Florence, New Jersey Unemployment

Florence, New Jersey has a population of 4,428, with a median household income of $101,114.

Current unemployment data for Florence.

2.80%

👥

Population

4,428

💰

Median Income

$101,114

📉

Unemployment

2.80%

🏠

Housing Price

$366,228

🚨

Crime Rate

0.40

🌐

Internet Speed

244.10 Mbps

Florence is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Florence is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Florence has a population of 4,428, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Florence is $101,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Florence is about $366,228, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Florence is 2.80%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Florence are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Florence shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Florence contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Florence

What is the population of Florence?

The population of Florence is approximately 4,428.

Is Florence a good place to live?

Florence offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Florence?

The median household income in Florence is around $101,114.

How expensive is housing in Florence?

The average housing price in Florence is approximately $366,228.