Area Insights of 33023, Hollywood, 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 370 homes were sold with 89 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33023, Hollywood, FL

Date

05-17-2023

Price Ratio

99%

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

Young Kidz Academy

PK to KG

I Zion Children Academy

PK to TKG

Annunciation School

PK to 8

Mimi's Learning Center

PK to 5

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 5% 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 (65,356)
32,024 Male
33,332 Female
Education
34% High School
12% Associate
11% Bachelor
6% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 64% owner-occupied homes and 36% renter-occupied properties. Family households represent 77% of the population, indicating a strong community focus on family living. The average home value stands at $470,542, which suggests ample demand for multi-bedroom properties.

Total Households
20,972
Average home value
$470,542
Owned
64%
Rented
36%
Vacant
5%
Families
77%
Married
43%
With children
37%

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 2% Asian, 54% Black, and 1% Native residents, alongside 14% White and 34% 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 24% of households earning over $100,000 annually, while 38% 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
15%
Professional
5%
Education
8%
Services
32%
Labor
13%
Retail
16%
Other
10%
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