Florence, Alabama (35633) is a city situated in Lauderdale County. The 2 bedroom rent in Florence is significantly lower than the national average of $1,430 at only $950 per month. Additionally, Florence offers a lower grocery cost index of 95 compared to the US average of 100.
As of the 2020 census, the population of Florence is 39,319 with a median age of 38.6 years old and an average household size of 2.5 individuals. The community provides numerous job opportunities for its residents; several notable employers include Dolly Parton’s Stampede Dinner Attraction, O’Reilly Auto Parts Distribution Center, and Shoals Hospital – Eliza Coffee Memorial Campus. Furthermore, major retail stores such as Walmart Supercenter are located in the area providing convenience to the residents of Florence.
Florence (zip 35633) has an unemployment rate of 3.2%. The US average is 6.0%.
Florence (zip 35633) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Florence (zip 35633)
- The Sales Tax Rate for Florence (zip 35633) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 35633) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Florence (zip 35633)
- The average income of a Florence (zip 35633) resident is $24,103 a year. The US average is $28,555 a year.
- The Median household income of a Florence (zip 35633) resident is $58,758 a year. The US average is $69,021 a year.