Florence, IN Economy

Florence, Indiana is a small town located in Boone County. It is conveniently situated about 26 miles northwest of Indianapolis, making it an easy commute to the larger city for work or leisure. Florence offers affordable living with two bedroom rents averaging just $770 per month and a grocery cost index that is 97 compared to the US average at 100. Though the population remains small (roughly 6,000 people), the town is desirable for those looking for a tight knit community complete with beautiful parks, public library, and top rated schools. The town is home to several local companies such as Compressor Tech Inc. and Country Groceries & Produce Inc., providing job opportunities for residents. Nearby cities include Lebanon (14 miles southeast), Whitestown (16 miles southeast) and Zionsville (20 miles south).