Florence, AL
41,701Residents
$52,174Median household income
$820/moMedian gross rent
$196,300Median home value
35.1Median age
35%Adults with a bachelor’s degree or higher
52%Homes lived in by their owners
3.8×Home value to household income
Median rent takes about 19% of the median household income in Florence.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Alabama that leaves roughly $2,268 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.