Housing costs in Pompano Beach?
A typical home costs
$508,500, which is 50.4% more expensive than the national average of
$338,100 and 40.3% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Pompano Beach costs
$2,020 per month, which is 29.5% more than the national average of
$1,560 and 6.4% more than the state average of
$1,890.
Can I afford Pompano Beach?
To live comfortably in Pompano Beach (zip 33062), Florida, a minimum annual income of
$97,560 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Pompano Beach?
The cost of living in 33062 Pompano Beach, FL is higher than the national average. The median home price is around $237,600, which is significantly higher than the national median home price of $218,000. Additionally, utility costs like electricity and water are relatively expensive compared to other cities in Florida. Furthermore, local taxes are also quite high and the sales tax rate for Broward County stands at 6%. All these factors contribute to the overall high cost of living which may be a deterrent for some potential residents.