The median household income in Florence, KY in 2022 was $66,054, which was 10.2% greater than the median annual income of $59,341 across the entire state of Kentucky. Compared to the median income of $42,567 in 2000 this represents an increase of 35.6%. The per capita income in 2022 was $37,356, which means an increase of 45.3% compared to 2000 when it was $20,451.
Whole page based on the data from 2000 / 2022 when the population of Florence, Kentucky was 23,551 / 32,749
Income statistics for all residents
Median household income in Florence, KY in 2022:
Florence:
$66,055
State:
$59,341
Change in median household income between 2000 and 2022:
Florence, Kentucky:
+55.2%
Kentucky:
+76.2%
Number of households with income < $10k:
Florence:
2.8% (412)
State:
6.8% (123,697)
Number of households with income $10k - 20k:
Florence:
9.3% (1,350)
Kentucky:
10.0% (182,645)
Number of households with income $20k - 30k:
Florence:
6.4% (929)
State:
9.0% (164,092)
Number of households with income $30k - 40k:
Florence:
8.2% (1,190)
State:
9.1% (165,607)
Number of households with income $40k - 50k:
Florence:
7.6% (1,105)
Kentucky:
8.0% (146,315)
Number of households with income $50k - 60k:
Florence:
8.1% (1,171)
State:
7.7% (140,671)
Number of households with income $60k - 75k:
Florence:
14.4% (2,092)
Kentucky:
9.8% (180,002)
Number of households with income $75k - 100k:
Florence:
14.5% (2,099)
State:
12.6% (230,239)
Number of households with income $100k - 125k:
Florence:
9.3% (1,351)
Kentucky:
9.0% (164,398)
Number of households with income $125k - 150k:
Florence:
8.1% (1,176)
State:
5.9% (108,602)
Number of households with income $150k - 200k:
Florence:
6.0% (874)
Kentucky:
6.2% (112,813)
Number of households with income > $200k:
Florence:
5.3% (773)
State:
6.0% (109,599)
Aggregate household income in Florence in 2022: $1,204,984,127
Median family income in Florence in 2022:
Florence:
$75,732
State:
$76,119
Number of families with income < $10k:
Florence:
0.3% (27)
State:
4.3% (50,255)
Number of families with income $10k - 20k:
Florence:
3.2% (282)
State:
5.4% (62,899)
Number of families with income $20k - 30k:
Florence:
9.5% (822)
Kentucky:
6.5% (76,765)
Number of families with income $30k - 40k:
Florence:
7.6% (663)
State:
8.1% (95,183)
Number of families with income $40k - 50k:
Florence:
8.1% (705)
Kentucky:
7.1% (83,575)
Number of families with income $50k - 60k:
Florence:
8.6% (745)
State:
7.4% (86,258)
Number of families with income $60k - 75k:
Florence:
13.2% (1,146)
Kentucky:
10.3% (121,229)
Number of families with income $75k - 100k:
Florence:
12.1% (1,052)
State:
14.7% (172,722)
Number of families with income $100k - 125k:
Florence:
12.7% (1,104)
State:
11.5% (134,935)
Number of families with income $125k - 150k:
Florence:
9.3% (808)
State:
7.9% (93,107)
Number of families with income $150k - 200k:
Florence:
9.0% (781)
State:
8.4% (98,984)
Number of families with income > $200k:
Florence:
6.4% (554)
State:
8.2% (96,213)
Median non-family income in Florence in 2022:
Florence:
$46,011
State:
$33,993
Change in median non-family income between 2000 and 2022:
Florence, Kentucky:
+88.5%
State:
+79.2%
Median per capita income in Florence in 2022:
Florence:
$37,356
State:
$33,980
Change in median per capita income between 2000 and 2022:
Florence, Kentucky:
+82.7%
Kentucky:
+87.8%
Income statistics for White residents
Median household income in Florence, KY in 2022:
Florence:
$64,729
Kentucky:
$60,987
Change in median household income between 2000 and 2022:
Florence, Kentucky:
+51.9%
State:
+76.2%
Number of households with income < $10k:
Florence:
3.0% (375)
State:
6.2% (96,690)
Number of households with income $10k - 20k:
Florence:
9.7% (1,203)
Kentucky:
9.7% (151,125)
Number of households with income $20k - 30k:
Florence:
7.3% (914)
Kentucky:
8.9% (139,532)
Number of households with income $30k - 40k:
Florence:
7.6% (949)
Kentucky:
9.1% (142,284)
Number of households with income $40k - 50k:
Florence:
8.2% (1,014)
State:
7.7% (121,151)
Number of households with income $50k - 60k:
Florence:
7.9% (977)
Kentucky:
7.7% (119,790)
Number of households with income $60k - 75k:
Florence:
13.2% (1,648)
State:
9.9% (154,174)
Number of households with income $75k - 100k:
Florence:
13.8% (1,715)
State:
12.8% (199,740)
Number of households with income $100k - 125k:
Florence:
10.3% (1,280)
State:
9.4% (146,284)
Number of households with income $125k - 150k:
Florence:
7.5% (939)
State:
6.0% (94,180)
Number of households with income $150k - 200k:
Florence:
6.0% (749)
Kentucky:
6.4% (100,702)
Number of households with income > $200k:
Florence:
5.4% (676)
State:
6.3% (98,502)
Aggregate household income in Florence in 2022: $1,031,945,532
Median family income in Florence in 2022:
Florence:
$77,090
State:
$78,353
Number of families with income < $10k:
Florence:
0.2% (16)
Kentucky:
3.7% (37,075)
Number of families with income $10k - 20k:
Florence:
3.3% (244)
State:
4.9% (49,864)
Number of families with income $20k - 30k:
Florence:
9.6% (709)
Kentucky:
6.4% (64,043)
Number of families with income $30k - 40k:
Florence:
7.4% (544)
State:
8.0% (81,080)
Number of families with income $40k - 50k:
Florence:
8.6% (639)
Kentucky:
6.9% (69,099)
Number of families with income $50k - 60k:
Florence:
8.1% (597)
Kentucky:
7.2% (72,955)
Number of families with income $60k - 75k:
Florence:
13.0% (964)
State:
10.4% (104,587)
Number of families with income $75k - 100k:
Florence:
12.1% (896)
Kentucky:
15.0% (151,545)
Number of families with income $100k - 125k:
Florence:
13.8% (1,022)
State:
11.9% (120,340)
Number of families with income $125k - 150k:
Florence:
8.8% (651)
State:
8.1% (81,620)
Number of families with income $150k - 200k:
Florence:
8.9% (662)
State:
8.8% (89,097)
Number of families with income > $200k:
Florence:
6.2% (458)
Kentucky:
8.6% (86,849)
Median non-family income in Florence in 2022:
Florence:
$44,684
State:
$34,415
Change in median non-family income between 2000 and 2022:
Florence, Kentucky:
+85.8%
State:
+78.3%
Median per capita income in Florence in 2022:
Florence:
$38,264
Kentucky:
$35,352
Change in median per capita income between 2000 and 2022:
Florence, Kentucky:
+89.5%
State:
+90.2%
Income statistics for Black or African American residents
Median household income in Florence, KY in 2022:
Florence:
$56,851
Kentucky:
$43,977
Change in median household income between 2000 and 2022:
Florence, Kentucky:
+78.7%
State:
+81.1%
Number of households with income < $10k:
Florence:
2.6% (20)
State:
12.3% (17,072)
Number of households with income $10k - 20k:
Florence:
15.1% (118)
State:
13.6% (18,796)
Number of households with income $20k - 30k:
Florence:
4.9% (38)
State:
10.9% (15,069)
Number of households with income $30k - 40k:
Florence:
10.3% (81)
State:
9.0% (12,510)
Number of households with income $40k - 50k:
Florence:
16.3% (128)
Kentucky:
10.2% (14,121)
Number of households with income $50k - 60k:
Florence:
1.9% (15)
Kentucky:
8.1% (11,147)
Number of households with income $60k - 75k:
Florence:
22.1% (173)
State:
8.9% (12,361)
Number of households with income $75k - 100k:
Florence:
16.9% (132)
Kentucky:
10.1% (14,009)
Number of households with income $100k - 125k:
Florence:
2.4% (19)
Kentucky:
6.1% (8,400)
Number of households with income $125k - 150k:
Florence:
6.1% (48)
State:
4.3% (5,950)
Number of households with income $150k - 200k:
Florence:
0.0% (0)
State:
4.0% (5,560)
Number of households with income > $200k:
Florence:
1.4% (11)
State:
2.5% (3,413)
Aggregate household income in Florence in 2022: $47,754,107
Median family income in Florence in 2022:
Florence:
$54,395
State:
$54,745
Number of families with income < $10k:
Florence:
7.0% (26)
Kentucky:
10.8% (8,429)
Number of families with income $10k - 20k:
Florence:
13.0% (48)
Kentucky:
8.3% (6,488)
Number of families with income $20k - 30k:
Florence:
8.1% (30)
State:
8.4% (6,585)
Number of families with income $30k - 40k:
Florence:
15.3% (57)
State:
9.2% (7,211)
Number of families with income $40k - 50k:
Florence:
7.9% (30)
Kentucky:
9.2% (7,186)
Number of families with income $50k - 60k:
Florence:
3.6% (13)
Kentucky:
9.4% (7,355)
Number of families with income $60k - 75k:
Florence:
13.4% (50)
State:
9.3% (7,238)
Number of families with income $75k - 100k:
Florence:
10.3% (38)
State:
11.3% (8,866)
Number of families with income $100k - 125k:
Florence:
5.6% (21)
State:
8.4% (6,549)
Number of families with income $125k - 150k:
Florence:
13.3% (49)
Kentucky:
6.4% (5,019)
Number of families with income > $200k:
Florence:
2.5% (9)
State:
3.1% (2,439)
Median non-family income in Florence in 2022:
Florence:
$37,975
State:
$27,637
Change in median non-family income between 2000 and 2022:
Florence, Kentucky:
+40.3%
State:
+76.6%
Median per capita income in Florence in 2022:
Florence:
$31,212
Kentucky:
$27,117
Change in median per capita income between 2000 and 2022:
Florence, Kentucky:
+43.6%
Kentucky:
+104.9%
Income statistics for Asian residents
Median household income in Florence, KY in 2022:
Florence:
$63,899
State:
$84,447
Change in median household income between 2000 and 2022:
Florence, Kentucky:
+29.7%
Kentucky:
+82.7%
Number of households with income < $10k:
Florence:
0.0% (0)
State:
5.6% (1,233)
Number of households with income $10k - 20k:
Florence:
0.0% (0)
Kentucky:
9.0% (1,974)
Number of households with income $20k - 30k:
Florence:
3.7% (10)
State:
3.2% (700)
Number of households with income $30k - 40k:
Florence:
0.0% (0)
State:
5.4% (1,181)
Number of households with income $40k - 50k:
Florence:
27.0% (72)
Kentucky:
6.9% (1,517)
Number of households with income $50k - 60k:
Florence:
4.5% (12)
State:
9.9% (2,187)
Number of households with income $60k - 75k:
Florence:
15.7% (42)
Kentucky:
5.3% (1,173)
Number of households with income $75k - 100k:
Florence:
11.6% (31)
State:
15.3% (3,377)
Number of households with income $100k - 125k:
Florence:
0.0% (0)
State:
10.1% (2,234)
Number of households with income $125k - 150k:
Florence:
19.5% (52)
Kentucky:
8.9% (1,949)
Number of households with income $150k - 200k:
Florence:
9.7% (26)
Kentucky:
6.6% (1,463)
Number of households with income > $200k:
Florence:
8.2% (22)
State:
13.8% (3,028)
Aggregate household income in Florence in 2022: $31,272,431
Median non-family income in Florence in 2022:
Florence:
$37,648
State:
$44,541
Change in median non-family income between 2000 and 2022:: -4.7%
Florence, Kentucky:
-4.7%
Kentucky:
+83.8%
Median per capita income in Florence in 2022:
Florence:
$37,156
Kentucky:
$42,939
Change in median per capita income between 2000 and 2022:: -13.7%
Florence, Kentucky:
-13.7%
State:
+76.3%
Income statistics for Hispanic or Latino residents
Median household income in Florence, KY in 2022:
Florence:
$62,787
State:
$57,971
Change in median household income between 2000 and 2022:
Florence, Kentucky:
+74.3%
State:
+96.2%
Number of households with income < $10k:
Florence:
0.0% (0)
State:
7.0% (3,568)
Number of households with income $10k - 20k:
Florence:
0.0% (0)
State:
5.5% (2,811)
Number of households with income $20k - 30k:
Florence:
3.3% (12)
State:
9.1% (4,637)
Number of households with income $30k - 40k:
Florence:
15.5% (56)
State:
10.0% (5,109)
Number of households with income $40k - 50k:
Florence:
2.2% (8)
State:
10.3% (5,241)
Number of households with income $50k - 60k:
Florence:
6.9% (25)
Kentucky:
9.1% (4,609)
Number of households with income $60k - 75k:
Florence:
32.0% (116)
State:
12.4% (6,299)
Number of households with income $75k - 100k:
Florence:
15.7% (57)
State:
12.9% (6,562)
Number of households with income $100k - 125k:
Florence:
0.0% (0)
State:
8.0% (4,066)
Number of households with income $125k - 150k:
Florence:
0.0% (0)
State:
5.3% (2,685)
Number of households with income $150k - 200k:
Florence:
7.7% (28)
State:
4.3% (2,173)
Number of households with income > $200k:
Florence:
16.6% (60)
State:
6.1% (3,099)
Aggregate household income in Florence in 2022: $31,572,572
Median non-family income in Florence in 2022:
Florence:
$74,113
Kentucky:
$43,780
Change in median non-family income between 2000 and 2022:
Florence, Kentucky:
+46.6%
Kentucky:
+112.1%
Median per capita income in Florence in 2022:
Florence:
$25,979
State:
$24,650
Change in median per capita income between 2000 and 2022:
Florence, Kentucky:
+93.6%
State:
+106.1%
Income statistics for Multirace residents
Median household income in Florence, KY in 2022:
Florence:
$92,321
State:
$56,359
Number of households with income < $10k:
Florence:
0.0% (0)
Kentucky:
8.3% (6,780)
Number of households with income $10k - 20k:
Florence:
6.9% (50)
State:
11.0% (9,005)
Number of households with income $20k - 30k:
Florence:
2.1% (15)
Kentucky:
8.6% (7,004)
Number of households with income $30k - 40k:
Florence:
22.3% (162)
Kentucky:
9.0% (7,406)
Number of households with income $40k - 50k:
Florence:
0.4% (3)
State:
8.2% (6,707)
Number of households with income $50k - 60k:
Florence:
0.0% (0)
State:
7.4% (6,048)
Number of households with income $60k - 75k:
Florence:
20.6% (150)
State:
11.2% (9,202)
Number of households with income $75k - 100k:
Florence:
21.8% (159)
State:
11.9% (9,767)
Number of households with income $100k - 125k:
Florence:
6.3% (46)
Kentucky:
7.1% (5,846)
Number of households with income $125k - 150k:
Florence:
13.0% (95)
Kentucky:
6.9% (5,667)
Number of households with income $150k - 200k:
Florence:
4.5% (33)
Kentucky:
5.1% (4,171)
Number of households with income > $200k:
Florence:
2.1% (15)
State:
5.2% (4,241)
Aggregate household income in Florence in 2022: $77,651,919
Median family income in Florence in 2022:
Florence:
$103,378
State:
$67,296
Number of families with income $40k - 50k:
Florence:
1.4% (3)
State:
8.1% (4,469)
Number of families with income $60k - 75k:
Florence:
10.0% (20)
State:
11.4% (6,256)
Number of families with income $75k - 100k:
Florence:
26.0% (52)
State:
13.8% (7,574)
Number of families with income $100k - 125k:
Florence:
24.6% (49)
Kentucky:
8.8% (4,835)
Number of families with income $125k - 150k:
Florence:
13.2% (26)
State:
7.7% (4,222)
Number of families with income $150k - 200k:
Florence:
16.3% (33)
Kentucky:
6.5% (3,563)
Number of families with income > $200k:
Florence:
8.4% (17)
Kentucky:
7.1% (3,913)
Median per capita income in Florence in 2022:
Florence:
$43,244
Kentucky:
$25,670
Income statistics for other residents
Number of households with income < $10k:
Florence:
0.0% (0)
Kentucky:
7.2% (1,360)
Number of households with income $10k - 20k:
Florence:
0.0% (0)
State:
8.0% (1,524)
Number of households with income $20k - 30k:
Florence:
6.5% (15)
State:
8.6% (1,635)
Number of households with income $30k - 40k:
Florence:
19.5% (45)
Kentucky:
11.1% (2,110)
Number of households with income $40k - 50k:
Florence:
2.6% (6)
Kentucky:
12.0% (2,269)
Number of households with income $50k - 60k:
Florence:
8.2% (19)
State:
5.1% (964)
Number of households with income $60k - 75k:
Florence:
15.2% (35)
State:
13.0% (2,456)
Number of households with income $75k - 100k:
Florence:
12.6% (29)
State:
17.5% (3,305)
Number of households with income $100k - 125k:
Florence:
0.0% (0)
State:
7.6% (1,433)
Number of households with income $125k - 150k:
Florence:
0.0% (0)
State:
3.4% (649)
Number of households with income $150k - 200k:
Florence:
24.2% (56)
State:
4.4% (833)
Number of households with income > $200k:
Florence:
11.3% (26)
Kentucky:
2.1% (395)
Aggregate household income in Florence in 2022: $22,141,909
Median per capita income in Florence in 2022:
Florence:
$31,224
State:
$20,913
Change in median per capita income between 2000 and 2022:
Florence, Kentucky:
+139.7%
State:
+98.1%
Discuss Florence, Kentucky (KY) on our hugely popular Kentucky forum.
-4.7%
+83.8%
