Florence, MA cityscape

01062

Florence, MA

Total Population
9,491
Median Household Income
$87,409
Median Home Value
$374,100
Median Rent
$1,083

Quick Facts & Insights

Key metrics and how they compare

Household Income
$87,409
100.3% above state median
Home Value
$374,100
101.5% above state median
Rent
$1,083
100% above state median
Median Age
49.6 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Florence, MA 01062

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Florence, MA

Median household income is 100% below state average, suggesting more affordable cost of living.

High education levels with 53.5% holding bachelor's degrees or higher, well above national average of 33%.

Mature population with median age of 49.6 years, likely more established households.

Strong job market with unemployment rate of 3.4%, below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$87,409
+16.3% vs US
vs State Median
+-100.3%
State: $-28,897,840
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.19 people

Total Households
4,178
Family Households
45.3%

Employment by Industry

Where residents work

#1 Industry
Education
35.2%
#2 Industry
Finance
27.5%
#3 Industry
Construction
11.6%
Total Employed Residents:2,480

Commute Patterns

How residents get to work

Short Commute
2.8%
Under 10 minutes
Long Commute
1.6%
Over 60 minutes
Work From Home
1.2%
46 workers
Public Transit
0.9%
33 workers
Total Commuting Workers:3,825
Commute Insights

Labor Force Statistics

Employment Rate
96.6%
4,632 employed
Labor Force
4,794
162 unemployed
Median Age
49.6 years
Per Capita Income
$54,029
Poverty Rate
10.1%

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