Florence is a very small city located in the state of Texas. With a population of 1,196 people and two associated neighborhoods, Florence is the 797th largest community in Texas.

Florence real estate is some of the most expensive in Texas, although Florence house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Florence has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.00% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Florence, however, is that residents on average have to contend with a long commute, spending on average 31.14 minutes every day commuting to work.

Being a small city, Florence does not have a public transit system used by locals to get to and from work.

The citizens of Florence are slightly less educated than the national average of 21.84% for the average city or town: 14.65% of adults in Florence have a bachelor's degree or advanced degree

The per capita income in Florence in 2018 was $31,902, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $127,608 for a family of four. However, Florence contains both very wealthy and poor people as well.

Florence is an extremely 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. Florence also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 33.33% of the city’s residents. Important ancestries of people in Florence include Irish, English, German, Scots-Irish, and Dutch.

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