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Florence is considered a Large Town with a population of 10,755 and 1,620 businesses. 13 in 2018 were added to the Florence Chamber of Commerce business directory which was less than 2017 which had 19.

The economy of Florence employs 3,786 people and has an unemployment rate of 9.1%. Some of the largest industries in Florence are Professional Services (115),Restaurants (70), and Builders & Contractors (62).
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