In 2017, Fort Lauderdale, Florida had a population of 177k people with a median age of 42.2 and a median household income of $52,315. Between 2016 and 2017 the population of Fort Lauderdale, FL grew from 175,153 to 177,175, a 1.15% increase and its median household income grew from $51,648 to $52,315, a 1.29% increase.
The population of Fort Lauderdale, FL is 48.1% White Alone, 31.2% Black or African American Alone, and 17.8% Hispanic or Latino. N/A% of the people in Fort Lauderdale, FL speak a non-English language, and 88.3% are U.S. residents.
The largest universities in Fort Lauderdale, FL are Broward College (12,856 degrees awarded in 2017), Keiser University-Ft Lauderdale (4,678 degrees), and The Art Institute of Fort Lauderdale (303 degrees).
The median property value in Fort Lauderdale, FL is $297,200, and the homeownership rate is 52.4%. The vast majority in Fort Lauderdale, FL drive-by Drove Alone, and the average drive time is 24.6 minutes. The average car proprietorship in Fort Lauderdale, FL is 2 cars for every household.
In 2017, universities in Fort Lauderdale, FL awarded 18,061 degrees. The student population of Fort Lauderdale, FL is slanted towards ladies, with 22,855 male students and 39,366 female students.
Most students graduating from Universities in Fort Lauderdale, FL are Hispanic or Latino (5,861 and 34%), followed by White (4,828 and 28%), Black or African American (4,798 and 27.8%), and Unknown (631 and 3.66%).
The largest universities in Fort Lauderdale, FL by the number of degrees awarded are Broward College (12,856 and 71.2%), Keiser University-Ft Lauderdale (4,678 and 25.9%), and The Art Institute of Fort Lauderdale (303 and 1.68%).
The most popular majors in Fort Lauderdale, FL are Liberal Arts & Sciences (5,271 and 29.2%), General Business Administration & Management (2,642 and 14.6%), and Accounting Technology & Bookkeeping (1,448 and 8.02%).
The median tuition costs in Fort Lauderdale, FL are $17,000 for private four-year colleges, and $1,968 and $1,968 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Fort Lauderdale, FL employs 89.8k people and Fort Lauderdale has an unemployment rate of 3.5%. Fort Lauderdale has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%. The largest industries in Fort Lauderdale, FL are Accommodation & Food Services (10,509 people), Retail Trade (10,336 people), and Health Care & Social Assistance (9,243 people), and the highest paying industries are Management of Companies & Enterprises ($100,288), Finance & Insurance ($61,888), and Professional, Scientific, & Technical Services ($58,401).
Households in Fort Lauderdale, FL have a median annual income of $52,315, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $51,648 in 2016, which represents a 1.29% annual growth.
Tax Rates for Fort Lauderdale
– The Sales Tax Rate for Fort Lauderdale is 6.0%. The US average is 7.3%.
– The Income Tax Rate for Fort Lauderdale is 0.0%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Fort Lauderdale
– The average income of a Fort Lauderdale resident is $36,405 a year.
– The Median household income of a Fort Lauderdale resident is $48,898 a year.