Kentucky city profile

Is Florence a Good Value in Kentucky?

What it costs to live in Florence, and how it compares with other Kentucky cities, in plain numbers.

Value score

70

8th best value in Kentucky

How much you get for what you pay, versus other Kentucky cities.

Overall livability

64

8th overall in Kentucky

Cost, safety, schools, jobs and quality of life combined.

Florence is home to about 31,699 people. A typical home runs $158,800 and a household earns around $64,700, a price-to-income ratio of 2.5. Among Kentucky's largest cities, it ranks 8th for value and 8th overall. For context, the typical Florence home is about 40% below the statewide median of $263,000 and local household income is about 6% above the statewide median of $60,800.

Florence at a glance

Median home price

$158,800

6th in KY of 30

Median rent

$999/mo

Median household income

$64,700

Home price to income

2.5x

Unemployment

3.5%

6th in KY of 30

School rating

5/10

9th in KY of 30

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‹ See all top Kentucky cities ranked  ยท  Kentucky state profile ›

More Kentucky cities: Bowling Green, Covington, Elizabethtown, Georgetown, Lexington-Fayette urban county, Louisville/Jefferson County metro government, Nicholasville, Owensboro, Richmond

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI. City rankings are within Kentucky only. Updated 2026.