Businesses for Sale | Florence, South Carolina
Discover business opportunities, in or around Florence, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Florence, located in The Palmetto State had a total population of 40,665 people.
City Statistics and Other Information About Florence
Demographics
From a total population of 40,665, Florence has a median age of 38. The average age of males, in Florence, is 37 while the average age of females is 40. When you compare the median age of men and women in Florence, there is an average difference of 2.37 years.
Income
The median income of individuals, in Florence, is $39,953 while the average household income is $61,005. In 2029, the average income per capita for Florence is expected to be $39,953.
Additional Information
29501 - 29506Florence County
Is Florence the Best Location for Franchise Opportunities and Growth?
What is the average income in Florence?
The median household income in Florence is $61,005, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Florence an affordable place to start a franchise?
With a median income of $61,005, Florence presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Florence's income compare to other locations?
The median income of $61,005 in Florence is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Florence have a stable workforce to support my business?
Absolutely! With 9,304 employed individuals, Florence offers a solid labor force to support franchise growth.
Is Florence a growing economy?
With a workforce of 9,304 and a median household income of $61,005, Florence provides an emerging economic environment for new business opportunities.
Does homeownership in Florence indicate a stable market?
Homeownership rates at 9,747 show a strong local investment in the community, which benefits long-term franchise success.
