Here's what it costs to live in Florence, South Carolina, based on the latest US government data. Renters pay a median of $992 per month, while the typical home is valued around $211,400. Households earn a median of $56,143 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$56,143
Median Income / yr
Census ACS
$992
Median Rent / mo
Census ACS
$211,400
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$948
HUD · FY2024
1BR Fair Market Rent
$953
HUD · FY2024
2BR Fair Market Rent
$1,117
HUD · FY2024
3BR Fair Market Rent
$1,434
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
40,408
Latest estimate
Median Age
37.8 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$922
Per month
Avg Home Value
$151,900
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 29161 | — | $869 | $119,000 |
| ZIP 29501 | — | $922 | $209,200 |
| ZIP 29505 | — | $1,104 | $164,500 |
| ZIP 29506 | — | $753 | $104,400 |
| ZIP 29541 | — | $964 | $162,400 |
January Avg
47°F
July Avg
82°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.2
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
92.9%
The cost of living index for Florence is not yet available.
The median gross rent in Florence is $992 per month according to US Census ACS data.
The median household income in Florence is $56,143 per year.
The median home value in Florence is $211,400 based on the latest Census ACS survey.
Air quality data for Florence is not yet available.
Tax data for South Carolina is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology