Florence, WI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Florence, WI: Quick Facts & Overview
- Population: 488 residents (70 people per sq. mi.)
- Average House Price: $103,281
- Average Household Income: $40,368
Florence, WI is located in the state of Wisconsin. It is home to about 488 people, with around 70 residents living in every square mile.
If you want to buy a house in Florence, the average price is around $103,281. That makes local housing 59% lower than the Wisconsin average of $249,904, and 67% lower than the national average of $308,592.
The average household in Florence earns about $40,368 a year. This income is 48% lower than the average family in Wisconsin ($78,109), and 49% lower than the national average ($78,686).
Population
488
Median Household Income
$40,368
Median Home Value
$103,281
Median Age
47.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,200 |
| Labor Force Participation | 52.7% |
| Unemployment Rate | 4.2% |
| Average Commute Time | 12.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 71.6% |
| Median Rent | $545 |
| Rent Burdened (>30% Income) | 28.7% |
| Total Housing Units | 243 |
Additional Census & Housing Profile
Geographic Overview
| County | Florence |
| County FIPS | 55037 |
| Metro Area (CBSA) | Iron Mountain, MI-WI |
| Combined Area (CSA) | Marinette-Iron Mountain, WI-MI |
| Population Density | 69.6/sq mi |
| Coordinates (lat/lng) | 45.9266, -88.2463 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.02 |
| Dual Income Families | 7.6% |
Marital Status
| Married | 11.4% |
| Never Married | 43.3% |
| Divorced | 30.7% |
| Widowed | 14.7% |
Gender
| Male | 55.5% |
| Female | 44.5% |
Health & Poverty
| Uninsured Rate (Health) | 2.3% |
| Poverty Rate | 15.0% |
Key Population Groups
| Veterans | 13.6% |
| Disabled Population | 19.8% |
| Limited English Proficiency | - |
All ZIP Codes in Florence
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 54121 | 3,257 | $58,750 | $192,966 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Alpha, MI | 10.3 miles | 215 |
| Kingsford, MI | 10.9 miles | 5,124 |
| Iron Mountain, MI | 11.3 miles | 7,518 |
| Crystal Falls, MI | 12.4 miles | 1,719 |
| Quinnesec, MI | 14.8 miles | 892 |
| Niagara, WI | 15.6 miles | 1,464 |
| Norway, MI | 18.2 miles | 2,833 |
| Gaastra, MI | 19.4 miles | 296 |
| Caspian, MI | 20.6 miles | 600 |
| Goodman, WI | 21.6 miles | 170 |
| Iron River, MI | 22.2 miles | 3,002 |
| Amasa, MI | 23.3 miles | 253 |
| Pembine, WI | 23.5 miles | 269 |
| Amberg, WI | 31.6 miles | 185 |
| Laona, WI | 32.5 miles | 631 |
| Hermansville, MI | 34.2 miles | 666 |
| Republic, MI | 34.8 miles | 519 |
| Powers, MI | 38.4 miles | 360 |
| Wabeno, WI | 39.1 miles | 269 |
| Crandon, WI | 40 miles | 1,365 |
| Wausaukee, WI | 40.4 miles | 531 |
| Carney, MI | 40.5 miles | 177 |
| Three Lakes, MI | 42.5 miles | 172 |
| Michigamme, MI | 42.8 miles | 229 |
| Daggett, MI | 44.6 miles | 174 |
| Covington, MI | 44.8 miles | 112 |
| Lakewood, WI | 45.2 miles | 182 |
| Three Lakes, WI | 45.3 miles | 410 |
| Gwinn, MI | 45.8 miles | 1,435 |
| West Ishpeming, MI | 46.3 miles | 2,851 |
| Mole Lake, WI | 46.8 miles | 533 |
| Stephenson, MI | 46.9 miles | 902 |
| Ishpeming, MI | 47.6 miles | 6,181 |
| Palmer, MI | 47.8 miles | 309 |
| Eagle River, WI | 48.5 miles | 1,528 |
| Crivitz, WI | 49.3 miles | 993 |
| Negaunee, MI | 50.2 miles | 4,656 |
| K. I. Sawyer, MI | 50.5 miles | 2,817 |