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Florence City, Alabama Economic Analysis

   (County: Lauderdale County)

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Economic Analysis

People and the communities they live in depend on money. The people of Florence City, Alabama need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Alabama

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.59 6.72 4.34 5.61 0.00 5.57
  Total Electric Industry 6.59 6.72 4.34 5.61 0.00 5.57
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.81 4.37 5.77 0.00 5.64
  Total Electric Industry 6.69 6.81 4.37 5.77 0.00 5.64
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.85 4.29 5.84 0.00 5.57
  Total Electric Industry 6.69 6.85 4.29 5.84 0.00 5.57
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.82 6.93 4.34 5.89 0.00 5.67
  Total Electric Industry 6.82 6.93 4.34 5.89 0.00 5.67
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.76 4.12 6.28 0.00 5.48
  Total Electric Industry 6.69 6.76 4.12 6.28 0.00 5.48
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.71 6.73 4.05 7.35 0.00 5.47
  Total Electric Industry 6.71 6.73 4.05 7.35 0.00 5.47
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.63 6.49 3.90 6.82 0.00 5.35
  Total Electric Industry 6.63 6.49 3.90 6.82 0.00 5.35
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.74 6.34 3.71 6.47 0.00 5.33
  Total Electric Industry 6.74 6.34 3.71 6.47 0.00 5.33
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.94 6.54 3.89 7.26 0.00 5.56
  Total Electric Industry 6.94 6.54 3.89 7.26 0.00 5.56
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.03 6.54 3.82 7.02 0.00 5.54
  Total Electric Industry 7.03 6.54 3.82 7.02 0.00 5.54
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.05 6.58 3.87 7.12 0.00 5.61
  Total Electric Industry 7.05 6.58 3.87 7.12 0.00 5.61
2001              
  Full-Service Providers 7.01 6.53 3.79 7.11 0.00 5.60
  Total Electric Industry 7.01 6.53 3.79 7.11 0.00 5.60
2002              
  Full-Service Providers 7.12 6.63 3.82 7.46 0.00 5.71
  Total Electric Industry 7.12 6.63 3.82 7.46 0.00 5.71
2003              
  Full-Service Providers 7.39 6.85 3.98 0.00 0.00 5.88
  Total Electric Industry 7.39 6.85 3.98 0.00 0.00 5.88
2004              
  Full-Service Providers 7.62 7.12 4.15 0.00 0.00 6.08
  Total Electric Industry 7.62 7.12 4.15 0.00 0.00 6.08
2005              
  Full-Service Providers 8.00 7.50 4.52 0.00 0.00 6.46
  Total Electric Industry 8.00 7.50 4.52 0.00 0.00 6.46
2006              
  Full-Service Providers 8.75 8.18 4.90 0.00 0.00 7.07
  Total Electric Industry 8.75 8.18 4.90 0.00 0.00 7.07

(updated 2006)



Time Leaving to Work in Florence City, Alabama

12:00 A.M. TO 4:59 A.M.   : 454   (3.1%)
5:00 A.M. TO 5:29 A.M.   : 306   (2.1%)
5:30 A.M. TO 5:59 A.M.   : 669   (4.5%)
6:00 A.M. TO 6:29 A.M.   : 890   (6.0%)
6:30 A.M. TO 6:59 A.M.   : 1,860   (12.6%)
7:00 A.M. TO 7:29 A.M.   : 2,080   (14.1%)
7:30 A.M. TO 7:59 A.M.   : 2,813   (19.0%)
8:00 A.M. TO 8:29 A.M.   : 1,267   (8.6%)
8:30 A.M. TO 8:59 A.M.   : 578   (3.9%)
9:00 A.M. TO 9:59 A.M.   : 758   (5.1%)
10:00 A.M. TO 10:59 A.M.   : 332   (2.2%)
11:00 A.M. TO 11:59 A.M.   : 115   (0.8%)
12:00 P.M. TO 3:59 P.M.   : 1,533   (10.4%)
4:00 P.M. TO 11:59 P.M.   : 1,125   (7.6%)


(updated 2010)



Household Size By Vehicles Available
(Florence City, Alabama)

1-person household:

No vehicle available : 707

1 vehicle available : 4,747

2 vehicles available : 866

3 vehicles available : 63

4 or more vehicles available : 78

2-person household:

No vehicle available : 369

1 vehicle available : 1,478

2 vehicles available : 3,623

3 vehicles available : 773

4 or more vehicles available : 219

3-person household:

No vehicle available : 84

1 vehicle available : 610

2 vehicles available : 745

3 vehicles available : 670

4 or more vehicles available : 146

4-or-more-person household:

No vehicle available : 83

1 vehicle available : 470

2 vehicles available : 975

3 vehicles available : 862

4 or more vehicles available : 149


(updated 2013)



Household Size By Number Of Workers In Household
(Florence City, Alabama)

1-person household:

No workers : 3,624

1 worker : 2,837

2-person household:

No workers : 2,200

1 worker : 2,442

2 workers : 1,820

3-person household:

No workers : 355

1 worker : 814

2 workers : 894

3 workers : 192

4-or-more-person household:

No workers : 268

1 worker : 721

2 workers : 1,164

3 or more workers : 386


(updated 2013)



Travel Time To Work
(Florence City, Alabama)

Less than 5 minutes : 499

5 to 9 minutes : 3,454

10 to 14 minutes : 4,746

15 to 19 minutes : 2,930

20 to 24 minutes : 2,126

25 to 29 minutes : 471

30 to 34 minutes : 638

35 to 39 minutes : 96

40 to 44 minutes : 152

45 to 59 minutes : 653

60 to 89 minutes : 441

90 or more minutes : 308


(updated 2013)



AM Radio Stations Near Florence City, Alabama

  • WBCF (1240 AM; 1.0 kW; Muscle Shoals, AL; Owner: Benny Carle Broadcasting, Inc.)
  • WBTG (1290 AM; 1.0 kW; Muscle Shoals, AL; Owner: Slatton & Associates Broadcasters, Inc.)
  • WSBM (1340 AM; 1.0 kW; Florence, AL; Owner: Big River Broadcasting Corporation)
  • WZZA (1410 AM; 0.5 kW; Sheffield, AL; Owner: Muscle Shoals Broadcasting, Inc.)
  • WLAY (1450 AM; 1.0 kW; Muscle Shoals, AL; Owner: Urban Radio Licenses, Llc)
  • WKAX (1500 AM; 1.0 kW; Russellville, AL; Owner: Pilati)
  • WVNA (1590 AM; 5.0 kW; Muscle Shoals, AL; Owner: Urban Radio Licenses, Llc)
  • WJHX (620 AM; 5.0 kW; Lexington, AL; Owner: Bar Broadcasting, Inc)
  • WGOL (920 AM; 1.0 kW; Russellville, AL; Owner: Pilati Investments Corp.)

FM Radio Stations Near Florence City, Alabama

  • WMXV (101.5 FM; Killen, AL; Owner: Urban Radio Licenses, Llc)
  • WMXV (101.5 FM; Saint Joseph, TN; Owner: Urban Radio Licenses, Llc)
  • WWFA (102.7 FM; Leighton, AL; Owner: Flinn Jr, George S)
  • WLAY-FM (103.5 FM; Tuscumbia, AL; Owner: Urban Radio Licenses, Llc)
  • WVNA-FM (105.5 FM; Tuscumbia, AL; Owner: Urban Radio Licenses, Llc)
  • WBTG-FM (106.3 FM; Sheffield, AL; Owner: Slatton & Associates Broadcasters, Inc.)
  • WQLT-FM (107.3 FM; Tuscumbia, AL; Owner: Big River Broadcasting Corporation)
  • WQPR (88.7 FM; Russellville, AL; Owner: University Of Alabama)
  • WAKD (89.9 FM; Florence, AL; Owner: American Family Association)
  • NEW (90.5 FM; Hillsboro, AL; Owner: Centro Comunitario Juvenil Mahanaim, Inc.)
  • NEW (90.5 FM; Mount Hope, AL; Owner: Decatur Educational Association)
  • NEW (90.5 FM; Anderson, AL; Owner: Southern Cultural Foundation)
  • NEW (90.5 FM; Hillsboro, AL; Owner: The Board Of Trustees Of The University Of Alabama)
  • WFIX (91.3 FM; Tuscumbia, AL; Owner: Tri-state Inspirational Broadcasting)
  • WYTK (93.9 FM; Rogersville, AL; Owner: Shoals Broadcasting Corporation)
  • WMSR-FM (94.9 FM; Cypress Inn, TN; Owner: Urban Radio Licenses, Llc)
  • WXFL (96.1 FM; Lexington, AL; Owner: Big River Broadcasting Corporation)

TV Broadcast Stations Near Florence City, Alabama

  • WYLE (Channel 26; Russellville, AL; Owner: Etc Communications Inc.)
  • WFIQ (Channel 36; Russellville, AL; Owner: Alabama Educational Television Commission)

(updated 2008)



Occupations in Florence City, Alabama

Male:


  • Management, Professional, And Related Occupations: 2,373  (30.1%)
  • Service Occupations: 999  (12.7%)
  • Sales And Office Occupations: 1,605  (20.4%)
  • Farming, Fishing, And Forestry Occupations 25  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 1,085  (13.8%)

Female:


  • Management, Professional, And Related Occupations: 2,461  (33.5%)
  • Service Occupations: 1,391  (18.9%)
  • Sales And Office Occupations: 2,768  (37.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 9  (0.1%)


(updated 2010)





There are 601 Farms In Florence City, Alabama


(updated 2008)



Banks In Florence City, Alabama

First Metro Bank - 4 Branches


    Bank Assets: $2.1m
    Industry Specialization: Commercial Lending
    Total Offices: 8

Bank Independent - 4 Branches


    Bank Assets: $4.4m
    Industry Specialization: Commercial Lending
    Total Offices: 26

Suntrust Bank - 3 Branches


    Bank Assets: $535m
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Regions Bank - 2 Branches


    Bank Assets: $235.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Wells Fargo Bank, National Association - 2 Branches


    Bank Assets: $2.8b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Cb&s Bank, Inc. - 2 Branches


    Bank Assets: $2.9m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 55

Compass Bank - 2 Branches


    Bank Assets: $150.9m
    Industry Specialization: Commercial Lending
    Total Offices: 675

First Southern Bank - 2 Branches


    Bank Assets: $413.1k
    Industry Specialization: Commercial Lending
    Total Offices: 20

Progress Bank And Trust - 1 Branches


    Bank Assets: $563k
    Industry Specialization: Commercial Lending
    Total Offices: 5

The Farmers & Merchants Bank - 1 Branches


    Bank Assets: $72k
    Industry Specialization: Other < $1 Billion
    Total Offices: 19

(updated 2014)







Airports Near Florence City, Alabama

  • Northwest Alabama Regional


    (about 6.0 miles in Muscle Shoals, Alabama; Airport Code: MSL)

  • Lawrenceburg-Lawrence County


    (about 36.6 miles in Ethridge, Tennessee; Airport Code: LWF)

  • Abernathy Field


    (about 41.3 miles in Pulaski, Tennessee; Airport Code: TN4)

  • Pryor Field Regional


    (about 42.3 miles in Tanner, Alabama; Airport Code: DCU)

  • Marion County


    (about 51.3 miles in Hamilton, Alabama; Airport Code: HAB)

  • Huntsville International-Carl T Jones Field


    (about 52.0 miles in Huntsville, Alabama; Airport Code: HSV)

  • Roscoe Turner


    (about 53.7 miles in Corinth, Mississippi; Airport Code: CRX)

  • Redstone AAF


    (about 56.4 miles in Huntsville, Alabama; Airport Code: HUA)

  • Maury County


    (about 57.6 miles in Mount Pleasant, Tennessee; Airport Code: MRC)


(updated 2015)



Modes of Transportation in Florence City, Alabama

Car, Truck, Or Van:

 

Drove Alone

86.01%

Carpooled

8.79%

Public Transportation:

 

Bus Or Trolley Bus

0.07%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.03%

Ferryboat

0.0%

Taxicab

0.03%

Motorcycle

0.07%

Bicycle

0.03%

Walked

2.46%

Other Means

0.61%

Worked At Home

1.90%



(updated 2010)





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