Zip 39073 (Florence, MS) Economy


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Florence, MS is a great place to call home. With an estimated population of 39073 people, Florence offers a unique blend of rural living and urban amenities that can’t be found anywhere else. The average 2 bedroom rent in Florence is $950 which is much lower than the US average rent of $1,430. Also, the Grocery Cost Index in Florence is 101 compared to 100 for the US average.
Florence has many local companies including Big B’s Country Store, Piggly Wiggly Supermarket, and Longhorn Bean & Burger Co. There are also many unexpected amenities such as the Fire Museum of Mississippi which features artifacts from over hundred years of firefighting history. Moreover, there are plenty of attractions such as Merrehope Historic House Museum and Clarkco State Park where visitors can take part in outdoor activities like hiking, biking or boating on the lake. In conclusion, Florence provides a great quality of life with lower cost of living than other places and plenty of local businesses and attractions to explore.

Florence (zip 39073) has an unemployment rate of 4.1%. The US average is 6.0%.

Florence (zip 39073) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Florence (zip 39073)
- The Sales Tax Rate for Florence (zip 39073) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 39073) 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 39073)
- The average income of a Florence (zip 39073) resident is $22,358 a year. The US average is $28,555 a year.
- The Median household income of a Florence (zip 39073) resident is $64,862 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlorence, MississippiUnited States
  4.16
  -5.2%-6.2%
  35.6%33.5%
  7.0%6.2%
  5.0%4.6%
  $26,482$37,638
  $64,862$69,021
  $75,463$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  11.1%6.8%
  8.8%10.0%
  4.9%2.5%
  11.1%11.0%
  5.8%4.8%
  2.2%0.8%
  0.3%1.9%
  5.9%4.7%
  0.7%1.9%
  2.3%7.6%
  0.0%0.1%
  3.4%4.2%
  9.0%9.3%
  15.5%14.0%
  2.1%2.1%
  5.9%7.0%
  5.3%4.8%
  5.3%4.7%
Health