Florence is a very small city located in the state of Mississippi. With a population of 4,704 people and four associated neighborhoods, Florence is the 72nd largest community in Mississippi. Florence has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Florence, where the median household income is $88,750.00.

The overall crime rate in Florence is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.

One downside of living in Florence, however, is that residents on average have to contend with a long commute, spending on average 33.85 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

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 overall education level of Florence is somewhat higher than in the average US city of 21.84%: 25.49% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Florence in 2022 was $32,524, which is wealthy relative to Mississippi, and middle income relative to the rest of the US. This equates to an annual income of $130,096 for a family of four. However, Florence contains both very wealthy and poor people as well.

Florence is a somewhat ethnically-diverse city. 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 Swedish.

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