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Florence, AL Real Estate

Florence is a city in Lauderdale County, Alabama with a population of about 41,231. The median home value is near $174,100, and median rent runs around $784/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$174,100
Median Rent
$784/mo
Population
41,231
Median Income
$50,396
Median Age
35.1
Homeownership
50.5%

Monthly payment on a median Florence home

Example for a $174,100 home: 20% down, 30-yr at ~6.75%, AL property tax ~0.40%, 0.4% insurance.

Est. monthly (PITI)
$1,019
Principal & interest
$903
Property tax / mo
$58
Down payment (20%)
$34,820

Florence at a glance

  • 18.5% of residents 25+ hold a bachelor's degree or higher.
  • 50.5% of occupied homes are owner-occupied.
  • Median household income is $50,396.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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