Commercial and Residential Real Estate in the Greater Miami, Florida area

Miami Downtown Real Estate Waterfront

Broward County, Florida

People QuickFacts Broward County Florida
Population, 2008 estimate 1,751,234 18,328,340
Population, percent change, April 1, 2000 to July 1, 2008 7.9% 14.7%
Population estimates base (April 1) 2000 1,623,016 15,982,813
Persons under 5 years old, percent, 2008 6.3% 6.2%
Persons under 18 years old, percent, 2008 23.2% 21.8%
Persons 65 years old and over, percent, 2008 14.5% 17.4%
Female persons, percent, 2008 51.3% 50.9%
White persons, percent, 2008 (a) 69.2% 79.8%
Black persons, percent, 2008 (a) 25.5% 15.9%
American Indian and Alaska Native persons, percent, 2008 (a) 0.5% 0.5%
Asian persons, percent, 2008 (a) 3.1% 2.3%
Native Hawaiian and Other Pacific Islander, percent, 2008 (a) 0.2% 0.1%
Persons reporting two or more races, percent, 2008 1.5% 1.4%
Persons of Hispanic or Latino origin, percent, 2008 (b) 24.0% 21.0%
White persons not Hispanic, percent, 2008 47.3% 60.3%
Living in same house in 1995 and 2000, pct 5 yrs old & over 47.1% 48.9%
Foreign born persons, percent, 2000 25.3% 16.7%
Language other than English spoken at home, pct age 5+, 2000 28.8% 23.1%
High school graduates, percent of persons age 25+, 2000 82.0% 79.9%
Bachelor's degree or higher, pct of persons age 25+, 2000 24.5% 22.3%
Persons with a disability, age 5+, 2000 310,454 3,274,566
Mean travel time to work (minutes), workers age 16+, 2000 27.4 26.2
Housing units, 2008 805,772 8,800,294
Homeownership rate, 2000 69.5% 70.1%
Housing units in multi-unit structures, percent, 2000 47.5% 29.9%
Median value of owner-occupied housing units, 2000 $128,600 $105,500
Households, 2000 654,445 6,337,929
Persons per household, 2000 2.45 2.46
Median household income, 2008 $51,594 $47,802
Per capita money income, 1999 $23,170 $21,557
Persons below poverty level, percent, 2008 12.0% 13.3%
Business QuickFacts Broward County Florida
Private nonfarm establishments, 2007 58,909 523,4611
Private nonfarm employment, 2007 671,430 7,425,3311
Private nonfarm employment, percent change 2000-2007 8.4% 19.4%1
Nonemployer establishments, 2007 188,879 1,618,119
Total number of firms, 2002 183,929 1,539,207
Black-owned firms, percent, 2002 12.0% 6.6%
American Indian and Alaska Native owned firms, percent, 2002 0.6% 0.6%
Asian-owned firms, percent, 2002 3.4% 2.7%
Native Hawaiian and Other Pacific Islander owned firms, percent, 2002 S 0.1%
Hispanic-owned firms, percent, 2002 16.1% 17.3%
Women-owned firms, percent, 2002 29.8% 28.4%
Manufacturers shipments, 2002 ($1000) 6,775,856 78,474,770
Wholesale trade sales, 2002 ($1000) 35,028,568 219,490,896
Retail sales, 2002 ($1000) 22,012,210 191,805,685
Retail sales per capita, 2002 $12,917 $11,498
Accommodation and foodservices sales, 2002 ($1000) 2,799,987 29,366,940
Building permits, 2008 2,164 61,042
Federal spending, 2008 10,457,025 149,872,1781
Geography QuickFacts Broward County Florida
Land area, 2000 (square miles) 1,205.40 53,926.82
Persons per square mile, 2000 1,346.9 296.4
FIPS Code 011 12
Metropolitan or Micropolitan Statistical Area Miami-Fort Lauderdale-Miami Beach, FL Metro Area

 

Broward County Census Profile Summary

Social Characteristics

Estimate

Percent

U.S.

Margin of Error

Average household size

2.58

(X)

2.61

+/-0.01

Average family size

3.29

(X)

3.20

+/-0.02

Population 25 years and over

1,203,495

 

 

+/-204

High school graduate or higher

(X)

86.8

84.5%

(X)

Bachelor's degree or higher

(X)

29.3

27.4%

(X)

Civilian veterans (civilian population 18 years and over)

112,075

8.4

10.1%

+/-2,760

With a Disability

(X)

(X)

(X)

(X)

Foreign born

523,136

29.8

12.5%

+/-7,000

Male, Now married, except separated (population 15 years and over)

331,901

48.8

52.2%

+/-3,903

Female, Now married, except separated (population 15 years and over)

323,129

43.9

48.2%

+/-3,409

Speak a language other than English at home (population 5 years and over)

581,613

35.4

19.6%

+/-7,372

Household population

1,733,178

 

 

+/-5,748

Group quarters population

(X)

(X)

(X)

(X)

 

 

 

 

 

Economic Characteristics

Estimate

Percent

U.S.

Margin of Error

In labor force (population 16 years and over)

924,771

66.4

65.2%

+/-6,725

Mean travel time to work in minutes (workers 16 years and over)

27.0

(X)

25.3

+/-0.2

Median household income (in 2008 inflation-adjusted dollars)

53,236

(X)

52,175

+/-561

Median family income (in 2008 inflation-adjusted dollars)

65,100

(X)

63,211

+/-778

Per capita income (in 2008 inflation-adjusted dollars)

29,192

(X)

27,466

+/-356

Families below poverty level

(X)

8.3

9.6%

(X)

Individuals below poverty level

(X)

11.5

13.2%

(X)

 

 

 

 

 

Housing Characteristics

Estimate

Percent

U.S.

Margin of Error

Total housing units

802,069

 

 

+/-2,243

Occupied housing units

671,239

83.7

88.0%

+/-4,586

Owner-occupied housing units

477,166

71.1

67.1%

+/-4,460

Renter-occupied housing units

194,073

28.9

32.9%

+/-3,587

Vacant housing units

130,830

16.3

12.0%

+/-3,654

Owner-occupied homes

477,166

 

 

+/-4,460

Median value (dollars)

286,700

(X)

192,400

+/-2,248

Median of selected monthly owner costs

 

 

 

 

With a mortgage (dollars)

1,955

(X)

1,508

+/-20

Not mortgaged (dollars)

580

(X)

425

+/-8

 

 

 

 

 

Demographic Estimates

Estimate

Percent

U.S.

Margin of Error

Total population

1,754,846

 

 

*****

Male

853,513

48.6

49.3%

+/-378

Female

901,333

51.4

50.7%

+/-378

Median age (years)

39.6

(X)

36.7

+/-0.2

Under 5 years

111,520

6.4

6.9%

+/-126

18 years and over

1,343,042

76.5

75.5%

*****

65 years and over

251,739

14.3

12.6%

+/-345

One race

1,710,925

97.5

97.8%

+/-3,260

White

1,153,750

65.7

74.3%

+/-4,813

Black or African American

426,310

24.3

12.3%

+/-3,253

American Indian and Alaska Native

3,735

0.2

0.8%

+/-641

Asian

52,506

3.0

4.4%

+/-1,024

Native Hawaiian and Other Pacific Islander

1,659

0.1

0.1%

+/-424

Some other race

72,965

4.2

5.8%

+/-4,724

Two or more races

43,921

2.5

2.2%

+/-3,260

Hispanic or Latino (of any race)

408,543

23.3

15.1%

*****





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