Florence-Muscle Shoals Alabama Household Income
The Census ACS 1-year survey reports that the median household income for the Florence-Muscle Shoals Alabama metro area was $51,639 in 2021, the latest figures available. Florence median household income is $2,274 lower than the median Alabama household income and $18,078 less than the US median household income. 2022 metro income data (including Florence median household income) will be released in September of 2023. Median family and per capita income for Florence-Muscle Shoals are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Florence Alabama
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Alabama | $53,913 | -2.49% | +0.21% |
| Florence | $51,639 | +1.24% | -3.13% |
Trends in Florence, AL Real Median Household Income since 2005
The current median household income for Florence is $51,639. Real median household income peaked in 2018 at $53,308 and is now $1,669 (3.13%) lower.
Real Median Household Income: Florence, Alabama, National
Historical Inflation Adjusted Median Household Income for Florence
| Date | US | Alabama | Florence |
|---|---|---|---|
| 2021 | $69,717 | $53,913 | $51,639 |
| 2020 | $70,877 | $55,290 | $51,007 |
| 2019 | $69,638 | $54,825 | $48,562 |
| 2018 | $66,828 | $53,798 | $53,308 |
| 2017 | $66,687 | $53,188 | $50,735 |
| 2016 | $65,052 | $52,226 | $51,131 |
| 2015 | $63,784 | $51,193 | $47,513 |
| 2014 | $61,468 | $49,065 | $47,652 |
| 2013 | $60,869 | $49,917 | $49,975 |
| 2012 | $60,732 | $49,149 | $49,003 |
| 2011 | $60,969 | $49,999 | $45,873 |
| 2009 | $63,573 | $51,254 | $47,750 |
| 2007 | $66,465 | $53,122 | $48,424 |
| 2005 | $64,310 | $51,289 | $46,421 |
Florence Family Income
The ACS 1-year data shows the median family income for Florence was $66,065 in 2021. Compared to the median Alabama family income, Florence median family income is $4,941 lower. As with the median household income data, 2022 family income data for Florence will be released in September of 2023.
Real Median Family Income for Florence Alabama
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Alabama | $71,006 | -1.09% | +3.09% |
| Florence | $66,065 | -0.95% | -0.80% |
Trends in Florence, AL Real Median Family Income since 2005
The current median family income for Florence is $66,065. Real median family income peaked in 2016 at $70,331 and is now $4,266 (6.07%) lower.
Real Median Family Income: Florence, Alabama, National
Historical Inflation Adjusted Median Family Income for Florence
| Date | US | Alabama | Florence |
|---|---|---|---|
| 2021 | $85,806 | $71,006 | $66,065 |
| 2020 | $87,269 | $71,792 | $66,702 |
| 2019 | $85,780 | $70,125 | $65,055 |
| 2018 | $82,434 | $68,878 | $66,601 |
| 2017 | $81,669 | $67,987 | $66,821 |
| 2016 | $80,231 | $67,476 | $70,331 |
| 2015 | $78,061 | $65,367 | $62,411 |
| 2014 | $75,505 | $61,591 | $59,424 |
| 2013 | $74,593 | $62,960 | $61,552 |
| 2012 | $73,920 | $62,303 | $65,853 |
| 2011 | $74,192 | $62,766 | $60,457 |
| 2009 | $77,322 | $64,279 | $63,429 |
| 2007 | $80,131 | $66,504 | $59,487 |
| 2005 | $77,647 | $64,093 | $61,473 |
Florence Per Capita Income
The ACS 1-year survey shows the per capita income for Florence was $29,000 in 2021. Compared to the median Alabama per capita income, Florence median per capita income is $1,608 lower. As with the median household and median family income numbers above, 2022 per capita income data for Florence will be released in September of 2023.
Real Per Capita Income for Florence Alabama
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Alabama | $30,608 | -1.31% | +3.06% |
| Florence | $29,000 | +0.67% | -4.28% |
Trends in Florence, AL Real Per Capita Income since 2005
The current per capita income for Florence is $29,000. Real per capita income peaked in 2018 at $30,298 and is now $1,298 (4.28%) lower.
Real Per Capita Income: Florence, Alabama, National
Historical Real Per Capita Income for Florence
| Date | US | Alabama | Florence |
|---|---|---|---|
| 2021 | $38,332 | $30,608 | $29,000 |
| 2020 | $38,730 | $31,013 | $28,807 |
| 2019 | $37,803 | $30,362 | $27,600 |
| 2018 | $36,503 | $29,699 | $30,298 |
| 2017 | $35,807 | $29,287 | $28,019 |
| 2016 | $35,145 | $29,140 | $27,290 |
| 2015 | $34,284 | $28,326 | $28,784 |
| 2014 | $33,094 | $27,042 | $26,665 |
| 2013 | $32,833 | $27,241 | $26,572 |
| 2012 | $32,297 | $26,972 | $27,218 |
| 2011 | $32,243 | $27,418 | $25,537 |
| 2009 | $33,430 | $28,291 | $26,150 |
| 2007 | $34,959 | $29,298 | $28,310 |
| 2005 | $34,817 | $29,439 | $27,050 |
