City:

Florence, NJ

Florence is a city in the state of new-jersey with a population of roughly 5,402. It is in Burlington County, New Jersey the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD core-based statistical areas (CBSA), and the Philadelphia-Reading-Camden, PA-NJ-DE-MD combined statistical area (CSA).Its Zip codes include 08518 .

The Changing Cost of Living in Florence, NJ

Florence, NJ is a town located in Morris County, New Jersey. The population was 17,851 at the 2010 United States Census. Florence was founded in 1683 and named for the Italian city of Florence. The town is known for its architecture and history, including its many churches and mansions.

Real estate in Florence is primarily made up of single-family homes and apartments. Homes range from starter homes to large estates. There are also a number of condominiums and co-ops available for purchase or rent. The median price of a home in Florence was $373,500 in May 2016 according to Zillow.

The primary industry in Florence is healthcare services with over 18% of the workforce employed within that sector. Other major industries include professional services (16%), education (13%), and manufacturing (10%). Tourism is also an important part of the economy with visitors coming to see the architecture and history of the town.

Price Index: Camden, NJ (MSAD)

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