Broward County, Florida: commercial real estate data.
Broward County, Florida had an estimated 2,037,472 residents on July 1, 2024, up 4.8 percent since the 2020 census base of 1,944,404, across 1,210 square miles. County output reached $173.65 bn in 2024, 68,191 establishments operate here, and the SBA record carries 3,377 7(a) approvals worth $1.71 bn since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Broward County
How many people live in Broward County
- Population, American Community Survey 2020-20241,977,129
- Households753,956
- Average household size2.62
- Median household income$77,633
- Median age41.3
- Median gross rent$1,907 per month
- Median owner-occupied home value$414,600
- Home value to household income5.3 times
- Annual rent as a share of median income29.5 percent
- Adults 25 and over with a bachelor degree or higher36.7 percent
- Adults 25 and over with a graduate degree14.3 percent
- Adults 25 and over1,418,380
- Population under 18410,337
- Share under 1820.8 percent
- Population 65 and over354,411
- Share 65 and over17.9 percent
- Working age population, 18 to 641,212,381
- Civilian labor force1,068,318
- Unemployment rate5.4 percent
- Labor force participation, adults 18 and over68.2 percent
- Rank by population among Florida counties2nd of 67
- Rank by population among US county-equivalents, Puerto Rico included17th of 3,222
Broward County is the 2nd largest of 67 Florida counties by population. A median home costs 5.3 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 20.8 percent against 17.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Broward County
Is Broward County's population growing?
- Population, July 1, 20242,037,472
- Census 2020 base population1,944,404
- Population change since the 2020 census base4.79 percent
- Population change, 2023 to 202434,686
- Births, 202420,764
- Deaths, 202416,251
- Natural change, 20244,513
- Net domestic migration, 2024-26,339
- Net international migration, 202456,567
- Total net migration, 202430,228
- Cumulative net domestic migration, 2021 to 2024-64,404
- Rank by growth among US county-equivalents559th of 3,144
The county has grown 4.79 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Broward County
Where are people moving to Broward County from?
- Tax returns filed by households arriving54,256
- People arriving, from those returns87,979
- Tax returns filed by households leaving55,404
- Net household movement-1,148
- Adjusted gross income arriving$6.27 bn
- Net adjusted gross income movement$1.53 bn
- Average income of an arriving household$115,504
- Average income of a leaving household$85,444
- Largest single originMiami-Dade County (17,387 households)
- Largest single destinationMiami-Dade County (10,323 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Miami-Dade County | 17,387 | 29,138 | $1.25 bn |
| Palm Beach County | 5,883 | 9,150 | $492.1 m |
| Orange County | 1,104 | 1,600 | $62.4 m |
| Kings County | 1,000 | 1,667 | $84.6 m |
| Queens County | 878 | 1,453 | $57.5 m |
| New York County | 608 | 903 | $113.2 m |
| Los Angeles County | 604 | 948 | $67.6 m |
| Hillsborough County | 587 | 837 | $43.8 m |
Households arriving report $30,060 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Miami-Dade County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Broward County
What is the Broward County economy?
- County GDP, 2024$173.65 bn
- County GDP, 2023$164.57 bn
- GDP change, 2023 to 20245.5 percent
- GDP change over five years48.1 percent
- Rank by GDP among the Florida areas BEA publishes2nd of 67
- Rank by GDP among the US county areas BEA publishes25th of 3,127
- GDP per resident$87,830
Output grew 5.5 percent in the latest year and 48.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Broward County
Employment by industry in Broward County
- Covered employment, annual average864,520
- Establishments reporting81,808
- Average annual pay$71,492
- Average weekly wage$1,375
- Retail trade, employment105,078
- Retail trade, average annual pay$46,484
- Health care and social assistance, employment94,848
- Health care and social assistance, average annual pay$66,707
- Accommodation and food services, employment84,415
- Accommodation and food services, average annual pay$33,741
- Administrative and support and waste management services, employment78,285
- Administrative and support and waste management services, average annual pay$57,201
- Professional, scientific and technical services, employment64,859
- Construction, employment53,750
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 105,078 | 7,899 | $46,484 |
| Health care and social assistance | 94,848 | 8,900 | $66,707 |
| Accommodation and food services | 84,415 | 4,905 | $33,741 |
| Administrative and support and waste management services | 78,285 | 6,257 | $57,201 |
| Professional, scientific and technical services | 64,859 | 15,392 | $108,708 |
| Construction | 53,750 | 6,582 | $75,530 |
| Wholesale trade | 46,464 | 4,752 | $97,874 |
| Finance and insurance | 39,885 | 4,249 | $118,667 |
Retail trade is the largest private sector at 105,078 jobs, 12.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Broward County
How many businesses are in Broward County?
- Establishments, all industries68,191
- Employment at those establishments780,632
- Annual payroll$47.83 bn
- Establishments per 1,000 residents34.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Broward County
Building permits in Broward County
- Housing units authorized by permit, 20241,655
- Declared construction value permitted$408.7 m
- Single family units authorized697
- Multifamily units authorized958
- Multifamily share of units57.9 percent
- Average declared value per unit$246,966
- Units authorized per 1,000 households2.2
Multifamily is 57.9 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Broward County
SBA loans in Broward County (7(a) and 504)
- 7(a) approvals recorded3,377
- 7(a) gross approval dollars$1.71 bn
- Average 7(a) approval$505,422
- Median 7(a) approval$175,000
- 10th percentile approval$25,000
- 90th percentile approval$1,313,900
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)33,544
- Jobs per approval9.9
- Distinct 7(a) lenders active153
- Distinct industries receiving approvals485
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.8 percent
- Loans on real estate terms298
- Loans on working capital terms, 120 months or shorter2,943
- Franchise loans286
- Franchise share of approvals8.5 percent
- Leading industry by approval countInsurance Agencies and Brokerages (78)
- Most active lenderTD Bank, National Association (581)
- 504 approvals recorded900
- 504 gross approval dollars$801.2 m
- Average 504 approval$890,182
- Median 504 approval$535,000
- Distinct CDCs active4
- 504 jobs per approval8.8
- 504 jobs per million dollars approved9.8
- Most active CDCFlorida Business Development Corporation (436)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.51 bn
The average approval of $505,422 sits well above the median of $175,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 8.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Broward County
SBA loan default and charge-off rates in Broward County
Do SBA loans in Broward County get paid back?
- Loans with a final outcome recorded533
- Paid in full425
- Charged off108
- Charge-off rate on resolved loans20.3 percent
- Status: Cancelled570
- Status: Paid in full425
- Status: Charged off108
- Status: Exempt from disclosure2,085
- Status: Committed, not yet disbursed189
Of the 533 loans that have reached a final outcome, 20.3 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broward County
SBA lending by place in Broward County
- Borrower cities with recorded lending57
- Fort Lauderdale, approvals649
- Pompano Beach, approvals323
- Hollywood, approvals313
- Coral Springs, approvals252
- Pembroke Pines, approvals207
- Davie, approvals186
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Fort Lauderdale | 649 | $368,504,200 |
| Pompano Beach | 323 | $208,801,600 |
| Hollywood | 313 | $152,676,600 |
| Coral Springs | 252 | $130,286,900 |
| Pembroke Pines | 207 | $70,780,800 |
| Davie | 186 | $96,402,100 |
| Plantation | 172 | $70,487,400 |
| Miramar | 167 | $54,534,800 |
| 49 other borrower cities | 1,108 | $554,335,300 |
Fort Lauderdale accounts for 649 approvals against 323 in Pompano Beach. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broward County
How large is Broward County?
- Land area1,210 sq mi
- Rank by land area among Florida counties7th of 67
- Width, east to west50.1 mi
- Height, north to south26.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land1,634
- Establishments per square mile56.36
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Broward County
Flood risk in Broward County
- Participation of the county's own NFIP community Broward County, unincorporated areasParticipating, community 125093
- Community Rating System class of the county's own communityClass 6
- Communities in the county in the NFIP Community Status Book33
- Of those, participating in the NFIP33
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class27
- Radon levels in Broward County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Broward County (community 125093), participates in the National Flood Insurance Program and carries Community Rating System class 6, a flood insurance premium discount for policies written there. The EPA places Broward County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Broward County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Broward County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20241,977,129
- Households753,956
- Average household size2.62
- Median household income$77,633
- Median age41.3
Common questions
Broward County questions, answered from the record.
How many people live in Broward County, Florida?
The Census Bureau estimates 2,037,472 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 1,977,129, in 753,956 households, ranking 2nd of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Broward County's population growing?
The population has grown 4.79 percent since the 2020 census base of 1,944,404, to 2,037,472 on July 1, 2024. In 2024 there were 20,764 births against 16,251 deaths, with net migration of 30,228. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Broward County?
$77,633. The median owner-occupied home is valued at $414,600, which is 5.3 times income, and median gross rent is $1,907 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Broward County?
68,191 establishments, employing 780,632 people with an annual payroll of $47.83 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Broward County?
Retail trade is the largest private sector at 105,078 jobs, 12.2 percent of covered employment. Covered employment averages 864,520 jobs at an average annual pay of $71,492, or $1,375 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Broward County?
3,377 7(a) approvals totaling $1.71 bn since FY2020, across 153 lenders, with a median approval of $175,000, plus 900 504 approvals worth $801.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Broward County get paid back?
Of the 533 loans that have reached a final outcome, 425 were paid in full and 108 charged off, a charge-off rate of 20.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Broward County?
1,655 housing units were authorized by permit in 2024, with a declared construction value of $408.7 m. Multifamily was 57.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Broward County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Broward County come from?
The largest single origin is Miami-Dade County, with 17,387 households. Arriving households report an average income of $115,504 against $85,444 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Broward County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Broward County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Broward County
Cities and places in Broward.
37 Census places lie wholly or partly in Broward County. All 37 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Fort Lauderdale | city | 185,604 | 649 | Wholly in this county |
| Pembroke Pines | city | 173,194 | 207 | Wholly in this county |
| Hollywood | city | 155,082 | 313 | Wholly in this county |
| Miramar | city | 138,600 | 167 | Wholly in this county |
| Coral Springs | city | 136,103 | 252 | Wholly in this county |
| Pompano Beach | city | 114,147 | 323 | Wholly in this county |
| Davie | town | 108,346 | 186 | Wholly in this county |
| Sunrise | city | 97,918 | 158 | Wholly in this county |
| Plantation | city | 96,293 | 172 | Wholly in this county |
| Deerfield Beach | city | 88,093 | 130 | Wholly in this county |
| Lauderhill | city | 74,896 | 40 | Wholly in this county |
| Tamarac | city | 73,019 | 66 | Wholly in this county |
| Weston | city | 68,837 | 116 | Wholly in this county |
| Margate | city | 59,198 | 72 | Wholly in this county |
| Coconut Creek | city | 58,330 | 71 | Wholly in this county |
| North Lauderdale | city | 45,234 | 22 | Wholly in this county |
| Oakland Park | city | 44,682 | 97 | Wholly in this county |
| Hallandale Beach | city | 41,854 | 80 | Wholly in this county |
| Parkland | city | 37,178 | 42 | Wholly in this county |
| Lauderdale Lakes | city | 36,404 | 23 | Wholly in this county |
| Cooper City | city | 34,660 | 31 | Wholly in this county |
| Dania Beach | city | 32,180 | 11 | Wholly in this county |
| West Park | city | 15,249 | 23 | Wholly in this county |
| Wilton Manors | city | 11,511 | 21 | Wholly in this county |
| Lighthouse Point | city | 10,600 | 11 | Wholly in this county |
| Southwest Ranches | town | 7,656 | 16 | Wholly in this county |
| Broadview Park | CDP | 7,119 | None recorded | Wholly in this county |
| Pembroke Park | town | 6,360 | 1 | Wholly in this county |
| Lauderdale-by-the-Sea | town | 6,232 | 6 | Wholly in this county |
| Roosevelt Gardens | CDP | 3,031 | None recorded | Wholly in this county |
| Washington Park | CDP | 2,402 | None recorded | Wholly in this county |
| Hillsboro Beach | town | 2,271 | 1 | Wholly in this county |
| Franklin Park | CDP | 1,688 | None recorded | Wholly in this county |
| Boulevard Gardens | CDP | 1,499 | None recorded | Wholly in this county |
| Sea Ranch Lakes | village | 466 | 1 | Wholly in this county |
| Hillsboro Pines | CDP | 457 | None recorded | Wholly in this county |
| Lazy Lake | village | 22 | None recorded | Wholly in this county |
A further 69 of the county's 3,377 SBA 7(a) approvals are to borrowers in cities that match no Census place in Broward County, the largest being Dania (19), Hallandale (18), Miami (3). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby