579 Banks Rd, Margate
Broward County Real Estate - Pompano Beach
Pompano Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,845.
The median age for residents of Pompano Beach is 42.7. Around 23.7% of Pompano Beach households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 62.6% of the Pompano Beach population are White, 28.8% are Black or African American, .2% American Indian, 1.3% Asian and 2.3% are Two or more Races.
There are 55,885 housing units in Pompano Beach. 13,703 (24.5%) of these were reported as vacant in the 2010 Census. Pompano Beach is a tourist destination, 55.6% (7,621) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 20,183 residential rental units in Pompano Beach. 17,190 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.
Pompano Beach links:
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Broward County
Broward County is part of the southeast Florida region along with Miami-Dade, Indian River, St. Lucie, Martin, Palm Beach, and Monroe counties. Broward County has 29 recognized cities and towns, the largest being Fort Lauderdale, Pembroke Pines, and Hollywood. 95% of the properties in Broward County are residential, implying that it is a largely suburban area. Broward County is centrally located between major metropolitan areas in Miami-Dade and Palm Beach Counties. The county?s population is over 1.5 million, making it the second most populous in Florida.
Broward County identified these industries as focuses for its expansion efforts: advanced materials and High-Tech Manufacturing, aviation/aerospace, international trade, marine industries, and headquarters and management operations. Major private sector employers are American Express, Nova Southeastern University, AutoNation, Kaplan Higher Education, and The Answer Group. Top public employers are Broward County School District, Broward County Government, North Broward Hospital District, Memorial Healthcare System, and the City of Fort Lauderdale.
Port Everglades and Fort Lauderdale-Hollywood International Airport are major contributors to the region?s economy. Port Everglades is the third most trafficked port for cruise passengers in the nation. It is also a major destination for container cargo and imported petroleum. FLL is the 21st-busiest airport in the United States and the Florida Department of Transportation estimates its economic impact at $10.6 billion.
The county seat and largest city, with a population over 165,000, is Fort Lauderdale. The eighth-largest city in the state is a travel destination, especially for LGBT tourists. Fort Lauderdale and the adjacent Wilton Manors are among the most friendly cities to LGBT people and are among the cities with the highest proportions of same-sex couples.
Nova Southeastern University is a major private school located in the suburb of Davie. Broward College has campuses throughout the county. City College and the Art Institute of Fort Lauderdale are located in the city, as are satellite campuses of Florida Atlantic University and Florida International University.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 581 Banks Rd | Single Family | 1,072 | B |
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| 577 Banks Rd | Single Family | 1,046 | B |
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| 583 Banks Rd | Single Family | 1,029 | B |
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| 585 Banks Rd | Single Family | 1,046 | B |
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| 575 Banks Rd | Single Family | 1,046 | B |
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| 587 Banks Rd | Single Family | 1,072 | B |
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| 763 Banks Rd | Single Family | 1,167 | B |
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| 573 Banks Rd | Single Family | 1,029 | B |
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| 765 Banks Rd | Single Family | 1,213 | B |
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| 589 Banks Rd | Single Family | 1,072 | B |
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| 571 Banks Rd | Single Family | 1,046 | B |
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| 761 Banks Rd | Single Family | 1,144 | B |
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| 767 Banks Rd | Single Family | 1,142 | B |
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| 591 Banks Rd | Single Family | 1,029 | B |
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| 759 Banks Rd | Single Family | 1,117 | B |
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| 569 Banks Rd | Single Family | 1,046 | B |
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| 769 Banks Rd | Single Family | 1,103 | B |
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| 593 Banks Rd | Single Family | 1,046 | B |
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| 757 Banks Rd | Single Family | 1,117 | B |
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| 771 Banks Rd | Single Family | 1,103 | B |
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| 755 Banks Rd | Single Family | 1,117 | B |
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| 567 Banks Rd | Single Family | 1,029 | B |
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| 595 Banks Rd | Single Family | 1,085 | B |
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| 805 Banks Rd | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 773 Banks Rd | Single Family | 1,117 | B |
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| 565 Banks Rd | Single Family | 1,029 | B |
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| 775 Banks Rd | Single Family | 1,117 | B |
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| 597 Banks Rd | Single Family | 1,046 | B |
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| 751 Banks Rd | Single Family | 1,117 | B |
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| 563 Banks Rd | Single Family | 1,046 | B |
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| 599 Banks Rd | Single Family | 1,029 | B |
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| 777 Banks Rd | Single Family | 1,103 | B |
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| 749 Banks Rd | Single Family | 1,117 | B |
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| 533 Banks Rd | Single Family | 1,029 | B |
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| 535 Banks Rd | Single Family | 1,029 | B |
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| 537 Banks Rd | Single Family | 1,046 | B |
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| 601 Banks Rd | Single Family | 1,029 | B |
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| 803 Banks Rd | Single Family | 1,115 | B |
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| 539 Banks Rd | Single Family | 1,063 | B |
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| 779 Banks Rd | Single Family | 1,103 | B |
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| 747 Banks Rd | Single Family | 1,117 | B |
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| 801 Banks Rd | Single Family | 1,104 | B |
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| 541 Banks Rd | Single Family | 1,088 | B |
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| 603 Banks Rd | Single Family | 1,063 | B |
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| 561 Banks Rd | Single Family | 1,046 | B |
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| 799 Banks Rd | Single Family | 1,113 | B |
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| 543 Banks Rd | Single Family | 1,029 | B |
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| 741 Banks Rd | Single Family | 1,117 | B |
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Local Household Income
The median household income in this part of Florida is $61,545. The bottom 10% of the population earn less than $21,166 per year. The top 10% earn more than $141,056 per year. The top 1% earn more than $347,811 per year. Most renters earn between $37,476 (20th percentile) and $58,572 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $123,090 and $153,863.
The tax assessed value of this property places it in percentile 25 of all properties in this area. This suggests it would appeal to someone earning around $36,690 per year who should qualify for a mortgage between $73,380 and $91,725.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,297. Most renters earn between $3,123 and $4,881 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,015 (20th percentile) to $1,595 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 25 of all properties in this area. This corresponds to a rent of $1,077 per month and a monthly household income of $3,276 ($39,312 per year)
Nearby Companies
767 Banks Rd
775 Banks Rd
547 Banks Rd
601 Banks Rd