Florence, SC — Demographics & Statistics
ZIP code 29501 serves a portion of Florence, South Carolina, within Florence County. This community is home to approximately 11,188 residents, with a median age of 40.9 years. The median household income of $55,866 sits below the national median of $67,521, while median home values of $245,810 are below the national average of $301,500. The area has a renter-majority housing profile, with 48% owner-occupied and 52% renter-occupied units. Cost of living in this part of Florence is lower than the national baseline, with an index of 100 (100 = national average). With a college-education rate of 51% and an unemployment rate of 5.9%, 29501 reflects the economic character of Florence County in South Carolina.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 11,188 | — |
| Population | Density (per sq mi) | 17,444 | — |
| Economics | Median Household Income | $55,866 | ↓ 17% vs nat'l avg |
| Economics | Median Home Value | $245,810 | ↓ 18% vs nat'l avg |
| Economics | Cost of Living Index | 100 | ↓ Lower than avg |
| Economics | Unemployment Rate | 5.9% | ↑ 51% vs nat'l avg |
| Economics | Below Poverty Line | 19.6% | ↑ 72% vs nat'l avg |
| Education | College Educated (25+) | 51% | ↑ 46% vs nat'l avg |
| Demographics | Median Age | 40.9 yrs | ↑ 7% vs nat'l avg |
| Housing | Owner-Occupied | 48% | — |
| Housing | Renter-Occupied | 52% | — |
| Housing | Total Housing Units | 6,041 | — |