County profile
Florence County, SC
United States · GDP 2024
#439 of 3,127 US counties by GDP73rd-percentile growthmore diversified than 48% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$10.0B
BEA · 2024
GDP growth (YoY)
+6.5%
BEA · 2024
Jobs tracked
67,074
Census CBP · 2023
Employers
3,282
Census CBP · 2023
Avg. wage
$50.1k
BLS QCEW · 2023
Population
138,504
Census PEP · 2025
Labor, income & education
Unemployment
4.7%
Median HH income
$58.3k±$3.0k
Bachelor's degree+
24.4%±1.4%
Poverty rate
18.7%±1.3%
Business applications
2,233 · 2025
Retail establishments
687
49.7/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Citizens Bancshares Corp.Financial Services$61.5M52D2First Reliance Bancshares, Inc.Financial Services———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care35%
Manufacturing18%
Retail trade17%
Food & accommodation15%
Admin & support8%
Wholesale trade7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
138,504
residents · 2025 · +1.2% since 2020
Income per capita $58.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+2,034
International migration+1,203
Natural change−1,578
GDP trend
2019–2024 · nominal
$7.5B2019
$7.4B2020
$8.1B2021
$8.6B2022
$9.4B2023
$10.0B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$177.9k±$7.9k
Median gross rent
$954/mo±$29/mo
Vacancy rate
14.9%±1.2%
Affordability
3.6× wages
Residential permits
$118.3M
697 units · 5.0/1k pop
FEMA risk score
89.6
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 96Tornado 95Earthquake 93
FHFA HOUSE PRICE INDEX · 2016–2025
3172016
3212017
3312018
3362019
3512020
3792021
4342022
4692023
4902024
5312025
RESIDENTIAL PERMITS · 2021–2025
↑ 12% since 20216232021
6262022
5362023
6662024
6972025
Transport access
BTS · FAA · USACE
Nearest interstate
20.8 km
I-95
Nearest freight rail
4.4 km
CSXT
Nearest port
82.4 km
MITTAL STEEL USA, GEORGETOWN
Nearest commercial airport
18.1 km
FLORENCE RGNL
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$50.1k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Florence?
Florence's economy produced $10.0B in 2024, growing 6.5% year over year — faster than most US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.