HomeMinnesotaLyon CountyFlorence city
Florence city, Minnesota: commercial real estate data.
Florence city is a Census city of 25 people across 0.11 square miles of land, in Lyon County. Median household income is $64,583, 85.7 percent of occupied homes are owned.
48 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Florence
What Florence is
- Census place typecity
- Land area0.11 sq mi
- Water area0 sq mi
- Population per square mile of land232 plus or minus 112
- County holding the largest share of its areaLyon County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florence
How many people live in Florence
- Population25 plus or minus 12
- Median age29.9 plus or minus 31.2
- Population under 189 plus or minus 12
- Share under 1836.0 percent plus or minus 45.0
- Population 65 and over7 plus or minus 12
- Share 65 and over28.0 percent plus or minus 46.3
- Households7 plus or minus 4
- Family households7 plus or minus 4
- Share of households that are families100.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florence
Income and work in Florence
- Median household income$64,583 plus or minus $49,702
- Per capita income$28,668 plus or minus $16,266
- Civilian labor force8 plus or minus 6
- Employed8 plus or minus 6
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over16 plus or minus 7
- Adults 25 and over with a high school diploma or higher56.3 percent plus or minus 73.0
- Adults 25 and over with a bachelor degree or higher6.3 percent plus or minus 63.7
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florence
Housing in Florence
- Housing units13 plus or minus 10
- Occupied units7 plus or minus 4
- Vacant units6 plus or minus 9
- Vacancy rate46.2 percent plus or minus 59.4
- Owner occupied6 plus or minus 4
- Renter occupied1 plus or minus 4
- Ownership rate85.7 percent plus or minus 29.4
- Median owner-occupied home value$150,000 plus or minus $75,059
- Single family units11 plus or minus 13
- Share single family84.6 percent plus or minus 80.5
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes2 plus or minus 2
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florence
How Florence gets to work
- Workers 16 and over who commute7 plus or minus 5
- Commuting under 15 minutes1 plus or minus 10
- Share commuting under 15 minutes14.3 percent plus or minus 145.3
- Commuting 30 minutes or more5 plus or minus 11
- Share commuting 30 minutes or more71.4 percent plus or minus 143.0
- Drove alone87.5 percent plus or minus 90.6
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home12.5 percent plus or minus 23.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lyon County, not Florence
Lyon County context, not Florence figures
These are Lyon County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Florence measurements.
- Establishments in Lyon County814
- Employment at those establishments, Lyon County12,732
- Covered employment, Lyon County13,763
- Average annual pay, Lyon County$52,859
- Average weekly wage, Lyon County$1,017
- Housing units permitted, Lyon County92
- Of those, single family, Lyon County20
- County product, 2024, Lyon County$2,099,962,000
- County product change over the prior year, Lyon County5.4 percent
- Average income of an arriving household, Lyon County$47,981
Every figure in this section is published for Lyon County as a whole and is not a measurement of Florence. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Florence questions, answered from the record.
How many people live in Florence, Minnesota?
25, in 7 households. Florence city covers 0.11 square miles of land, which is 232 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Florence in?
Lyon County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Florence?
$64,583. The median owner-occupied home is valued at $150,000. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Florence figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lyon County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Florence.
Is zoning published for Florence?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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