Official Federal Data
Broward County, Florida
FIPS 12011 · Miami-Fort Lauderdale-West Palm Beach, FL · Population 1,977,129
9 Sources
Updated June 22, 2026
$77,633 ▲
Median Income
$80,734 national
3.7% ▲
Unemployment
4% national
$173.7B ▲
GDP
36.7% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$77,633 ▲
Per Capita
$43,052 ▲
Mean Household
$109,281 ▲
Poverty Rate
12.2% ▼
Median Income Comparison
Broward County$77,633
Florida$74,568
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 20.8%
18-34 · 20.5%
35-54 · 27.2%
55-64 · 13.7%
65+ · 17.9%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
90.4%
High School+
National: 89.6%
▲ +0.8 pts
36.7%
Bachelor's+
National: 35.7%
▲ +1.0 pts
14.3%
Graduate+
National: 14.1%
▲ +0.2 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
1,977,129
Population
1,069,946
Labor Force
Employed
1,010,306
Unemployment Rate BLS LAUS 2025 annual
3.7% ▲ +0.5 pts YoY
Mean Commute 3 min above national avg
29.1 min
Work From Home vs 15.1% national
14.7%
Key Takeaways
- Broadly in line with U.S. norms across income, poverty, and education.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Retail Trade employs 103,498 workers (16.2% of tracked sectors), at an average wage of $48,890.
- Economic scale: Regional GDP of $173.7B (2024).
- Wage stratification: Finance and Insurance averages $120,273 while Accommodation and Food Services averages $35,461, a 3.4x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Administrative & Support & Waste Management Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
75,454
Cluster Employment
1.60x
Peak LQ
Concentrated Sub-Sectors
Water Transportation
7.28x 2,769
Air Transportation
3.68x 11,674
Real Estate
1.86x 18,778
Scenic and Sightseeing Transportation
1.78x 299
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
1.76x 11,143
Rental and Leasing Services
1.69x 5,343
Administrative and Support Services
1.60x 75,454
Computing Infrastructure Providers and Data Processing
1.57x 4,224
Support Activities for Transportation
1.55x 7,030
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.05x
Support Activities for Agriculture and Forestry
95 employed
0.07x
Mining (except Oil and Gas)
68 employed
0.08x
Primary Metal Manufacturing
157 employed
0.09x
Animal Production and Aquaculture
142 employed
0.13x
Crop Production
388 employed
0.19x
Petroleum and Coal Products Manufacturing
114 employed
0.21x
Food Manufacturing
2,050 employed
0.26x
Plastics and Rubber Products Manufacturing
1,016 employed
Key Takeaways
- Top specialization: Water Transportation concentrates at 7.28x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
- Cluster depth: 9 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$414,600 ▲
Median Home Value vs 2019
$1,907 ▲
Rent/Mo
63.6% ▲
Owner-Occ
12.9% ▼
Vacancy
5.3x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,737/mo
1 Bedroom
$1,900/mo
2 Bedroom
$2,333/mo
3 Bedroom
$3,216/mo
4 Bedroom
$3,810/mo
30% of monthly median household income (~$1,941/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Stretched market: Home value to income ratio of 5.3x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- Elevated vacancy: 12.9% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
- Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,941/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,212,381 ▲
Working Age (18-64) vs 2019
Mean Commute 3 min above national avg
29.1 min
Work From Home vs 15.1% national
14.7%
Prime-Age Employed (25-54)
83.8%
of prime-age population
▲ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
36.7% ▲
HS Diploma+
90.4% ▲
Regional / Statewide Institutions
Total credentials awarded
104,745/yr
20,166/yr
18,426/yr
18,084/yr
17,631/yr
16,153/yr
14,285/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
22.3%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
39.9%
Service
18.6%
Sales & Office
23.3%
Construction / Maint.
8.1%
Production / Transport
10.1%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,010,306 employed workers.
Key Takeaways
- Succession risk is real: 22.3% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 56,676 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Broward County shows strong potential for water transportation attraction, with a 7.28x concentration and 2,769 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 22.3% of the working-age population within 10 years of retirement age.
The interconnected base across water transportation, air transportation, and real estate creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Broward County, Florida, from federal data sources.
What is the population of Broward County, Florida?
1,977,129 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Broward County, Florida?
$77,633 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Broward County, Florida?
3.7% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Broward County, Florida?
$173.7B (U.S. Bureau of Economic Analysis, CAGDP1).
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