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CITY

Florence

Montana · 923 residents · 0.768 sq mi
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The short version

Florence is wealthier than most US places, with a median household income of $102,222. Population has held roughly steady since 2000. Median home value has more than tripled since 2000, reaching $486,000. With a median age of 58.5, the population is older than the US median of 38.9. Poverty is rare here, at 6.1% of residents. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 58.5
US median: 38.9
Average education
34% hold a bachelor's degree
US average: 36%
Less affordable
home values up 123%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
923
+2%since 2000
from 901 in 2000
2000 – 2024
Population density
1,202 / sq mi
+2%since 2000
from 1,173 / sq mi in 2000
US average: 281
Median age
58.5
+57%since 2000
from 37.2 in 2000
US average: 38.9
Population, 2000 – 2024
4576428271K1K2000201020202024Florence
2024923
2000201020202024
Section 02

Income & economy

Median household income
$102,222
+43%inflation adjusted, since 2000
from $39,286 in 2000
US average: $82,259
2000 – 2024
Per capita income
$47,876
+172%since 2000
from $17,626 in 2000
US average: $44,673
Households earning $100K+
71.1%
+40.8 ptssince 2009
from 30.3% in 2009
US average: 53.3%
Poverty rate
6.1%
−11.2 ptssince 2000
from 17.3% in 2000
US average: 12.5%
Income inequality (Gini)
0.286
−29%since 2010
from 0.402 in 2010
US average: 0.476
Workforce by industry, 2024
Information11.4%
US avg: 10.8%
Arts, entertainment, food9.7%
US avg: 1.9%
Wholesale trade8.6%
US avg: 6.9%
Retail trade8.4%
US avg: 9.9%
Other services8.2%
US avg: 6.7%
Public administration6.2%
US avg: 4.8%
Agriculture, forestry, fishing1.3%
US avg: 1.6%
Construction1.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$486,000
+123%inflation adjusted, since 2000
from $119,900 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$631
−39%inflation adjusted, since 2000
from $571 in 2000
US average: $1,442
Owner-occupied
88.3%
+11.5 ptssince 2000
from 76.8% in 2000
11.7% rent
Vacancy rate
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 10.0%
Owner cost-burdened
3.7%
−36.3 ptssince 2009
from 39.9% in 2009
US average: 22.9%
Renter cost-burdened
31.9%
−0.8 ptssince 2009
from 32.8% in 2009
US average: 47.4%
Afford Score
4.8
+56%since 2000
from 3.1 in 2000
2000 – 2024
Gentrification Score
94
RELATED:See current rent listings in Florence on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.5%(851)
Black0%(0)
Hispanic / Latino1.9%(17)
Asian0.1%(1)
Other0%
Diversity Score5.1%(46)
2024
White, non-Hispanic80.8%(746)
Black0%(0)
Hispanic / Latino8.5%(78)
Asian0%(0)
Other10.7%(99)
Diversity Score41%(379)
Diversity Score
41
+708%since 2000
from 5 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
34.4%
+1.7 ptssince 2000
from 32.7% in 2000
US average: 35.6%
High school or higher
98.8%
+5.2 ptssince 2000
from 93.6% in 2000
US average: 89.6%
Graduate degree
4.5%
−5.3 ptssince 2000
from 9.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
40.9 min
+100%since 2000
from 20.5 min in 2000
US average: 26.5
Drive alone to work
74.8%
+5.3 ptssince 2009
from 69.5% in 2009
US average: 68.9%
Carpooled to work
4.4%
−19.9 ptssince 2009
from 24.3% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
16.8%
+16.8 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
2.1%
+2.1 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
1.9%
+1.9 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.7%
+3.7 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
9.5%
+1.9 ptssince 2011
from 7.6% in 2011
US average: 5.2%
Labor force participation
65.1%
−13.8 ptssince 2011
from 78.8% in 2011
US average: 63.5%
Self-employed
11.4%
+5.7 ptssince 2009
from 5.7% in 2009
US average: 13.1%
Management & professional
32.0%
−35.3 ptssince 2009
from 67.3% in 2009
US average: 42.5%
Section 08

People & community

Male
47.2%
−1.7 ptssince 2009
from 49.0% in 2009
Female
52.8%
+1.7 ptssince 2009
from 51.0% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
19.9%
−26.4 ptssince 2009
from 46.3% in 2009
US average: 6.2%
With a disability
13.7%
−3.5 ptssince 2012
from 17.2% in 2012
US average: 13.3%
Uninsured
4.8%
−69.2 ptssince 2013
from 74.0% in 2013
US average: 8.4%
Broadband at home
94.5%
+7.1 ptssince 2017
from 87.4% in 2017
US average: 91.0%
English only at home
96.8%
−3.2 ptssince 2016
from 100.0% in 2016
US average: 77.7%
Spanish at home
3.2%
+3.2 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Compare Florence to nearby cities

FLORENCE VS
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Home value$473,100−3%
Population78,903+8449%
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FLORENCE VS
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FLORENCE VS
Butte-Silver Bow
Income$61,857−39%
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FLORENCE VS
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Income$63,415−38%
Home value$428,000−12%
Population31,851+3351%
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Frequently asked

How many people live in Florence, Montana?

Florence, Montana has about 923 residents according to the 2024 American Community Survey.

What is the median household income in Florence, Montana?

The typical household in Florence, Montana earns about $102,222 a year. Half of households make more than that, and half make less.

Is Florence, Montana expensive?

In Florence, Montana, the median home is worth about $486,000, and the typical rent is about $631 a month.

How educated are people in Florence, Montana?

About 34.4% of adults age 25 and over in Florence, Montana hold a bachelor's degree or higher.

What is the poverty rate in Florence, Montana?

About 6.1% of people in Florence, Montana live below the federal poverty line.

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

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