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Florence, Alabama Retirement Guide
57
Retirement Score
Florence, Alabama at a Glance
- Median Home Price
- $168,800
- State Income Tax
- State income tax; Social Security and defined-benefit pensions fully exempt.
- Avg January Low
- 39.2°F
- Cost of Living Index
- 88 (US avg = 100)
- Best For
- N/A
- RetireCityIQ Score
- 57 / 100
Retirement Data
Affordability
Cost of Living Index
88 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$168,800High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Monthly Rent
$757High confidence
U.S. Census ACS 5-Year · Updated June 2026
Taxes
Retirement Tax Score
60 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
State income tax; Social Security and defined-benefit pensions fully exempt.High confidence
Tax Foundation · Updated June 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
28.8 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
43.9 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Healthcare
Healthcare Access Score
28.8 / 100High confidence
CMS Hospital General Information · Updated June 2026
Climate
Avg July High
90.7°FHigh confidence
RetireCityIQ state median imputation after Open-Meteo coverage gaps · Updated May 2026
Avg January Low
39.2°FHigh confidence
RetireCityIQ state median imputation after Open-Meteo coverage gaps · Updated May 2026
Annual Precipitation
52.2"High confidence
RetireCityIQ state median imputation after Open-Meteo coverage gaps · Updated May 2026
Sunny Days / Year
308 daysHigh confidence
RetireCityIQ state median imputation after Open-Meteo coverage gaps · Updated May 2026
Safety
Safety Score
88.5 / 100High confidence
FBI Crime Data Explorer · Updated June 2026
Walkability
Walk Score (proxy)
18.8 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
0 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Demographics
Population
40,781High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
34.9High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
17.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$47,048High confidence
U.S. Census ACS 5-Year · Updated June 2026
Community Profile
Owner-Occupied Housing
49.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
7.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
28.2%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
19.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Diversity
White
72.6%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
18.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
4.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
1.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Florence using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$366
Stress-case monthly carrying cost
$411
Median home price used: $168,800
Median rent reference: $757 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.