Florence County, South Carolina
Income Data
At a Glance
How Florence County Compares
Detailed Income Statistics
Data Story
About Household Income in Florence County, South Carolina
Florence earns below the national median
Florence County's median household income of $56,650 trails the national median of $74,755 by 24%, reflecting middle-to-lower economic standing relative to America. Per capita income of $31,803 falls just below national norms, indicating moderate earnings distribution. Florence represents a typical working-class community with room for economic growth.
Slightly below South Carolina average
Florence's median household income of $56,650 falls just shy of South Carolina's state average of $57,006, ranking it near the middle of the state's 46 counties. Per capita income of $31,803 lags the state average of $32,382 by 2%, suggesting relatively balanced income distribution. Florence occupies a stable, average position within South Carolina's economic landscape.
Similar earnings to Pee Dee region peers
Florence's $56,650 median income aligns closely with Darlington County and exceeds Dillon County's $44,038 by 28%. Marion County to the east earns comparably, while Sumter County to the west records slightly higher incomes. Florence anchors the middle tier of Pee Dee region prosperity.
Moderate housing cost burden
Florence's rent-to-income ratio of 19.2% indicates housing consumes just under one-fifth of household income—a reasonable but notable burden. Median home values of $165,500 are achievable for moderate-income families, particularly those building equity over decades. Florence offers balanced housing affordability relative to its income profile.
Steady earnings support gradual wealth growth
Florence households should emphasize consistent saving from stable employment, targeting homeownership as a primary wealth-building vehicle. Refinancing opportunities and down payment assistance programs can help residents access affordable mortgages. Local credit unions and community banks offer personalized guidance suited to Florence's working-class economy.
Frequently Asked Questions
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.