HomeNew JerseyBurlington CountyFlorence
Florence, New Jersey: commercial real estate data.
Florence is a Census CDP of 5,242 people across 1.25 square miles of land, in Burlington County. Median household income is $85,219, 66.2 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $4.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Florence
What Florence is
- Census place typeCDP
- Land area1.25 sq mi
- Water area0.22 sq mi
- Population per square mile of land4,197
- County holding the largest share of its areaBurlington 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
- Population5,242
- Median age37.2
- Population under 181,479 plus or minus 325
- Share under 1828.2 percent
- Population 65 and over760 plus or minus 177
- Share 65 and over14.5 percent plus or minus 3.0
- Households1,811
- Family households1,150
- Share of households that are families63.5 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$85,219
- Per capita income$36,475
- Civilian labor force2,868
- Employed2,665
- Unemployed203 plus or minus 124
- Unemployment rate7.1 percent plus or minus 4.2
- Adults 25 and over3,313
- Adults 25 and over with a high school diploma or higher90.7 percent
- Adults 25 and over with a bachelor degree or higher24.3 percent plus or minus 5.5
- Adults 25 and over with a graduate degree8.5 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florence
Housing in Florence
- Housing units1,874
- Occupied units1,811
- Vacant units63 plus or minus 66
- Vacancy rate3.4 percent plus or minus 3.5
- Owner occupied1,199
- Renter occupied612 plus or minus 142
- Ownership rate66.2 percent
- Median owner-occupied home value$309,900
- Median gross rent, monthly$1,354
- Annual rent as a share of median income19.1 percent
- Single family units1,332
- Share single family71.1 percent
- Units in buildings of two or more526 plus or minus 149
- Share in buildings of two or more28.1 percent plus or minus 7.3
- Mobile homes0
- Median year structure built1967
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 commute2,410
- Commuting under 15 minutes585 plus or minus 188
- Share commuting under 15 minutes24.3 percent plus or minus 6.8
- Commuting 30 minutes or more1,069 plus or minus 307
- Share commuting 30 minutes or more44.4 percent plus or minus 10.6
- Drove alone77.4 percent
- Carpooled11.5 percent plus or minus 5.8
- Public transport0.8 percent plus or minus 1.2
- Walked1.8 percent plus or minus 1.7
- Worked from home5.7 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florence
SBA loans in Florence (7(a))
- Approvals6
- Gross approval$3,980,000
- Average approval$663,333
- Median approval$237,500
- Largest approval$2,100,000
- Jobs supported22
- Jobs per approval3.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Florence, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Florence
SBA loans in Florence (504)
- Approvals4
- Gross approval$1,572,000
- Average approval$393,000
- Median approval$375,500
- Largest approval$717,000
- Jobs supported25
- Loans with a final outcome4
- Charged off0
- Median term120 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Florence, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Florence
Flood risk in Florence
- NFIP communityTownship of Florence
- NFIP community number340098
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/21/17
The Township of Florence participates in the National Flood Insurance Program as community 340098 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Burlington County, not Florence
Burlington County context, not Florence figures
- Establishments in Burlington County10,703
- Covered employment, Burlington County211,549
- Average annual pay, Burlington County$70,647
- Housing units permitted, Burlington County2,154
Every figure in this section is published for Burlington County as a whole and is not a measurement of Florence.
All Burlington County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Florence questions, answered from the record.
How many people live in Florence, New Jersey?
5,242, in 1,811 households. Florence CDP covers 1.25 square miles of land, which is 4,197 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?
Burlington 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?
$85,219. The median owner-occupied home is valued at $309,900. Median gross rent is $1,354 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Florence businesses?
6 7(a) approvals totaling $4.0 m since FY2020, across 4 lenders, median approval $237,500, plus 4 504 approvals worth $1.6 m since FY2010. These count approvals to borrowers whose address is in Florence, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Florence borrowers get paid back?
No rate is published for Florence. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Florence in the National Flood Insurance Program?
Yes. Florence appears in the FEMA Community Status Book as Florence, township of, community 340098, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Florence figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Burlington 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?
No. Nothing on this page presents parcel level zoning.