According to statistics, the population in Pembroke Pines, FL amounts to 166,530, which shows growth 1% compared to the previous year. The median age of the city’s residents is 40. The average household income is $65,805, shifting growth 5% from the past year, and the average property value in Pembroke Pines, FL growth 9% to $245,900 throughout the year.
|Number Of Employees||82,679|
|Median Property Value||$245,900|
The average household income in Pembroke Pines, FL grew from $62,702 to $65,805 in the past year. This data is an estimate based upon 56,244 households in Pembroke Pines, FL . The chart below presents how household income is distributed in Pembroke Pines, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Pembroke Pines, FL shifted from $225,400 to $245,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Pembroke Pines, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Pembroke Pines, FL properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pembroke Pines, FL compared to median property taxes around the country. The prevalent amount of property taxes in Pembroke Pines, FL equals $3000, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$834,300||+8%|
During May 2023, the average price for an apartment in/near Pembroke Pines, FL increased by 6.7% to $516,426.
The average price of the land for sale in Pembroke Pines, FL has not changed significantly since last month, being $108,000. After collecting all data points, we now see that the average price for 1-bed apartment increased by 17.1% to $182,887. Asking price for 2-bed apartment also increased by 0.1% and a place of this size will now cost you $277,022. A 3-bed apartment goes for $539,588, it increased by 3.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 8% and made it up to $834,300.
|May||vs Last Month|
|Houses for sale||$711,279||+8.9%|
|Condos for sale||$301,514||+2.7%|
Price reports demonstrate that house price increased by 8.9% this month making it up to $711,279. Condos are really in demand in this season. The median price for a condo increased by 2.7%, it’s now available for $301,514. Value of the townhouses didn’t change, the price still starts at $400,000.