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Florida

Borrowing in Broward County, FL: a county-level guide

By the Personal Loan Compare editorial team · Last reviewed and updated October 28, 2026 · How we write and check

Short answer

The median Broward County household earns $77,633, and 12% of residents live below the poverty line. A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Florida license first.

On this page
  1. Broward County by the numbers
  2. Rent, home values and ownership in Broward County
  3. Income in Broward County compared with Florida
  4. The Broward County job picture
  5. Neighboring counties at a glance
  6. The communities that make up Broward County
  7. More Broward County figures
  8. Before borrowing in Broward County
  9. Budget math at the Broward County median
  10. A Broward County borrower's checklist
  11. Who licenses lenders for Broward County residents
  12. More guides for Broward County
  13. Frequently asked questions

Broward County by the numbers

1,977,129Population (ACS 2020-24)
$77,633Median household income
$1,907/moMedian gross rent
$414,600Median home value
64%Owner-occupied homes
12%Below the poverty line
1,203 sq miLand area
41.3Median age

With an estimated 1,977,129 residents (ACS 2020 to 2024), Broward County ranks 2nd of 67 in Florida for population. Land area is 1,203 square miles (2024 Gazetteer), so density runs near 1,644 per square mile. The federal metro definitions (OMB, July 2023) place it in the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan area. The Census Bureau counts 37 places in the county (31 incorporated, 6 census-designated); the largest is Fort Lauderdale, with about 185,604 residents, or 9% of the county.

Rent, home values and ownership in Broward County

Median gross rent, utilities included, comes to $1,907 in Broward County versus $1,669 statewide. 65% of renting households spend 30% or more of income on rent, and 35% spend half or more. Home values center on $414,600, or 5.3 years of median income. 64% of Broward County households own their home and 36% rent. Half the housing stock was built before 1980.

Broward CountyFloridaU.S. county median
Median gross rent$1,907/mo$1,669/mo$877/mo
Median home value$414,600$359,000$185,300
Owners64%68%75%
Rent-burdened renters65%60%45%
Burdened owners43%35%n/a
Mobile homes2.6%8.0%n/a

Rent pressure is real here, so run any payment through the debt-to-income calculator before you apply.

Income in Broward County compared with Florida

Half of Broward County households take in less than $77,633 a year and half take in more, 4% above the Florida median of $74,568. In the state ranking that is 19th of 67.

Yearly household incomeBroward CountyGap to Florida
Under $35,00022.0%-0.3 pts
$35,000 to $99,99939.5%-1.5 pts
$100,000 to $199,99926.2%+0.5 pts
$200,000 or more12.2%+1.3 pts

About 22% of households earn under $35,000, while 38% clear $100,000. The poverty rate is 12.2%, the same as the state's 12.6%. Income inequality, measured by the Gini index, comes to 0.488 here. If your income is irregular, as it often is with tips, gig work or seasonal jobs, plan around your leaner months rather than the Broward County median.

The Broward County job picture

By the Census industry count, 21% of employed Broward County residents work in education and health care and 15% in professional and administrative services. ACS puts five-year average unemployment at 5.4% in Broward County. 20% of commuters travel 45 minutes or more each way, and 15% work from home. 6.8% of households have no vehicle.

IndustryShare of Broward County workersvs Florida
Education and health care20.5%-0.5 pts
Professional and administrative services15.4%+1.2 pts
Retail trade12.1%+0.1 pts
Arts, lodging and food service10.3%-0.7 pts
Finance, insurance and real estate8.0%-0.1 pts
Construction7.2%-1.0 pts

Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.

Neighboring counties at a glance

Palm Beach County is closest, 32 miles from center to center; the sixth, Martin County, is 62 miles off. Collier County leads the group on income ($90,045), Hendry County trails ($56,393), and Broward County out-earns 2 of the six.

Adjacent areaHow farHH income (median)Rent (median)Owner share
Broward County-$77,633$1,907/mo64%
Palm Beach County, FL32 mi$83,581$1,916/mo70%
Miami-Dade County, FL40 mi$71,753$1,829/mo52%
Hendry County, FL48 mi$56,393$1,003/mo74%
Monroe County, FL54 mi$87,738$1,999/mo66%
Collier County, FL58 mi$90,045$1,862/mo77%
Martin County, FL62 mi$82,943$1,569/mo80%

The communities that make up Broward County

Here are the 14 most populous of the county's 37 Census places, with income and rent from the same 2020 to 2024 survey. About 100% of Broward County residents live in one of the 37. Among places of 500 or more people, median income runs from $38,333 in Franklin Park to $198,669 in Parkland. Median rent ranges from $1,233 in Franklin Park to $3,346 in Hillsboro Beach. City guides exist for the linked Broward County places; everyone else in the county can use this page.

PlaceTypePopulationMedian incomeMedian rentFrom county center
Fort Lauderdalecity185,604$83,130$1,85421 mi
Pembroke Pinescity173,194$85,104$2,04615 mi
Hollywoodcity155,082$67,203$1,65322 mi
Miramarcity138,600$89,125$2,11718 mi
Coral Springscity136,103$93,602$2,08414 mi
Pompano Beachcity114,147$67,195$1,72422 mi
Davietown108,346$87,250$2,06614 mi
Sunrisecity97,918$77,652$2,14013 mi
Plantationcity96,293$92,541$2,24014 mi
Deerfield Beachcity88,093$59,730$1,77423 mi
Lauderhillcity74,896$51,165$1,68416 mi
Tamaraccity73,019$61,718$1,89514 mi
Westoncity68,837$139,825$2,8518 mi
Margatecity59,198$62,450$1,75017 mi

More Broward County figures

College graduates make up 37% of the adult population. The uninsured rate is 12.5%, against 11.5% for Florida.

IndicatorBroward CountyAll of FloridaU.S. county median
Median age41.342.641.5
Bachelor's or higher36.7%34.1%22.2%
No high school diploma9.6%10.1%n/a
No health insurance12.5%11.5%7.8%
No vehicle6.8%6.0%5.4%
Work from home14.7%15.7%8.7%
Poverty rate12.2%12.6%13.2%
Unemployment (ACS)5.4%4.8%4.4%
One-way commuteShare of Broward County workers
Under 15 min16.9%
15 to 29 min37.3%
30 to 44 min26.3%
45 to 59 min10.1%
60+ min9.4%

Before borrowing in Broward County

The county's numbers point to a few situations that come up often for Broward County borrowers.

  • Medical bills. 12% of Broward County residents are uninsured. Before borrowing for care, ask the provider about financial assistance and payment plans.
  • Keeping the car running. At 20% with long commutes, repairs are a frequent Broward County emergency; first decide if the car is worth fixing.
  • Renters under pressure. When 65% pay 30% or more for rent, the smallest loan that solves the problem is the right size.

Budget math at the Broward County median

The debt-to-income ratio is the main affordability test lenders use. Applied to Broward County's medians:

  • Monthly gross at the median, Broward County: $6,469
  • 29% goes to median rent ($1,907)
  • Under a 40% cap, $2,588 total minus rent leaves $681

Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Broward County's.

A Broward County borrower's checklist

A short checklist for Broward County borrowers:

  • Price the Broward County expense first and borrow that amount, no more.
  • Prequalify with soft pulls where offered, then compare in writing.
  • Only work with lenders licensed for Florida borrowers.
  • Ask a Broward County credit union about member loans.

Who licenses lenders for Broward County residents

Before sharing details with a lender, a Broward County resident can confirm its license with the Florida Office of Financial Regulation. The Consumer Financial Protection Bureau accepts complaints nationwide. See the Florida state guide for the statewide picture.

Guides that cover parts of Broward County:

Frequently asked questions

Is Broward County a high-income county?

Its $77,633 median ranks 19th of 67 Florida counties and compares with $65,681 for the median U.S. county.

How much is rent in Broward County?

Median gross rent, utilities included, is $1,907 a month; 65% of renters spend 30% or more of income on it.

Does this page cover Fort Lauderdale?

Yes, along with the other 36 Census places in Broward County, such as Pembroke Pines, Hollywood, Miramar.

Is the fit check different in Broward County?

No. It is identical everywhere, and it never looks at your neighborhood.

Where can someone in Broward County check a lender's license?

With the Florida Office of Financial Regulation. If a lender is unlicensed or asks for a fee before funding, walk away.

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