Department of Numbers

Florence South Carolina Household Income

The Census ACS 1-year survey reports that the median household income for the Florence South Carolina metro area was $42,200 in 2016, the latest figures available. Florence median household income is $7,301 lower than the median South Carolina household income and $15,417 less than the US median household income. 2017 metro income data (including Florence median household income) will be released in September of 2018. Median family and per capita income for Florence are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Florence South Carolina

2016 1 Year Change 3 Year Change
US $57,617 +2.01% +7.02%
South Carolina $49,501 +3.48% +8.78%
Florence $42,200 +9.49% +6.16%

Trends in Florence, SC Real Median Household Income since 2005

The current median household income for Florence is $42,200. Real median household income peaked in 2007 at $47,366 and is now $5,166 (10.91%) lower. From a post peak low of $38,543 in 2015, real median household income for Florence has now grown by $3,657 (9.49%).

Real Median Household Income: Florence, South Carolina, National

Historical Inflation Adjusted Median Household Income for Florence

Date US South Carolina Florence
2016 $57,617 $49,501 $42,200
2015 $56,480 $47,835 $38,543
2014 $54,398 $45,863 $40,693
2013 $53,838 $45,506 $39,750
2012 $53,701 $45,062 $39,894
2011 $53,879 $45,200 $42,633
2010 $55,093 $46,255 $41,381
2009 $56,180 $47,478 $42,819
2008 $58,000 $49,746 $44,893
2007 $58,736 $50,157 $47,366
2006 $57,677 $48,926 $45,159
2005 $56,832 $48,320 $44,430

Florence Family Income

The ACS 1-year data shows the median family income for Florence was $55,608 in 2016. Compared to the median South Carolina family income, Florence median family income is $5,927 lower. As with the median household income data, 2017 family income data for Florence will be released in September of 2018.

Show dollars as: Nominal Real

Real Median Family Income for Florence South Carolina

2016 1 Year Change 3 Year Change
US $71,062 +2.81% +7.71%
South Carolina $61,535 +2.51% +9.20%
Florence $55,608 +7.50% +14.51%

Trends in Florence, SC Real Median Family Income since 2005

The current median family income for Florence is $55,608. Real median family income peaked in 2007 at $58,259 and is now $2,651 (4.55%) lower. From a post peak low of $48,563 in 2013, real median family income for Florence has now grown by $7,045 (14.51%).

Real Median Family Income: Florence, South Carolina, National

Historical Inflation Adjusted Median Family Income for Florence

Date US South Carolina Florence
2016 $71,062 $61,535 $55,608
2015 $69,122 $60,031 $51,726
2014 $66,820 $57,271 $52,932
2013 $65,977 $56,349 $48,563
2012 $65,363 $55,156 $49,501
2011 $65,564 $55,733 $52,063
2010 $66,721 $56,918 $48,723
2009 $68,329 $58,624 $55,495
2008 $70,638 $62,052 $51,765
2007 $70,813 $61,251 $58,259
2006 $69,670 $59,918 $53,893
2005 $68,618 $59,115 $54,079

Florence Per Capita Income

The ACS 1-year survey shows the per capita income for Florence was $23,104 in 2016. Compared to the median South Carolina per capita income, Florence median per capita income is $3,912 lower. As with the median household and median family income numbers above, 2017 per capita income data for Florence will be released in September of 2018.

Show dollars as: Nominal Real

Real Per Capita Income for Florence South Carolina

2016 1 Year Change 3 Year Change
US $31,128 +2.54% +7.19%
South Carolina $27,016 +4.10% +10.69%
Florence $23,104 -0.01% +7.08%

Trends in Florence, SC Real Per Capita Income since 2005

The current per capita income for Florence is $23,104. Real per capita income peaked in 2007 at $24,616 and is now $1,512 (6.14%) lower. From a post peak low of $21,575 in 2014, real per capita income for Florence has now grown by $1,529 (7.09%).

Real Per Capita Income: Florence, South Carolina, National

Historical Real Per Capita Income for Florence

Date US South Carolina Florence
2016 $31,128 $27,016 $23,104
2015 $30,358 $25,951 $23,107
2014 $29,288 $24,936 $21,575
2013 $29,041 $24,407 $21,576
2012 $28,558 $24,457 $21,970
2011 $28,494 $24,109 $22,202
2010 $28,687 $24,359 $22,055
2009 $29,542 $25,180 $22,993
2008 $30,755 $26,421 $23,709
2007 $30,894 $26,783 $24,616
2006 $30,078 $26,040 $22,832
2005 $30,768 $26,467 $24,530