Broward County, Florida

Dania in Broward County FL Deerfield Beach in Broward County FL Fort Lauderdale in Broward County FL Hollywood in Broward County FL Pompano Beach in Broward County FL

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.

Sue Goldthorp

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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Broward County Florida.

Broward County Florida Cities

There are 7 cities in Broward County Florida. These are listed below. Click on a link for details.

Dania, Deerfield Beach, Fort Lauderdale, Hallandale, Hollywood, Pembroke Pines, Pompano Beach,

Broward County has a population of approximately 1,815,137 people. The population increased 3.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Broward County is 1209.79 square miles and had a population density of 1444.9 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.

There are 810,795 housing units in Broward County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Broward County has a 68.2% homeownership rate compared to Florida's rate of 69.0%. Broward County's medium household income in 2011 was $51,782, which is higher than the medium income for Florida as a whole: $47,827.

Regional Economic Indicators
RegionPopulation
2012
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 19,317,568 $630,738 2.7% $47,827 9,026,965 $188,600
Broward County 1,815,137 $73,668 3.8% $51,782 810,795 $225,300

13.0% of the population in Broward County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:

Broward County Economic Activity

The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Broward County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $73,668 million, Broward County's economic activity represents 11.68% of the Florida economy.

Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $7,161 9.7%
Merchant wholesaler sales $31,412 42.6%
Retail sales $30,886 41.9%
Accommodation and food services sales $4,209 5.7%
Total $73,668100%

Broward County Regional Comparisons

Broward County is located in Southeast Florida. This region is responsible for 37.7% of Florida's economic activity. Broward County represents 31.0% of the region's economy.

Regional Economic Indicators
RegionPopulation
2012
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Indian River County 140,567 $2,455 1.8% $46,363 76,251 $179,300
St. Lucie County 283,866 $5,576 2.2% $44,947 137,581 $157,600
Martin County 148,817 $4,347 1.7% $53,612 78,356 $238,200
Palm Beach County 1,356,545 $38,668 2.8% $52,951 668,159 $236,600
Broward County 1,815,137 $73,668 3.8% $51,782 810,795 $225,300
Miami-Dade County 2,591,035 $110,643 3.8% $43,957 990,558 $246,800
Monroe County 74,809 $2,136 2.4% $53,889 52,552 $463,100
Total 6,410,776 $237,494 2.6% $49,643 2,814,252 $249,557

Broward Real Estate

There are 476,266 properties in Broward County. The following table shows a summary of them based on 2013 sales data.

Broward County Real Estate Sales Summary
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Commercial Property 0 0.00 509 $850,000 $159January 1st, 2013October 1st, 2013
Government Property 3,203 0.67 1 $1,600,000 $93August 1st, 2013August 1st, 2013
Residential Property 0 0.00 25,941 $161,100 $101January 1st, 2013October 1st, 2013

Commercial Real Estate in Broward County, Florida

0( .00%) of the properties in Broward County are classified as Commercial. 509 of them sold between January 1st, 2013 and October 1st, 2013. The total value of these sales was $1,246,096,649. The median sales price was $850,000. In 2013 the median sales price for A Class Commercial Property in Broward County was $536 per sq ft, B Class properties sold for $159/ft and C Class $54/ft.

Government Real Estate in Broward County, Florida

3,203( .67%) of the properties in Broward County are classified as Government. 1 of them sold between August 1st, 2013 and August 1st, 2013. The total value of these sales was $1,600,000. The median sales price was $1,600,000. In 2013 the median sales price for Government Property in Broward County was $93 per sq ft.

Residential Real Estate in Broward County, Florida

0( .00%) of the properties in Broward County are classified as Residential. 25,941 of them sold between January 1st, 2013 and October 1st, 2013. The total value of these sales was $7,572,740,974. The median sales price was $161,100. In 2013 the median sales price for A Class Residential Property in Broward County was $163 per sq ft, B Class properties sold for $101/ft and C Class $52/ft.

Additional Details:

Broward Market Data

Broward Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 752 1,925,810
Government Property 2,229 77,351,450
Health Care 134 9,686,663
Hotel & Motel 652 19,344,345
Industrial 6,746 121,806,349
Land 13,598 6,641,777
Miscellaneous Property 279 2,818,384
Mobile/Manufactured 4,155 4,400,774
Multifamily 18,003 130,153,161
Office 3,318 61,338,009
Residential 433,405 835,215,833
Retail 6,766 102,938,099
Senior Housing 162 7,403,526
Special Purpose 1,639 25,125,299
Sports & Entertaining 289 4,305,584