
from 28.6% in 2009
US average: 43.9%
0.0%
Unchangedsince 2000
from 0.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance20%
US avg: 5.5%
Professional, scientific, technical20%
US avg: 4.7%
Wholesale trade10%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Information0%
US avg: 11.1%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$135,400
+188%inflation adjusted, since 2000
from $31,300 in 2000
US average: $265,253
1990 – 2024
66.7%
−23.8 ptssince 2000
from 90.5% in 2000
33.3% rent
3.6
+393%since 2000
from 0.7 in 2000
1990 – 2024
RELATED:See current rent listings in Florence on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86.9%(53)
Black0%(0)
Hispanic / Latino13.1%(8)
Asian0%(0)
Other0%
Diversity Score28.5%(17)
2020
White, non-Hispanic85.7%(24)
Black0%(0)
Hispanic / Latino7.1%(2)
Asian0%(0)
Other0%(0)
Diversity Score17.8%(5)
18
−38%since 2000
from 28 in 2000
1990 – 2024
Section 05

Education

15.4%
+8.9 ptssince 2000
from 6.5% in 2000
US average: 32.9%
High school or higher
100.0%
+32.3 ptssince 2000
from 67.7% in 2000
US average: 88.5%
0.0%
−6.5 ptssince 2000
from 6.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

100.0%
+11.1 ptssince 2009
from 88.9% in 2009
US average: 75.1%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.4%
76.9%
Unchangedsince 2011
from 76.9% in 2011
US average: 63.4%
60.0%
+15.6 ptssince 2009
from 44.4% in 2009
US average: 39.3%
Section 08

People & community

20.8%
−33.0 ptssince 2009
from 53.8% in 2009
79.2%
+33.0 ptssince 2009
from 46.2% in 2009
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
20.8%
−79.2 ptssince 2013
from 100.0% in 2013
US average: 8.8%
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Frequently asked

How many people live in Florence, Minnesota?

Florence, Minnesota has about 28 residents according to the 2020 American Community Survey.

What is the median household income in Florence, Minnesota?

The typical household in Florence, Minnesota earns about $37,813 a year. Half of households make more than that, and half make less.

Is Florence, Minnesota expensive?

In Florence, Minnesota, the median home is worth about $135,400.

How educated are people in Florence, Minnesota?

About 15.4% of adults age 25 and over in Florence, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Florence, Minnesota?

About 0.0% of people in Florence, Minnesota live below the federal poverty line.

Has Florence, Minnesota grown since 1990?

Yes, Florence, Minnesota has shrunk since 1990. The population has lost about 20 residents, a change of about -42 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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