EconPulse

place

Florence city, South Carolina

SC · population 40,408 · GEOID 4525810

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±41 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

40,408

0.76% of South Carolina · 40,408 of 5,296,225

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±41 · pulled 2026-10-31

Unemployment (Florence County)

4.1%

+0.1 pts above the United States

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment (Florence County), against United States
PeriodThis placeUnited StatesMargin
2024-013.9%4.1%—
2024-024.1%4.2%—
2024-033.9%3.9%—
2024-043.5%3.5%—
2024-054.0%3.7%—
2024-064.9%4.3%—
2024-075.2%4.5%—
2024-085.2%4.4%—
2024-094.3%3.9%—
2024-104.6%3.9%—
2024-114.5%4.0%—
2024-124.2%3.8%—
2025-014.5%4.4%—
2025-024.7%4.5%—
2025-034.3%4.2%—
2025-043.8%3.9%—
2025-054.2%4.0%—
2025-064.9%4.4%—
2025-075.3%4.6%—
2025-085.2%4.5%—
2025-094.8%4.3%—
2025-115.3%4.3%—
2025-125.2%4.1%—
2026-015.9%4.7%—
2026-025.8%4.7%—
2026-034.6%4.3%—
2026-044.0%4.0%—
2026-054.3%4.1%—
2026-064.8%4.4%—
2026-074.6%4.4%—
2026-084.7%4.3%—
2026-094.1%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN450410000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$992

better than the United States

This place $992
South Carolina $1,180
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output (Florence County)

$10.0B

+6.5% vs 2023

20162024
Table, 9 periods
Output (Florence County)
PeriodOutput (Florence County)Margin
2016$6.9B—
2017$7.0B—
2018$7.2B—
2019$7.5B—
2020$7.4B—
2021$8.1B—
2022$8.6B—
2023$9.4B—
2024$10.0B—

South Carolina $357.1B · this place is 2.80% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations (Florence County)

$23.7M

−77.4% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations (Florence County)
PeriodFederal obligations (Florence County)Margin
FY2021$41.8M—
FY2022$40.1M—
FY2023$78.2M—
FY2024$125.5M—
FY2025$105.2M—
FY2026$23.7M—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 37.8 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 30.4% U.S. Census Bureau · 2020-2024
Poverty rate 18.9% U.S. Census Bureau · 2020-2024
Labor force participation 61.4% U.S. Census Bureau · 2020-2024
Median home value $211,400 U.S. Census Bureau · 2020-2024
Median household income $56,143 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 5.4% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of South Carolina 0.76% U.S. Census Bureau · 2020-2024