Florence, a city located in the state of Alabama (AL), is home to a population of approximately 81,268 people. Florence boasts a median age of 34.9, with around 23.8% of its residents aged 60 or above. 7.1% of the population identifies as US Veterans. 16% of Florence residents are disabled. The city has an average household income of $47,048, while the unemployment rate stands at 5.7%, and around 19.9% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Florence is $167,559, with a monthly rent averaging $757.