Florence, Mississippi.
Typical home $253,211 (+4.4% in a year). Jackson, MS metro.
to buy the typical home at today's mortgage rate — +$710 (+115%) since Jan 2020.
- 1 year
- Up $10,671 +4%
- $242,540$253,211 since Sep 2025
- 5 years
- Up $57,652 +29%
- $195,559$253,211 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Florence$1,329
- Mississippi$1,021
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Florence, MS rose 4.4% over the past year — faster than the nation's +1.2%.
Living in Florence, Rankin County, Mississippi
Florence is a city of 4,572 people in Rankin County. Half its households earn more than $86,308 a year and half less, against $79,357 across Rankin County; 7% of its people live below the poverty line. Unemployment in Rankin County was 2.4% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most residents work in finance and property, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Florence is a small city in Rankin County, with a modest population and incomes a little above the county's. Fewer residents live below the poverty line than you might expect, and homes here are priced in the middle range. Winters are mild and short, with highs in the cool but not bitter range and snow that is a rarity, while summers run hot and the year is a wet one.
Work. People in Florence work mostly in banks, insurance and property, in shops, in schools, hospitals and social care, and in transport, warehouses and utilities. Across the county, jobs have edged up slightly over the past year and unemployment has eased. Among the larger workplaces in town are F. L. Crane & Sons Florence, a drywall contractor, and Apex Electric, an electrical contractor. Commutes tend to be on the long side, and very few people work from home.
Things to do. The best known places nearby are Mississippi Veterans Memorial Stadium and the Mississippi Civil Rights Museum, both a longer drive away. For time outdoors, LeFleur's Bluff State Park, a protected area, is also a longer drive away. The Jackson Zoo, another longer drive, makes an outing for visiting family.
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- 1,715households
- 22%of adults have a degree
- 7%below the poverty line
- 32 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Rankin County had 67,431 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 57° and lows near 37°; warmest in August, with highs near 92° and lows near 72°. About 1 inches of snow and 57 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jackson International Airport weather station, 12 miles away (NOAA).
Largest workplaces in Florence
- F. L. Crane & Sons FlorenceDrywall contractors51
- Apex ElectricElectrical contractors38
- FLORENCeMail and parcel delivery26
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 115 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailRelatively high
- LightningRelatively high
- Heat wavesRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Florence’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rankin County and the Jackson, MS metro.
Florence home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Florence$253,211
- Mississippi$194,531
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Florence listings — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Florence21.75%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Florence48
New listings per month
Sellers arriving at the market.
- Florence14
Zip codes with a Florence address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Florence — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Florence
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 39073 | Florence | 21,066 | — | $251,155 |
| 39044 | Braxton | 2,994 | — | $185,500 |