Florence-Muscle Shoals Alabama Household Income
The Census ACS 1-year survey reports that the median household income for the Florence-Muscle Shoals Alabama metro area was $45,287 in 2016, the latest figures available. Florence median household income is $970 lower than the median Alabama household income and $12,330 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-Muscle Shoals are shown below.
Real Median Household Income for Florence Alabama
| 2016 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $57,617 | +2.01% | +7.02% |
| Alabama | $46,257 | +2.04% | +4.77% |
| Florence | $45,287 | +7.64% | +2.45% |
Trends in Florence, AL Real Median Household Income since 2005
At $45,287, the median household income for Florence was at a new inflation adjusted high in 2016.
Real Median Household Income: Florence, Alabama, National
Historical Inflation Adjusted Median Household Income for Florence
| Date | US | Alabama | Florence |
|---|---|---|---|
| 2016 | $57,617 | $46,257 | $45,287 |
| 2015 | $56,480 | $45,331 | $42,072 |
| 2014 | $54,398 | $43,421 | $42,171 |
| 2013 | $53,838 | $44,152 | $44,202 |
| 2012 | $53,701 | $43,460 | $43,330 |
| 2011 | $53,879 | $44,184 | $40,539 |
| 2010 | $55,093 | $44,555 | $41,433 |
| 2009 | $56,180 | $45,293 | $42,197 |
| 2008 | $58,000 | $47,563 | $43,963 |
| 2007 | $58,736 | $46,945 | $42,792 |
| 2006 | $57,677 | $46,168 | $44,621 |
| 2005 | $56,832 | $45,325 | $41,023 |
Florence Family Income
The ACS 1-year data shows the median family income for Florence was $62,293 in 2016. Compared to the median Alabama family income, Florence median family income is $2,529 higher. As with the median household income data, 2017 family income data for Florence will be released in September of 2018.
Real Median Family Income for Florence Alabama
| 2016 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $71,062 | +2.81% | +7.71% |
| Alabama | $59,764 | +3.25% | +7.32% |
| Florence | $62,293 | +12.72% | +14.42% |
Trends in Florence, AL Real Median Family Income since 2005
At $62,293, the median family income for Florence was at a new inflation adjusted high in 2016.
Real Median Family Income: Florence, Alabama, National
Historical Inflation Adjusted Median Family Income for Florence
| Date | US | Alabama | Florence |
|---|---|---|---|
| 2016 | $71,062 | $59,764 | $62,293 |
| 2015 | $69,122 | $57,882 | $55,264 |
| 2014 | $66,820 | $54,506 | $52,589 |
| 2013 | $65,977 | $55,688 | $54,442 |
| 2012 | $65,363 | $55,090 | $58,230 |
| 2011 | $65,564 | $55,468 | $53,427 |
| 2010 | $66,721 | $55,514 | $52,871 |
| 2009 | $68,329 | $56,804 | $56,052 |
| 2008 | $70,638 | $60,498 | $60,123 |
| 2007 | $70,813 | $58,771 | $52,569 |
| 2006 | $69,670 | $58,577 | $60,860 |
| 2005 | $68,618 | $56,640 | $54,325 |
Florence Per Capita Income
The ACS 1-year survey shows the per capita income for Florence was $24,171 in 2016. Compared to the median Alabama per capita income, Florence median per capita income is $1,639 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.
Real Per Capita Income for Florence Alabama
| 2016 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $31,128 | +2.54% | +7.19% |
| Alabama | $25,810 | +2.90% | +7.12% |
| Florence | $24,171 | -5.17% | +2.85% |
Trends in Florence, AL Real Per Capita Income since 2005
The current per capita income for Florence is $24,171. Real per capita income peaked in 2015 at $25,488 and is now $1,317 (5.17%) lower.
Real Per Capita Income: Florence, Alabama, National
Historical Real Per Capita Income for Florence
| Date | US | Alabama | Florence |
|---|---|---|---|
| 2016 | $31,128 | $25,810 | $24,171 |
| 2015 | $30,358 | $25,082 | $25,488 |
| 2014 | $29,288 | $23,932 | $23,598 |
| 2013 | $29,041 | $24,095 | $23,502 |
| 2012 | $28,558 | $23,850 | $24,067 |
| 2011 | $28,494 | $24,230 | $22,567 |
| 2010 | $28,687 | $24,211 | $22,686 |
| 2009 | $29,542 | $25,001 | $23,109 |
| 2008 | $30,755 | $26,014 | $24,945 |
| 2007 | $30,894 | $25,891 | $25,018 |
| 2006 | $30,078 | $25,320 | $24,624 |
| 2005 | $30,768 | $26,016 | $23,904 |
