Florence County, South Carolina Income Statistics
Florence County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Florence County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Florence County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,597 | $69,383 | $80,455 |
| Median Personal Income | $49,484 | $52,934 | $60,758 |
| Average Yearly Income Growth | 3.9% | 5.0% | 4.8% |
| Six-Figure Earners | 7.6% | 10.5% | 13.9% |
| $200k+ Households | 6.2% | 8.9% | 13.2% |
The median household income in Florence County is about 16% lower than in South Carolina. Income has been growing slower in Florence County (3.9%/yr) than in South Carolina (5.0%/yr).
About 8% of adults in Florence County earn six figures ($100,000 or more) a year, lower than the South Carolina average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Florence County, South Carolina grew by 42.8% from 2009 to 2024, reaching $58,597 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Florence County
| Metric | Florence County | South Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.564 | 0.547 | 0.552 |
| Male Median Income | $58,498 | $62,655 | $69,667 |
| Female Median Income | $46,589 | $49,387 | $56,850 |
| Gender Pay Gap | 20.4% | 21.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Florence County, it is 0.564, higher than South Carolina's 0.547, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 26% more than women's income in Florence County, South Carolina. Over a 35-year career, a 26% wage gap accumulates to roughly $416,815 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Florence County, South Carolina has narrowed from about 26% to 20% in 2024. Over that period the gap was widest at 27% in 2020. In dollar terms, the gap has widened by $1,483 since 2009.
Employment
| Metric | Florence County | South Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 4.8% | 5.2% |
| Working from Home | 9.1% | 11.5% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 3,543 people are unemployed in Florence County, South Carolina.
The average commute time in Florence County is 18 minutes, shorter than the 22 minutes in South Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Florence County, South Carolina has fallen from 11.0% to 5.6% in 2024. Over that period the rate peaked at 13.1% in 2014 and fell as low as 4.5% in 2022.
Florence County, SC Wealth Compared With Nearby Counties
Florence County, SC is the largest of the 6 counties compared here, 137,115 residents against a local median of 28,664. Where Florence County, SC breaks from the counties next to it is median household income, sitting 28% above the local median of $45,868 at $58,597. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 3.9%/yr against a local median of 4.7%/yr, 17% below it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Florence County, SC is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread $12,535 on median household income, so Florence County, SC sits at one end of an already wide local range rather than apart from it. Florence County, SC has the highest median household income of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Florence County, SC | 137,115 | $58,597 #1/6 | 3.9%/yr #5/6 | 5.6% #2/6 | 0.564 #4/6 |
| Marion County, SC | 28,664 | $36,420 | 2.4%/yr | 7.2% | 0.552 |
| Darlington County, SC | 62,559 | $48,955 | 4.5%/yr | 6.6% | 0.569 |
| Williamsburg County, SC | 30,282 | $45,868 | 6.1%/yr | 4.0% | 0.568 |
| Dillon County, SC | 27,862 | $46,591 | 5.3%/yr | 8.9% | 0.560 |
| Lee County, SC | 16,166 | $44,784 | 4.7%/yr | 6.7% | 0.557 |
Conclusion
Considering all these factors, Florence County, South Carolina has an overall wealth index grade of D, making it about on par with South Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Florence County, South Carolina.
How Rich Is Florence County, South Carolina?
Florence County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,597, about 16% lower than the South Carolina average of $69,383.
How fast is household income rising in Florence County, South Carolina?
Between 2009 and 2024, the median household income in Florence County, South Carolina rose 43%, from $41,043 to $58,597. Over the same years, income here lagged behind South Carolina as a whole: +43% against +59%.
What was the median household income in Florence County in 2023?
In 2023, the median household income in Florence County, South Carolina was $57,028, up 2% from $55,838 in 2022. The South Carolina median that year was $66,973.
What was the median household income in Florence County in 2020?
In 2020, the median household income in Florence County, South Carolina was $49,658. By 2024 it had risen 18% to $58,597.
What is the Gini coefficient in Florence County, South Carolina?
The Gini coefficient in Florence County is 0.564. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Florence County, South Carolina?
Since 2009, the income gap between men and women in Florence County, South Carolina has narrowed from about 26% to 20% in 2024. Over that period the gap was widest at 27% in 2020. In dollar terms, the gap has widened by $1,483 since 2009.
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