Cost of Living in Florence, AZ
Population: 25,961 • 2026 Data
$76,259
Median Household Income
-1% vs national
$1,163
Median Monthly Rent
-14% vs national
$322,600
Median Home Value
-5% vs national
6.4%
Unemployment Rate
Housing in Florence
The median home value in Florence, AZ is $322,600. Monthly rent for a typical unit averages $1,163, while total monthly housing costs (including utilities and insurance) average $1,050.
Rent-to-income ratio: 18.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Florence, AZ is $76,259. The unemployment rate stands at 6.4%, with a labor force of 5,448 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.