Quick facts: Lauderhill, FL

Quick Facts

107.5
Cost of Living
above US average
73,633
Population
34.51
Crime Rate per 1000
above US average
$48,523
Median Income
below US average
$159,900
Median House Price
above US average
$2113.43
Average Rent
above US average
16%
Poverty Rate
above US average
3.9%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $48,523.

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Income Needed to Buy

βœ— Stretch
$50k/year
Based on $159,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $50k vs median $48,523
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Income Needed to Rent

⚠ Stretch
$91k/year
Based on $2113.43/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $91k vs median $48,523
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lauderhill, FL

Lauderhill is a vibrant city located in Broward County, Florida, and is part of the Miami metropolitan area. Known for its diverse population, Lauderhill offers a mix of cultural influences, reflected in its various community events and local establishments. The city is characterized by a suburban feel, with a variety of parks, recreational facilities, and family-friendly neighborhoods. Key attractions include the Lauderhill Performing Arts Center, which hosts a range of performances and events, and several shopping centers such as the Lauderhill Mall and nearby plazas. The city also features numerous parks, such as Central Broward Regional Park, which is notable for its cricket stadium and hosts various sporting events. Lauderhill's location provides easy access to major highways, making it convenient for residents to reach nearby attractions in Fort Lauderdale, Miami, and other coastal areas. The city has a warm climate typical of South Florida, with plenty of sunshine year-round, making it ideal for outdoor activities. Overall, Lauderhill is a community-oriented city that offers a blend of urban amenities within a suburban setting.

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