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Market AnalysisUpdated March 2026

Broward County, FL — Market Snapshot

Real estate market data for Broward County, Florida. Census demographics, rental trends, and economic indicators for investors and developers.

Population

1,946,127

ACS 2023

Median Household Income

$84,218

ACS 2023

Renter-Occupied

37%

ACS 2023

Median Rent

$1,844/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
23.0%
Ages 20–29
11.7%
Ages 30–39
13.5%
Ages 40–49
13.5%
Ages 50–59
14.0%
Ages 60–69
12.2%
Over 70
12.1%

Household Income Distribution

Under $30K
19.0%
$30K–$50K
15.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Moderate (4-5x)

ACS 2023

Price-to-Income Ratio

7.8x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
7.8x

At 7.8x price-to-income, median home prices in Broward County are significantly above what income alone can support.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$579,000
Median Gross Rent
$1,844/mo
Homeownership Rate
63%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$1,798/mo
Median Annual Property Tax(ACS estimate)
$3,921
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Broward County HPI

417.1

FRED Q4 2025

Since 2020

+64.3%

vs. 2020 baseline

Broward County home values have appreciated 64.3% since 2020, trailing the Florida statewide average of 69.4%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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Market Tier

Bawa Score: 85 / 100

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Economic Indicators

Unemployment Rate
4.2%
Per Capita Personal Income
$74,506
Labor Force
1,040,867
GDP
$137B
Building Permits
1,655

▼ −62.6% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$15.7B
State Home Price Index
823.6
State GDP
$1.7T

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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