Florence, AL โ City Data, Demographics & Statistics
Lauderdale County ยท Alabama
City DNA
A unique fingerprint for Florence based on 8 key metrics โ compared to averages.
Quick Stats
Population
41,231
2023 ACS
Median Income
$50,396
2023
Median Home Value
$174,100
2023
Median Rent
$784
2023
Median Age
35.1
Unemployment
5.8%
Cost of Living Index
83.2
100 = national avg
Florence is a city in Lauderdale County, Alabama, with a population of 41,231 according to the 2023 American Community Survey. Florence is one of the communities in Alabama.
The median household income in Florence is $50,396, and the median home value is $174,100. The cost of living index is 83.2 (where 100 = national average), and the median rent is $784 per month. The unemployment rate is 5.8%, and the median age is 35.1 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
41,231
Male
18,643
45.2%
Female
22,588
54.8%
Median Age
35.1
Age Distribution
Education & Household
Bachelor's or Higher
19.8%
High School or Higher
40.8%
Foreign Born
4.0%
Veterans
5.3%
Married
33.7%
Avg Household Size
2.3
Marital Status by Age
Race & Ethnicity
Diversity Index
0.440
Simpson's Index (0-1)
Largest Group
White
72.2%
Foreign Born
4.0%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
5.6%
2,297 people
Not Hispanic/Latino
94.4%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
39,152
English Only
92.8%
#1 Non-English Language
Spanish
2,096 speakers
Limited English
3.6%
Language Distribution
English Proficiency
Speaks English Very Well
96.4%
Limited English Proficiency
3.6%
Veterans & Military
Total Veterans
2,187
5.3% of population
Disability Rate
21.9%
480 with disability
Veteran Median Income
$53,311
Unemployment Rate
23.3%
Period of Service
Veteran Age Distribution
Male Veterans
2,043
93.4%
Female Veterans
144
6.6%
Veteran vs Non-Veteran Income
Veteran Income
$53,311
Non-Veteran Income
$27,409
Difference
$25,902
94.5% higher
Disability Status
With Disability
480
Without Disability
1,707
Disability Rate
21.9%
Ancestry & Heritage
Total Reporting Ancestry
23,175
#1 Ancestry
English
13.1% (5,409)
#2 Ancestry
American
10.1% (4,146)
#3 Ancestry
Irish
9.7% (4,020)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
17,203
Family Households
9,247
53.8%
Married Couples
6,131
35.6%
Non-Family Households
7,956
46.2%
Single Mother Households
2,585
15.0%
Single Father Households
531
3.1%
Living Alone
6,382
37.1%
Children Under 18
Total Children
6,755
In Married Couple
4,141
61.3%
With Single Mother
2,060
30.5%
With Single Father
554
8.2%
Family Income
Median Family Income
$70,958
Married Couple Income
$86,004
Single Mother Income
$45,184
Single Father Income
$36,771
Avg Family Size
2.3
Avg Non-Family Size
2.1
Grandparents w/ Grandchildren
797
Grandparents Responsible
541
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$50,396
-31% vs national
Per Capita Income
$29,129
-22% vs national
Poverty Rate
19.3%
+42% vs national
Gini Index
0.4739
0 = perfect equality
Unemployment
5.8%
+12% vs national
SNAP Recipients
14.9%
of households
How Florence Compares
Florence vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Florence is highlighted.
Median Household Income
Florence, AL has a median household income of $50,396, making it the 21,200th highest median household income out of 28,123 cities in our database. This means that Florence has a higher median household income than 25% of all the cities we measured.
Per Capita Income
Florence, AL has a per capita income of $29,129, making it the 18,220th highest per capita income out of 28,123 cities in our database. This means that Florence has a higher per capita income than 35% of all the cities we measured.
Poverty Rate
Florence, AL has a poverty rate of 19.3%, making it the 7,616th highest poverty rate out of 31,262 cities in our database. This means that Florence has a higher poverty rate than 76% of all the cities we measured.
Unemployment Rate
Florence, AL has a unemployment rate of 5.8%, making it the 9,538th highest unemployment rate out of 31,012 cities in our database. This means that Florence has a higher unemployment rate than 69% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Florence. The median household income here is $50,396.
Income Distribution
Employment Snapshot
Unemployment Rate
5.8%
+1% vs AL avg
Labor Force
19,327
Employed
18,139
Mean Commute
17 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
19.8%
of adults 25+
High School Diploma+
40.8%
of adults 25+
Median Age
35.1
Work from Home
6.7%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Florence-Muscle Shoals, AL metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$97.8K
per year
Occupations Tracked
20
Cost of Living
Overall Index
83.2
100 = national avg
-16.8 vs national average
Living Wage (1 Adult)
$36,586
per year
Living Wage (Family of 4)
$86,476
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$775
per month
2 Bedroom
$1,000
per month
The median household income in Florence, AL is $50,396, which is 31.2% below the national average of $73,224. Per capita income is $29,129. The poverty rate of 19.3% is higher than the AL state average of 17.3%. The Gini index of income inequality is 0.4739, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.8%, compared to the state average of 5.8%. The labor force is 19,327. 19.8% of adults hold a bachelor's degree or higher. The average commute time is 17 minutes, with 6.7% working from home. About 80.4% of workers drive alone to work. The overall cost of living index is 83.2, which is 16.8% below the national average. Housing costs are below the national average at an index of 82.1. A single adult needs to earn approximately $36,586 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin โ January 2026
Median Sale Price
$270,450
Median List Price
$264,850
Price Per Sq Ft
$149
Days on Market
49
Active Inventory
120
Months of Supply
3.5
Seller's market
Zillow Home Value
$201,279
ZHVI โ January 2026
Zillow Rent Index
$1,139
ZORI โ January 2026
Market CompetitivenessRedfin
Sold Above List
11.8%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
98.3%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
34
New Listings
49
Pending Sales
42
Price Per Square FootRedfin
Median Sale $/SF
$149
Median List $/SF
$156
House Price IndexFHFA
How much have housing prices increased in Florence, AL? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Florence-Muscle Shoals, AL metro area, home prices have risen 134.9% over the past 20 years. The 10-year growth rate is 98.4%. Over the last 5 years, prices increased 64.6%. In the most recent 2-year period, the index rose 14.7%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Florence-Muscle Shoals, AL housing market rather than Florence alone.
Metro area: Florence-Muscle Shoals, AL
Florence vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Florence is highlighted.
Median Home Value
Florence, AL has a median home value of $174,100, making it the 14,332nd highest median home value out of 27,993 cities in our database. This means that Florence has a higher median home value than 49% of all the cities we measured.
Median Rent
Florence, AL has a median rent of $784, making it the 16,103rd highest median rent out of 22,337 cities in our database. This means that Florence has a higher median rent than 28% of all the cities we measured.
Median Price Per Sq Ft
Florence, AL has a price per square foot of $149, making it the 12,678th highest price per square foot out of 20,748 cities in our database. This means that Florence has a higher price per square foot than 39% of all the cities we measured.
Rent Burden
Florence, AL has a rent burden of 18.7%, making it the 10,766th highest rent burden out of 21,928 cities in our database. This means that Florence has a higher rent burden than 51% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$174,100
Median Rent
$784
Total Housing Units
19,766
Vacancy Rate
13.0%
Owner Occupied
50.5%
Renter Occupied
49.5%
Median Property Tax
$757
per year
Monthly Cost (w/ Mortgage)
$750
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$757
per year
Effective Tax Rate
0.43%
of home value
Median Home Value
$174,100
Estimated Mean Tax
$789
The effective property tax rate is calculated by dividing the median annual property tax ($757) by the median home value ($174,100). In Florence, AL, this works out to an effective rate of 0.43%. This is below the national average of approximately 1.1%.
The current median sale price in Florence, AL is $270,450 according to Redfin data. Homes spend a median of 49 days on the market. 11.8% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $149. Zillow's observed rent index is $1,139/month. About 50.5% of housing units are owner-occupied. The median year homes were built is 1972. There are 19,766 total housing units. Homeowners pay a median annual property tax of $757. The effective tax rate is 0.43%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
6.29
per 1,000 residents
+142% vs national
Property Crime Rate
20.17
per 1,000 residents
+17% vs national
Total Crimes
1,140
2024
Violent Clearance
87%
cases solved
Property Clearance
52%
cases solved
YoY Change
+26.0%
violent crime rate
worsening vs 2023
How Florence Compares
Source: FBI (2024)Florence vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Florence is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Florence police solve 89% of aggravated assault cases but only 49% of larceny/theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 16 | 0.37 | 62.5% |
| Robbery | Violent | 9 | 0.21 | 77.8% |
| Aggravated Assault | Violent | 246 | 5.71 | 88.6% |
| Burglary | Property | 100 | 2.32 | 63.0% |
| Larceny/Theft | Property | 698 | 16.20 | 49.4% |
| Motor Vehicle Theft | Property | 71 | 1.65 | 67.6% |
Florence, AL reported 271 violent crimes and 869 property crimes in 2024. The violent crime rate of 6.29 per 1,000 residents is 142.0% above the national average of 2.60 per 1,000. Law enforcement cleared 87% of violent crimes. Larceny/theft accounts for 698 of the property crime reports. Firearms were involved in 31.7% of aggravated assaults. Violent crime has been trending upward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 271 | 869 | 6.29 | 20.17 |
| 2023 | 211 | 989 | 4.99 | 23.40 |
| 2022 | 236 | 1,072 | 5.89 | 26.76 |
| 2021 | 217 | 1,372 | 5.25 | 33.20 |
| 2020 | 122 | 871 | 2.98 | 21.28 |
| 2018 | 206 | 1,663 | 5.16 | 41.65 |
| 2017 | 189 | 1,703 | 4.72 | 42.51 |
| 2016 | 196 | 1,400 | 4.88 | 34.86 |
| 2015 | 169 | 1,518 | 4.18 | 37.54 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
85.5
Relatively Moderate
Expected Annual Loss
84.8
Score (0-100)
Social Vulnerability
46.9
Score (0-100)
Community Resilience
61.0
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
18
Public Assistance
$7.5M
Individual Assistance
$3.4M
Most Common Type
Severe Storm
7 declarations
Public Assistance by Category
Showing 20 of 22 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
141
Total Claims Paid
$1,400,360
Avg Claim Payout
$9,932
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
36
Federal Funding
$1,171,886
Properties Protected
188
Avg Benefit-Cost Ratio
1.12
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 600.1: Warning Systems (as a Component of a Planned, Adopted, and Exercised Risk Reduction Plan) | 14 | $379,614 |
| 206.1: Safe Room (Tornado and Severe Wind Shelter) - Private Structures | 11 | $603,436 |
| 206.2: Safe Room (Tornado and Severe Wind Shelter) - Public Structures | 5 | $0 |
| 91.1: Local Multihazard Mitigation Plan | 2 | $55,148 |
| 602.1: Other Equipment Purchase and Installation | 2 | $15,452 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Florence has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are strong wind, cold wave, earthquake. The area has had 18 federal disaster declarations. The most common disaster type is severe storm (7 declarations). 141 flood insurance claims have been filed in the area. FEMA has obligated $7,469,607 in public assistance recovery funding. $3,416,932 has been distributed in individual assistance to disaster-affected residents. 36 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
37.6%
1.5pp above the national average
Depression Rate
24.8%
1.3pp above the national average
Diabetes Rate
14.0%
2.1pp above the national average
Uninsured Rate
10.7%
near the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
39.2%
Arthritis
30.0%
Cancer (excl. skin)
8.4%
Teeth Lost (65+)
19.1%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
19.0%
14+ days in past month
Depression
24.8%
Loneliness
35.5%
Lack of Support
23.9%
Disability Prevalence
Any Disability
38.9%
Mobility
17.6%
Cognitive
18.3%
Hearing
9.0%
Vision
6.8%
Self-Care
5.0%
Independent Living
11.3%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Florence has an obesity rate of 37.6%, which is 1.5pp above the national average. The depression rate is 24.8%, 1.3pp above the national average. About 10.7% of adults lack health insurance. 79.6% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
2.8 / 5
Nearest Hospital
0.5 mi
North Alabama Medical Center
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| North Alabama Medical Center | 0.5 mi | Acute Care Hospitals | 2/5 | Yes |
| Helen Keller Hospital | 5.3 mi | Acute Care Hospitals | 2/5 | Yes |
| North Alabama Shoals Hospital | 7.3 mi | Acute Care Hospitals | โ | Yes |
| Russellville Hospital | 23.4 mi | Acute Care Hospitals | 2/5 | Yes |
| Tishomingo Health Services Inc | 31.3 mi | Acute Care Hospitals | 5/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
5
Pop. Served
106,661
Violations (5yr)
1
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| FLORENCE, WATER DEPARTMENT, CITY OF | 77,766 | 0 |
| WEST LAUDERDALE CO WATER & FPA | 15,681 | 0 |
| GREENHILL WATER & FIRE PRO AUTHORITY | 8,214 | 0 |
| CHISHOLM HEIGHTS WATER & F P AUTHORITY | 4,881 | 1 |
| WAYNE CO. B.P.U. #3 | 119 | 0 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
1
Total COโe
18.3K MT
Top Emitter
MONARCH CERAMIC TILE INC
18.3K MT COโe
Total COโe vs Similar Cities (25,000 - 50,000)
| Facility | Sector | COโe (MT) |
|---|---|---|
MONARCH CERAMIC TILE INC Mohawk Industries Inc | Minerals | 18,274 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons COโe/year.
There are 5 water systems serving the area. 1 water quality violation has been reported in the past 5 years. 1 industrial facility reports greenhouse gas emissions totaling 18.3K metric tons of COโe.
Infrastructure
Commute Overview2023 ACS
Mean Commute
17 min
-27% vs national
Drive Alone
80.4%
+2% vs national
Work From Home
6.7%
-28% vs national
Carpool
9.8%
Walk
2.2%
How Florence's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
1
2023
5-Year Avg
3
fatalities/yr
Pedestrian
1
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 1 | 1 | 0 | 1 | 0 |
| 2021 | 4 | 4 | 0 | 1 | 0 |
| 2020 | 3 | 3 | 1 | 0 | 0 |
| 2019 | 1 | 1 | 0 | 0 | 0 |
| 2018 | 8 | 8 | 1 | 1 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Florence, AL is 17 minutes, which is 26.9% below the national average of 23 minutes. 80.4% of workers drive alone, compared to the national average of 78.7%. 6.7% work from home, which is above the AL state average of 5.2%. 9.8% of workers carpool. 2.2% walk to work. In 2023, there were 1 traffic fatality from 1 fatal crash. 1 was a pedestrian.
Internet & Broadband Access
Source: Census ACSBroadband Access
85.0%
of households
Cable / Fiber / DSL
70.1%
of households
No Internet
9.1%
of households
Total Households
17,203
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
93.7%
of households
Smartphone
86.8%
of households
Desktop / Laptop
69.7%
of households
Tablet
51.2%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
15.2ยข
per kWh
-20% vs 25,000 - 50,000 avg
Commercial Rate
13.6ยข
per kWh
-12% vs 25,000 - 50,000 avg
Industrial Rate
7.3ยข
per kWh
-39% vs 25,000 - 50,000 avg
Avg Monthly Bill
$174
residential
+18% vs 25,000 - 50,000 avg
11% below the national average of 17.1ยข/kWh
Residential electricity in Alabama averages 15.2ยข per kWh, compared to the national average of 17.1ยข. The average monthly electric bill is $174. State-level averages from EIA Electric Sales & Revenue data (2024).
Florence vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (ยข/kWh)
Commercial Rate (ยข/kWh)
Industrial Rate (ยข/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
5
Population Served
106,661
Violations (5yr)
1
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| FLORENCE, WATER DEPARTMENT, CITY OF | Community | Surface water | 77,766 | 0 |
| WEST LAUDERDALE CO WATER & FPA | Community | Purchased surface water | 15,681 | 0 |
| GREENHILL WATER & FIRE PRO AUTHORITY | Community | Purchased surface water | 8,214 | 0 |
| CHISHOLM HEIGHTS WATER & F P AUTHORITY | Community | Purchased surface water | 4,881 | 1 |
| WAYNE CO. B.P.U. #3 | Community | Purchased surface water | 119 | 0 |
85.0% of households in Florence have broadband internet access. 70.1% have cable, fiber, or DSL service. 12.2% rely solely on cellular data without a wired connection. 9.1% of households have no internet access. 15.7% use only a smartphone without a desktop or laptop. The area is served by 5 water systems, providing water to 106,661 people. A total of 1 water quality violation has been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Florence is located in Lauderdale County, AL. Results reflect all voters in the county, not just those in Florence.
Election Overview
Source: Lauderdale County (2024)2024 Winner
Republican
Dem Votes
10,326
23.8%
GOP Votes
32,708
75.3%
Total Votes
43,454
Margin
R+51.5%
Shift from 2020
R+6.8pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 10,326 | 32,708 | 43,454 | 23.8% | 75.3% | R+51.5 |
| 2020 | 11,915 | 31,721 | 44,339 | 26.9% | 71.5% | R+44.7 |
| 2016 | 9,877 | 27,735 | 38,813 | 25.4% | 71.5% | R+46.0 |
In the 2024 presidential election, Lauderdale County recorded 43,454 total votes. Republicans won the county with 75.3% of the vote compared to 23.8% for Democrats, a margin of R+51.5%. Compared to 2020, the margin shifted R+6.8pp from the previous election. Since 2016, Lauderdale County has shifted 5.5 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
909
Total Assets
$205.2M
Total Income
$79.8M
Per 10K Residents
220.5
nonprofits
+268.3% vs peers avg
Orgs with >$1M Assets
24
Median Assets
$229K
Oldest Active
1941
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $159.8M of $205.2M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Florence
Source: IRS Exempt Organizations BMFFlorence, AL has 909 registered 501(c)(3) nonprofit organizations with combined assets of $205.2M. The most common category is Religion-Related, with 36 organizations. 24 nonprofits have assets exceeding $1 million. That works out to 220.5 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
176
Total Approved
$59.6M
Jobs Supported
2,030
Per 10K Residents
42.7
SBA loans
-57.1% vs peers avg
Unique Lenders
50
Top Lender
Wells Fargo Bank National Association
19 loans
Top Industry
Accommodation & Food Services
Data Span
1992โ2026
Loan Program Breakdown
Source: SBA FOIALoans
163
Total Amount
$52.0M
Avg Loan
$319,224
Median Loan
$90,000
SBA Guaranteed
$39.8M(76%)
Jobs Supported
1,774
Loans
13
Total Amount
$7.5M
Avg Loan
$579,692
Median Loan
$522,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
18
10% of all-time total
Recent Amount
$11.8M
20% of all-time total
Avg Recent Loan
$654,628
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Safe Climate Storage Llc | 1 | $5.0M |
| Sdg Restaurants Inc | 1 | $5.0M |
| Dhs Hospitality Ii | 1 | $4.0M |
| Rdt Enterprises Llc | 7 | $2.5M |
| Princeton's Restaurant-florenc | 1 | $1.6M |
| Lga Partners Llc and Njc Enterprises Inc. Dba Packin It as Co-borrowers | 1 | $1.5M |
| Windwood-florence, Llc | 1 | $1.5M |
| Higher Ground Energy Solutions Inc. | 1 | $1.5M |
| Eldercare of Alabama Inc | 1 | $1.5M |
| Flobrew Llc | 1 | $1.2M |
Florence, AL has received 176 SBA loans totaling $59.6M in approved funding between 1992 and 2026. The 7(a) program accounts for 163 loans (93% of the total), supporting 1,774 jobs. The 504 program, focused on real estate and large equipment, has funded 13 loans totaling $7.5M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Florence is Wells Fargo Bank National Association with 19 loans. That works out to 42.7 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
6
Total Population
93,725
Avg Median Income
-$111,062,604
Avg Home Value
-$110,959,061
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 35630 | 33,697 | $44,168 | $153,300 | $783 | 25.3 |
| 35632 | 944 | N/A | N/A | N/A | 0.1 |
| 35633 | 20,733 | $66,008 | $177,500 | $792 | 208.3 |
| 35634 | 10,009 | $71,630 | $262,800 | $911 | 71.4 |
| 35660 | 9,385 | $42,510 | $129,000 | $850 | 6.2 |
| 35661 | 18,957 | $66,726 | $189,700 | $917 | 51.1 |
Florence, AL has 6 ZIP codes with a combined population of 93,725. The average median household income across all ZIP codes is -$111,062,604. The average median home value is -$110,959,061. The average median monthly rent is -$111,110,402.
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