Fort Lauderdale is the eighth largest city in Florida is terms
of population. Fort Lauderdale is located in Broward County and borders the Atlantic Ocean. Tourism is Fort Lauderdale's largest
industry, with a focus on water recreation. The city is home to over 42,000 resident yachts and 100 marinas and boatyards. Fort
Lauderdale also has a large convention center, attracting 30% of the city's visitors. Fort Lauderdale is a fast growing market for
international trade. Many companies have established business operations in Fort Lauderdale with Latin American headquarters,
including AT&T, AutoNation, CityCorp, Galaxy Latin America, Hewlett Packard, and others. Top employers for Fort Lauderdale are Tenet
Healthcare, American Express, The Continental Group, Motorola, and Maxim Integrated Products.
Lauderdale is in South East Florida. It's
population as recorded in the 2010 Census was 165,521.
The median age for residents of Fort Lauderdale is 42.2. Around 21% of
Fort Lauderdale households include school aged children and 26.2% of households include individuals aged 65 years or over. Census
records indicate 62.6% of the Fort Lauderdale population are White, 30.9% are Black or African American, .2% American Indian, 1.4%
Asian and 2.1% are Two or more Races.
There are 93,159 housing units in Fort Lauderdale. 18,373 (19.7%) of these were
reported as vacant in the 2010 Census. Fort Lauderdale is a tourist destination, 50% (9,195) of it's vacant housing units were
classed as seasonal, recreational or for occasional use. There are 38,542 residential rental units in Fort Lauderdale. 33,763 of
them were occupied in 2010 providing a residential rental vacancy rate of 12%.
The median household income in this part of Florida is $76,102.
The bottom 10% of the population earn less than $24,733 per year.
The top 10% earn more than $181,909 per year. The top 1%
earn more than $586,763 per year.
Most renters earn
between $38,304 (20th percentile)
and $66,048 (80th percentile) per year.
The median monthly rent in this part of Florida is $1,323.
Most renters earn
and $5,504 per month.
They typically spend 33% of their monthly income on rent.
Most rents fall in the $1,021 (20th percentile)
to $1,715 (80th percentile) range.
The residential vacancy rate is 7%.