Florence, Wisconsin.
Typical home $232,644 (+5.8% in a year). Iron Mountain, MI-WI metro.
to buy the typical home at today's mortgage rate — +$694 (+132%) since Jan 2020.
- 1 year
- Up $12,809 +6%
- $219,836$232,644 since Sep 2025
- 5 years
- Up $58,883 +34%
- $173,761$232,644 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$1,221
- Wisconsin$1,770
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Florence, WI rose 5.8% over the past year — faster than the nation's +1.2%.
Living in Florence, Florence County, Wisconsin
Florence, in Florence County, had 641 people in the 2020 census. Unemployment in Florence County was 3.6% in August 2026, and the county had 1.9% fewer jobs in 2025 than the year before. The most people in Florence County work in schools and health care, then manufacturing.
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 It can be wrong or out of date.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 very small community in the north woods of Wisconsin, the kind of place where residents tend to know one another. Winters are long and cold, with a great deal of snow, and summers are mild and warm. Homes cost less than in many parts of the country, and incomes sit a little below those across most of the state.
Work. Many residents work in schools, hospitals and social care, with others in manufacturing, the building trades and professional and business services. Across Florence County, the largest workplaces include the Florence County School District, Pride Sports - Florence, a maker of golfing equipment, and Florence Hardwoods, a sawmill. Unemployment in the county is a little higher than a year ago, and there are slightly fewer jobs than the year before.
Things to do. Water is the main draw around Florence. The Menominee River and the Brule River run in or beside town, and Montgomery Lake is a short drive away. For a longer outing, Bewabic State Park is a protected area a longer drive from town.
Report a mistake
- 33%of adults have a degree
What people in Florence County work in
Employed residents by industry, from the Census survey. Florence County had 954 jobs in 2025, 1.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 22° and lows near 3°; warmest in July, with highs near 78° and lows near 54°. About 66 inches of snow and 30 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Florence weather station, a mile away (NOAA).
Largest workplaces in Florence County
- Florence County School DistrictSchool district73FTE
- Pride Sports - FlorenceGolfing equipment manufacturing51
- Florence HardwoodsSawed lumber made in sawmills47
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 98 people in all across the county; Florence has two of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. 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
- Cold wavesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Florence County, against the rest of the country; all of them together, relatively low. 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 Florence County and the Iron Mountain, MI-WI 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$232,644
- Wisconsin$337,196
- 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 3 Florence listings — the market is roughly in balance.
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.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Florence18
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
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.