Broward County, FL

Comprehensive housing, income, and cost of living data for Broward County, Florida. Population: 1.9M.

Median Home Price
$458.9K

Based on 53 cities

Median Household Income
$74.5K

Annual household income

Price-to-Income Ratio
6.2x

Less affordable

Salary Needed to Buy
$120.5K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$3,610

Average annual amount

Effective Tax Rate
0.79%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$2,320
Property Tax$301
Insurance$191
Total Monthly$2,812
Historical Home Prices
2015
$209.9K
2016
$228.1K
+8.7%%
2017
$251.8K
+10.4%%
2018
$270.0K
+7.2%%
2019
$279.1K
+3.3%%
2020
$299.8K
+7.4%%
2021
$350.9K
+17.0%%
2022
$413.5K
+17.8%%
2023
$439.1K
+6.2%%
2024
$442.2K
+0.7%%
2025
$418.5K
-5.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.0%%

Below national average

Population Density
1,614

People per square mile

Homicide Rate
6.4

Low (per 100K residents)

Political Lean (2020)
Competitive

D+0

Racial Demographics

White
31.9%
Black
27.6%
Hispanic
31.9%
Asian
3.6%
Two or More Races
3.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
76°F

Annual average

Sunny Days
181

Days per year

Annual Rainfall
59.9"

Inches per year

Natural Disaster Risk
High Risk

Score: 100/100

January Low
21°F

Average winter low

July High
85°F

Average summer high

Frequently Asked Questions

What is the median home price in Broward County, FL?

The median home price in Broward County, Florida is $458.9K. The price-to-income ratio is 6.2x, meaning the median home costs 6.2 times the median household income.

What salary do you need to buy a home in Broward County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $120.5K per year to buy the median home in Broward County, FL. Monthly housing costs break down to $2,320 for mortgage, $301 for property tax, and $191 for insurance.

What is the property tax rate in Broward County?

The effective property tax rate in Broward County is 0.79%, which comes to approximately $3,610 per year on the median home.

What is the median household income in Broward County?

The median household income in Broward County, Florida is $74.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.0%%.

Is Broward County a good place to live?

Broward County, Florida has a population of 1.9M. Housing affordability is challenging with a price-to-income ratio of 6.2x. The climate averages 76 degrees F with 181 sunny days per year. Compare Broward County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.