Living in Fort Lauderdale,

Sometimes referred to as “the Venice of America,” Fort Lauderdale has become one of Florida’s most popular cities to live. From being a party city for high school and college students’ summer vacations in the ’80s, it has become much more family-friendly. In fact, it is also popular among crows with a penchant for the relaxed resort lifestyle.

Besides upscale dining and shopping opportunities, the city has a lot to offer. It has a web of picturesque canals, beaches, waterways, and suburban areas that enjoy more than 3,000 hours of sunlight every year.

Does this compel you to think about calling Fort Lauderdale your home? Are you wondering if the city is a suitable location for a real estate construction project? If yes, let’s have a look at some important information that might help you make the final decision.

Cost of Living in Fort Lauderdale

Based on Sperling’s Best Places’ index, the average cost of living in Fort Lauderdale is 129.6. This is based on a scale where a score above 100 means that the cost of living in the city is more expensive than the US average. Most costs in Fort Lauderdale are marginally higher than the US-wide average.

Taxes in Fort Lauderdale

One of the most attractive features about living in Fort Lauderdale is low tax rates. With the state’s sales tax rate being only 6%, you are able to save money. In addition to that, Florida is one of the 7 states that don’t have an income tax.

Employment Market in Fort Lauderdale

Much like in other parts of Florida, the fluctuating seasonal population in Fort Lauderdale has a huge impact on its economy. According to the US Census 2018 report , the average household brings in an income of $52,315. The per capita income is $39,601.

Also, around 19.3% of Fort Lauderdale residents live in poverty. The job market can be tough, but you can still find a stable source of income if you have a job waiting for you.

Average Home Prices

According to Zillow, the median home value in Fort Lauderdale is around $312,900. The current median price of houses listed for sale in Fort Lauderdale is $500,000, while the median price of sold homes is $334,200.

Fort Lauderdale High School Districts

Broward County Public Schools is the second-largest school district in Florida. Fully accredited in the school system since 1963, it has 327 schools around the district, including Fort Lauderdale.

Besides that, there are also a number of great private schools you can choose from.

Crime Rates in the City

Unfortunately, as it is with other cities around the US, crime is a reality in Fort Lauderdale. However, it varies from neighborhood to neighborhood. On an index of 100 , the city’s violent crime rate ranks at 36.7 with a 22.7 average for the country. As for property crime, the city ranks at 75.8 against the US average of 35.4.

Despite these high crime rates, the city is home to a number of safe neighborhoods. Spend extra time while real estate shopping to make sure that you’re buying a house in a safe neighborhood.

Getting Around Fort Lauderdale

According to the US Census Bureau, the mean commute time for Broward County is just over 28 minutes. This means that the average round trip in working hours would be less than an hour.

For some Fort Lauderdale residents, commuting around the city without a car is possible. They can access the Broward County Transit (BCT), which includes a fleet of 300 buses. They can also use the Brightline rail system, bike-sharing programs, the Tri-Rail, and Sun Trolley.

Leisure and Entertainment

There is no shortage of leisure and entertainment in the city. There are many beaches where you can spend your weekends. Also, there are more than four thousand restaurants and 120 nightclubs.

If you prefer quieter outings, the NSU Art Museum, the Museum of Discovery and Science, and the Coral Springs Museum of Art are excellent places to spend your time.

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What Our Clients Are Saying

Michelle Vantine
Michelle Vantine
17:20 08 Jul 19
I worked with Betty to buy my first house here in South Florida and I could not be happier! She was amazing. She was always available to answer my questions and she was very patient. She was extremely knowledgeable, even getting me approved for a HUGE tax exemption I will receive annually . She always had all the paper work ready on time and explained everything in detail. I could not image a better agent. I'm SO glad we made the decision to work with her. Thanks Betty!
Jarrett Van Tine
Jarrett Van Tine
16:01 08 Jul 19
Betty did an amazing job originating our loan. She is knowledgeable, accessible, and eager to provide the best for her clients. I HIGHLY recommend her!
Jarrett Van Tine
Jarrett Van Tine
16:01 08 Jul 19
Betty did an amazing job originating our loan. She is knowledgeable, accessible, and eager to provide the best for her clients. I HIGHLY recommend her!
Sean Zamora
Sean Zamora
18:28 05 Feb 19
Steve McWilliam was a tremendous help in securing my mortgage a few years ago. He’s also been a great source of knowledge in the time since. I highly recommend him as someone you can trust.
Scott Yankton
Scott Yankton
17:42 04 Feb 19
The smartest, most helpful and insightful mortgage loan person I’ve ever used. On our first attempt to buy he saved us from disaster. On our second attempt he was finished and ready to close before everyone else! Our loan was a VA so we expected it to take extra time...nope. For our next loan we won’t use anyone else.
Jennifer Cane
Jennifer Cane
02:05 23 Aug 18
They actually made obtaining my home loan fun and enjoyable on my part. The process was painless at all I expected it to be. They explained the process well to new buyers (like us) and at the same time keep me in the loop the entire time during the process. They really helped the process go smoothly. Got immediately a perfect home in an easiest and hassle-free way, Thank you so much!
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