Housing Profile
Broward County, Florida

• Population, 2007: 1765705. Broward County ranks # 2 of Florida's 67 counties in population.

• Households, 2007: 713099

• In 2030, Broward County is projected to have a population of 2203900, ranking it # 2 of Florida's 67 counties.

Projected Total Population, Broward County, 2007-2030

Place	2007	2010	2015	2020	2025	2030
Broward County	1765705	1806298	1915782	2016400	2113403	2203900
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Sources:   Not Available.

Existing Home Values (Based on County Property Appraisers' Just Value)

• Single Family Home, average just value, 2008: $328371. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
• Mobile Home, average just value, 2008: $175179.
• Condominium, average just value, 2008: $170074.
• 
  * -100 means less than 25 observations
  * -200 means less than 2/3 of observations have valid year built entries
  * -300 means less than 2/3 of observations have valid square footage entries
  * -400 means no observations

Home Sales Prices

• The average sales price for a single family home was $439422 in 2007. The median sales price that year was $330000, compared to a statewide median sales price of $240000.
• 
  * -100 means less than 25 observations.
  * -200 means less than 2/3 of observations have valid entries for that year.
  * -300 means less than 2/3 of observations have valid square footage entries.
  * -400 means no observations.

Median Sales Price for Single Family Homes and Condominiums, Broward County, 1996-2007

Place	Housing Type	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
Broward County	Condominiums	NA	NA	0	57850	NA	71200	85500	100000	130000	187000	205400	199900
Broward County	Single Family Homes	NA	NA	1683900	134900	NA	165000	185000	207200	250000	310000	332000	330000
Notes:  * -100 means less than 25 observations. * -200 means less than 2/3 of observations have valid entries for that year. * -300 means less than 2/3 of observations have valid square footage entries. * -400 means no observations. Sources:  County property appraiser tax rolls, compiled by Shimberg Center - Florida Housing Data Clearinghouse.

Rents

• The median rent paid by Broward County households in 2000 was $757 per month, compared to a statewide median rent of $641.

• In Broward County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $977 for a studio apartment, $1092 for a one-bedroom, $1313 for a two-bedroom, $1816 for a three-bedroom, and $2306 for a four-bedroom unit.

Households by Monthly Rent Paid, Broward County,2000

Place	No Cash Rent	less than 200	between 200 and 299	between 300 and 499	between 500 and 749	between 750 and 999	between 1000 and 1499	1500 or more
Broward County	6809	3892	3515	17640	69173	62862	28298	7376

Cost Burden, General

• "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 235525 Broward County households (33%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.

• 103344 households in Broward County (14%) pay more than 50% of income for housing.

Households by Cost Burden, Broward County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Total	477574	132181	103344
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** The Household Demographic Data Access Tool allows users to combine any of the variables below to create a custom report. For example, a user could find the number of 1-2 person renter households age 65 and older who pay more than 50% of income for housing by selecting household size, householder age, and household income as indicators.

Households by Homeowner/Renter Status and Cost Burden, Broward County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Owner	347817	84538	58676
Renter	129757	47643	44668
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

Household Income

• In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In Broward County and the surrounding metro area, the HUD-estimated median income for a family of four is $64000 in 2008.

Households by Income and Cost Burden, Broward County, 2007

Household Income as Percentage of Area Median Income	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
<=30% AMI	24300	8984	50287
30.01-50% AMI	20752	27837	27738
50.01-80% AMI	59763	44514	16262
80.01+% AMI	372759	50846	9057
Total	477574	132181	103344
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** For more detailed income categories and to combine with other variables such as age, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.

Elderly Households

• 169368 households in Broward County (23.8%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.

• 283568 of elderly households in Broward County (84.1%) own their homes.

• 56725 elderly households (33%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Broward County, 2007

Age of Householder	Amount of Income Paid for Housing
	0-30%	30-49.9%	50+ %
65+	112643	28010	28715
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** To learn about all head-of-household age categories and to combine with other variables such as income, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.

Size of Households

• 443657 households in Broward County (62%) are made up of 1-2 persons in 2007. 34% of these households pay more than 30% of income for rent or mortgage costs.

• 200673 households in Broward County (28%%) are made up of 3-4 persons in 2007. 31% of these households pay more than 30% of income for rent or mortgage costs.

• 68791 households in Broward County (10%%) are made up of 5 persons or more in 2007. 33% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, Broward County, 2007

Number of Persons in the Household	Amount of Income Paid for Housing
	0-30%	30.01-50%	50.01+ %
1-2	292129	80558	70970
3-4	139196	37834	23643
5+	46270	13792	8729
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** To combine with other variables such as income, head-of-household age, and owner/renter status, try the Household Demographic Data Access Tool.

Disability and Affordable Housing Need

• In 2000, 81380 low-income households included at least one person with a disability age 15 or older. These households had incomes below 60% of the area median income.

Low-Income (<60% AMI) Households Including Persons with Disabilities Age 15+ and Cost Burden, Broward County, 2000

Amount of Income Paid for Housing
0-29.9%	30-49.9%	50+ %
26020	21345	34015

Single Family Home Size and Age

• In 2008, the median size for a new single-family home in Broward County was 2014 square feet.

Year Structure Built, Broward County, 2000

Year Structure Built, 2000
1939 and earlier	1940s	1950s	1960s	1970s	1980s	1990s	Place
7762	12615	70767	127699	220745	157319	144136	Broward County

Substandard Housing

Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing. In 2000,

• 48389 housing units (7.4% of all units) in Broward County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.

• 19952 units (3.0%) in Broward County did not use home heating fuel, compared to a statewide percentage of 1.8%.

• 3342 units (0.5%) in Broward County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.

• 2617 units (0.4%) in Broward County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.