Broward County, Florida

Income Data

+14% vs. Florida average
$74,534
Median Household Income
$41,910
Per Capita Income

At a Glance

Median Household Income
$74,534
+14% vs. state avg
Per Capita Income
$41,910
+6% vs. national
Income-to-Housing Ratio
19.6%
income as % of home value
Rank in Florida
#17 / 67
by median household income

How Broward County Compares

Broward County$74,534
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$74,534
Median Household Income
$41,910
Per Capita Income
$380,400
Median Home Value
19.6%
Income-to-Housing Ratio

Data Story

About Household Income in Broward County, Florida

Broward nearly matches national income

Broward County's median household income of $74,534 sits just $221 below the national median of $74,755, reflecting a prosperous urban economy. As Florida's second-largest metro area, Broward's diverse employment base supports middle-class and professional households at rates matching the nation.

Above Florida's income median

Broward's $74,534 income exceeds Florida's state average of $65,468 by $9,066, placing it in the top tier of Florida counties. The county's major role as the economic engine of South Florida—home to Fort Lauderdale and the Port of Miami—drives strong, consistent wages.

Tied with Brevard as income leaders

Broward ($74,534) and Brevard ($75,817) are Florida's income co-leaders, with Brevard slightly ahead. Broward's diversified economy—spanning tourism, trade, healthcare, and finance—provides more stable employment than Brevard's reliance on aerospace, making both counties resilient economic anchors.

Housing costs strain higher earners

Despite strong incomes, Broward's rent-to-income ratio of 29.0% is the highest among peers, reflecting astronomical home values of $380,400. Median-income households here dedicate nearly 30% of earnings to housing, limiting savings potential compared to other high-income counties.

Invest beyond South Florida real estate

Broward's inflated housing market means traditional homeownership consumes disproportionate income; consider diversified investments in stocks, bonds, and out-of-state properties. High earners should work with financial advisors to build wealth through systematic investing, tax-advantaged retirement accounts, and business ownership rather than relying solely on local real estate appreciation.

Frequently Asked Questions

What is the median household income in Broward County, Florida?
The median household income in Broward County, Florida is $74,534, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Broward County?
The per capita income in Broward County is $41,910, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $74,534.
How does Broward County compare to the Florida average?
Broward County's median household income of $74,534 is higher than the Florida state average of $65,468. The per capita income is $41,910, compared to the state average of $35,698.
What is the per capita income in Broward County, Florida?
The per capita income in Broward County, Florida is $41,910, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Broward County income higher than the Florida average?
Broward County's median household income of $74,534 is higher than the Florida average of $65,468. This difference of $9,066 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Broward County rank for income in Florida?
Broward County ranks #17 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $74,534 and per capita income of $41,910, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Broward County

$
1.00x

Your income is above the Broward County median

County median: $74,534 per year

vs. County Median

+0%

vs. State Average

+14%

vs. National Median

0%

vs. Broward County MedianAbout equal
vs. Florida Average14% above
vs. National MedianAbout equal

Income Adequacy

Monthly income covers median rent3.4x

Your monthly income ($6,211) vs. median rent ($1,804/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Broward County, Florida? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Florida

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.