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Florence, CO&

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Population
3,891
0.18% growth
Median Age
37.2
Median Household Income
$37,153
2.58% growth
Poverty Rate
20.9%
Number of Employees
1,509
8.33% growth
Median Property Value
$116,700
0.26% decline

Economy

The economy of Florence, CO employs 1,509 people. The economy of Florence, CO is specialized in Public Admin.; Utilities; and Admin., Support, Waste Management Services, which employ respectively 4.13; 3.58; and 3.07 times more people than what would be expected in a location of this size. The largest industries in Florence, CO are Public Admin. (292), Healthcare & Social Assistance (234), and Admin., Support, Waste Management Services (208), and the highest paying industries are Finance & Insurance ($52,188), Admin., Support, Waste Management Services ($37,022), and Healthcare & Social Assistance ($28,405).

Median household income in Florence, CO is $37,153. Males in Florence, CO have an average income that is 1.24 times higher than the average income of females, which is $45,206. The income inequality of Florence, CO (measured using the Gini index) is 0.456 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Florence, CO. In Fremont County, CO the age groups most likely to have health care coverage are 55-64 and 55-64, men and women, respectively. The location has a 1 to 52 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $7,381. Logan County, CO has the highest prevalence of homicides of any county in Colorado.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Florence, CO is from the county of Fremont County, CO.

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Diversity

Florence, CO is home to a population of 3,891 people, from which 100% are citizens. The ethnic composition of the population of Florence, CO is composed of 3,428 White residents (88.1%), 435 Hispanic residents (11.2%), 18 Two+ residents (0.46%), 6 Native residents (0.15%), and 4 Black residents (0.1%). The most common foreign languages in Florence, CO are Spanish (73 speakers), French (0 speakers), and French Creole (0 speakers), but compared to other places, Florence, CO has a relative high number of Spanish (73 speakers), French Creole (0 speakers), and French (0 speakers).

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Veterans

Education

In 2015 universities in Colorado awarded 89,945 degrees. The student population of Colorado is skewed towards females, with 39,238 male students and 50,707 female students. Most students in Colorado are White (57,614 and 64.1%), followed by Hispanic or Latino (12,228 and 13.6%), Unknown (5,568 and 6.19%), and Black or African American (5,287 and 5.88%). The largest universities in Colorado by number of graduates are University of Colorado Boulder (7,682 and 8.54%), Colorado State University-Fort Collins (7,361 and 8.18%), and Colorado Technical University-Online (5,016 and 5.58%). The most popular majors in Colorado are General Business Administration & Management (4,736 and 5.27%), General Psychology (1,885 and 2.1%), and Registered Nursing (1,849 and 2.06%). The median tuition costs in Colorado are $45,288 for private four year colleges, and $7,067 and $18,859 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Florence, CO is $116,700, which is 0.57 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $117,000 to $116,700, a 0.26% increase. The homeownership rate of Florence, CO is 70.3%, which is higher than the national average of 63.6%. People in Florence, CO have an average commute time of 22.2 minutes, and they commute by Drove Alone. Car ownership in Florence, CO is approximately the same as the national average, with an average of 2 cars per household.

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Keep Exploring

United States
nation
Colorado
state
Fremont County
county
Cañon City, CO
metropolitan statistical area
Fremont, Chaffee, Park, Lake, Huerfano, Pueblo (Southwest) & Custer Counties PUMA
public use microdata area
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