Florence, MT demographics:
population, income, and more
Florence population
How many people live in Florence
Florence is home to 923 residents, according to the most recent Census data. Gender-wise, 47.2% of Florence locals are male, and 52.8% are female.
Age demographics
The median age in Florence is 58, with the population distributed as follows: about 13.5% are children under 15, then 6.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 18.2% of the population, while another 34.7% fall into the 45 to 64 bracket. Finally, around 26.9% are 65 or older.
Racial makeup
There’s also a share of 13.8% that includes residents with two or more races.
Households in Florence
A peek inside Florence households
Florence has 402 households, with an average of 2 members in each. Of these, 70.2% are families, while the remaining 29.8% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Florence
The housing landscape of Florence
Florence's housing consists of 402 units, with 85.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 8.7% of the housing landscape.
The age of buildings in Florence
In Florence, the median construction year is 1984. Most development happened in the second half of the 20th century.
Florence occupancy rates
Out of the 402 occupied housing units in Florence, 88.3% are owner-occupied, while 11.7% are lived in by tenants.
Florence housing costs
Housing costs in Florence come to a median of $991 per month, while tenants specifically pay a median gross rent of $631.
Education in Florence
Florence education at a glance
About 40.6% of the population in Florence went to high school, while 20.4% pursued college studies. Another 7% earned an associate degree and 27.8% hold a bachelor’s. Meanwhile, 4.2% went even further, earning a master’s or doctorate.
Income in Florence
How much people earn in Florence
The average annual household income in Florence was $104,099 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +17.2% change from the previous year. At the same time, the median income stood at $102,222, reflecting a +4.5% shift over the same period.
Florence income by age
In Florence, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $115,144. Those with someone between 45 and 64 in charge, often well established professionally, earn $128,974 overall. Overall, 93.7% of the locals in this community live above the poverty line.
Employment in Florence
Workforce and job types in Florence
The job market in Florence is powered by 465 working residents, spread across a range of industries and roles. 68.8% of the working population are employed in professional or administrative positions, while 31.2% are in hands-on or service-based jobs. Also, 9.5% run their own businesses, 54.4% are employed by private companies, and 7.1% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Florence stands at 9.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Florence
How people get around in Florence
Commuting methods vary: 79.2% of residents travel by personal vehicle and 2.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Florence by zipcode?
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FAQs about Florence demographics
What is the total population of Florence?
What is the gender ratio in Florence?
- 47.2% males (436 residents)
- 52.8% females (487 residents)
What is the median age in Florence?
What is the age distribution of the population in Florence?
- Under 15: 13.5% (125 residents)
- Ages 15-24: 6.7% (62 residents)
- Ages 25-44: 18.2% (168 residents)
- Ages 45-64: 34.7% (320 residents)
- Over 65: 26.9% (248 residents)
What is the racial and ethnic makeup of Florence?
- White: 83.2% (768 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 13.8% (127 residents)
- Other: 3% (28 residents)
What percentage of the population in Florence are U.S.-born citizens?
How many housing units are there in Florence?
How many households are in Florence and what is the average household size?
What is the median household income in Florence?
What is the employment rate and job market overview for Florence?
Job types:
- White-collar workers: 68.8% (320 residents)
- Blue-collar workers: 31.2% (145 residents)
Places of employment:
- Self-employed: 9.5% (44 residents)
- Private companies: 54.4% (253 residents)
- Governmental workers: 7.1% (33 residents)
- Not-for-profit companies: 29% (135 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.