Florence has the 968th largest population in the United States. The population grew by 7.6% from 2010 to 2015, which was faster than the national average. Florence is part of the Cincinnati metro area. Unemployment in the Cincinnati area is 4%, which is lower than the national average, and is getting better. Cincinnati has the 29th largest local economy in the US, and a low cost of living. The average pay for jobs in Florence is below average at $47,030, and the median cost of a home in Florence is $136,500, which is below the national average. 26% of workers in Florence hold a bachelors degree or higher (above average), and 88% of workers have a high school degree (above average). Driving to work is especially common in Florence. 86% of Florence workers drive to work alone, 1% take public transit, 7% carpool, and 5% walk. People in Florence spend an average of 20 minutes commuting to work, which is shorter than the national average of 26 minutes.