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Pompano Beach

Learn about the people, housing, costs and businesses in Pompano Beach, Florida

Median Home$377,899
Median Rent$1,853/month
Population113,836
Leading IndustriesEducation · Healthcare · Wholesale Trade4% education
Home Value Growth⬆⬆+20.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners56% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableTransit81/100 · excellent transit access
Pompano Beach
FL

Frequently Asked Questions

What are today's mortgage rates in Pompano Beach?

As of today, the 30-year fixed mortgage rate for Pompano Beach is approximately 6.897% (6.933% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Pompano Beach?

The median home value in Pompano Beach is $378k. The median monthly rent is $1,853. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pompano Beach?

Home values in Pompano Beach have increased 20.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pompano Beach?

Based on a typical all-in ownership cost of $1,656/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pompano Beach is $68k/year.

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What industries drive the economy in Pompano Beach?

The largest employment sectors in Pompano Beach are healthcare (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.