Department of Numbers

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 $49,407 in 2018, the latest figures available. Florence median household income is $454 lower than the median Alabama household income and $12,530 less than the US median household income. 2019 metro income data (including Florence median household income) will be released in September of 2020. Median family and per capita income for Florence-Muscle Shoals are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Florence Alabama

2018 1 Year Change 3 Year Change
US $61,937 +0.21% +4.77%
Alabama $49,861 +1.15% +5.09%
Florence $49,407 +5.07% +12.20%

Trends in Florence, AL Real Median Household Income since 2005

At $49,407, the median household income for Florence was at a new inflation adjusted high in 2018.

Real Median Household Income: Florence, Alabama, National

Historical Inflation Adjusted Median Household Income for Florence

Date US Alabama Florence
2018 $61,937 $49,861 $49,407
2017 $61,807 $49,296 $47,022
2016 $60,291 $48,404 $47,389
2015 $59,116 $47,446 $44,035
2014 $56,969 $45,474 $44,165
2013 $56,415 $46,264 $46,317
2012 $56,288 $45,553 $45,417
2011 $56,507 $46,340 $42,516
2010 $57,762 $46,714 $43,441
2009 $58,921 $47,503 $44,256
2008 $60,829 $49,882 $46,107
2007 $61,601 $49,234 $44,880

Florence Family Income

The ACS 1-year data shows the median family income for Florence was $61,727 in 2018. Compared to the median Alabama family income, Florence median family income is $2,110 lower. As with the median household income data, 2019 family income data for Florence will be released in September of 2020.

Show dollars as: Nominal Real

Real Median Family Income for Florence Alabama

2018 1 Year Change 3 Year Change
US $76,401 +0.94% +5.60%
Alabama $63,837 +1.31% +5.37%
Florence $61,727 -0.33% +6.71%

Trends in Florence, AL Real Median Family Income since 2005

The current median family income for Florence is $61,727. Real median family income peaked in 2016 at $65,184 and is now $3,457 (5.30%) lower.

Real Median Family Income: Florence, Alabama, National

Historical Inflation Adjusted Median Family Income for Florence

Date US Alabama Florence
2018 $76,401 $63,837 $61,727
2017 $75,692 $63,011 $61,931
2016 $74,360 $62,538 $65,184
2015 $72,348 $60,584 $57,844
2014 $69,978 $57,083 $55,075
2013 $69,134 $58,353 $57,047
2012 $68,512 $57,744 $61,035
2011 $68,763 $58,173 $56,033
2010 $69,953 $58,204 $55,433
2009 $71,663 $59,576 $58,787
2008 $74,083 $63,449 $63,055
2007 $74,267 $61,637 $55,133

Florence Per Capita Income

The ACS 1-year survey shows the per capita income for Florence was $28,081 in 2018. Compared to the median Alabama per capita income, Florence median per capita income is $556 higher. As with the median household and median family income numbers above, 2019 per capita income data for Florence will be released in September of 2020.

Show dollars as: Nominal Real

Real Per Capita Income for Florence Alabama

2018 1 Year Change 3 Year Change
US $33,831 +1.94% +6.47%
Alabama $27,525 +1.40% +4.85%
Florence $28,081 +8.13% +5.26%

Trends in Florence, AL Real Per Capita Income since 2005

At $28,081, the per capita income for Florence was at a new inflation adjusted high in 2018.

Real Per Capita Income: Florence, Alabama, National

Historical Real Per Capita Income for Florence

Date US Alabama Florence
2018 $33,831 $27,525 $28,081
2017 $33,187 $27,144 $25,969
2016 $32,573 $27,008 $25,293
2015 $31,775 $26,253 $26,678
2014 $30,672 $25,063 $24,714
2013 $30,431 $25,248 $24,627
2012 $29,934 $24,999 $25,227
2011 $29,884 $25,412 $23,668
2010 $30,077 $25,384 $23,785
2009 $30,984 $26,221 $24,237
2008 $32,255 $27,283 $26,162
2007 $32,400 $27,153 $26,238