Florence is a very small city located in the state of Mississippi. With a population of 4,810 people and four associated neighborhoods, Florence is the 72nd largest community in Mississippi. Much of the housing stock in Florence was built relatively recently. The construction of new real estate can often be taken as an indication that the local Florence economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Florence, where the median household income is $86,308.00.

In Florence, however, the average commute to work is quite long. On average, people spend 34.44 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.

Even though Florence is a smaller city, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.

The population of Florence overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Florence, 21.81% have at least a bachelor's degree.

The per capita income in Florence in 2022 was $32,680, which is upper middle income relative to Mississippi, and middle income relative to the rest of the US. This equates to an annual income of $130,720 for a family of four.

The people who call Florence home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Florence residents report their race to be White, followed by Black or African-American. Important ancestries of people in Florence include English, Irish, Scots-Irish, German, and Italian.

The most common language spoken in Florence is English. Other important languages spoken here include Spanish and African languages.