Florence, TX is a great place to live with a population of 7,652. It has an affordable cost of living with the average 2 Bedroom rent being $1,300 compared to the US average of $1,430. Groceries are also cheaper in Florence than the US on average with a Grocery Cost Index at 92 compared to100 in the US. The job market is also flourishing with local companies such as BKD CPAs & Advisors, Navarro & Wright Consulting Engineers and D&S Community Services providing employment opportunities for residents. All in all Florence offers its citizens excellent living conditions at an affordable price!
Florence (zip 76527) has an unemployment rate of 5.2%. The US average is 6.0%.
Florence (zip 76527) has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 51.5%, which is higher than the US average of 33.5%.
Tax Rates for Florence (zip 76527)
- The Sales Tax Rate for Florence (zip 76527) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 76527) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Florence (zip 76527)
- The average income of a Florence (zip 76527) resident is $27,164 a year. The US average is $28,555 a year.
- The Median household income of a Florence (zip 76527) resident is $65,245 a year. The US average is $69,021 a year.