Area Insights of Fort Lauderdale, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 4707 homes were sold with 1092 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Fort Lauderdale, FL

Date

04-06-2022

Price Ratio

94%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Mount Bethel Christian Academy

PK to 8

Fidelis Academy

PK to 8

Leadership Preparatory Academy

6 to 7

Care and Share Uxbridge Christian Academy

PK to 3

Kla School of Fort Lauderdale

PK to KG

Middle School

No schools available

High School

No schools available

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 10% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (854,145)
421,264 Male
432,881 Female
Education
24% High School
10% Associate
24% Bachelor
15% Graduate
Age

Average Age is 41 Years

Household Details

The area's household landscape is diverse, with 62% owner-occupied homes and 38% renter-occupied properties. Family households represent 62% of the population, indicating a strong community focus on family living. The average home value stands at $652,657, which suggests ample demand for multi-bedroom properties.

Total Households
350,498
Average home value
$652,657
Owned
62%
Rented
38%
Vacant
11%
Families
62%
Married
41%
With children
27%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 29% Black, and 0% Native residents, alongside 40% White and 29% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 34% of households earning over $100,000 annually, while 29% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
13%
Professional
9%
Education
8%
Services
30%
Labor
16%
Retail
14%
Other
8%
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