Cost of Living in Broadview Park, FL

Population 7,802 · Florida · Data vintage 2023

120
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Broadview Park sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Broadview Park sits roughly 5 miles east of Davie. Median home values run roughly 25% lower than Davie's $434,000.

Cost Overview

Housing 107
Rent 140

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Broadview Park

The median home value in Broadview Park is $326,700 — 7% above the national median of $305,000. Median rent runs $1,846/month, 40% higher than the national median of $1,314/month. The median household income of $67,532/year is 9% lower than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Broadview Park has a cost of living index of 120 versus the US average of 100, meaning it is 20% more expensive.

🏠 Housing

Median Home Value
$326,700
7% above avg
Zillow Home Value
$251,573
Zillow ZHVI
Median Rent
$1,846/mo
40% above avg
Price-to-Rent Ratio
14.7x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 56.2%
Renter-occupied 43.8%

💰 Estimated Monthly Budget

Rent median rent
$1,846
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,460/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.6 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.3%

Commute Mode

Drove alone
76.1%
Carpooled
7.8%
Public transit
0.5%
Walked
5.1%
Work from home
10.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$67,532
9% below avg
Per Capita Income
$29,472
Unemployment Rate
5.0%
4% above avg
Poverty Rate
16.4%
Labor Force Participation
70.9%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 3.8%

👥 Demographics

Median Age 40.5
Male median age 40.9
Female median age 40.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
43.3%
Good air days/yr
109
Max AQI recorded
288
PM2.5 days
72
Ozone days

Frequently Asked Questions

What is the cost of living in Broadview Park, FL?

Broadview Park has a cost index of 120 (100 = national average). It is 20% above the national average.

What is average rent in Broadview Park, FL?

The median gross rent in Broadview Park is $1,846 per month based on 2023 Census data.

What is the average home price in Broadview Park?

The median home value in Broadview Park is $326,700 according to Zillow and Census data.

What is the median income in Broadview Park?

The median household income in Broadview Park is $67,532 per year (2023 ACS 5-year estimates).

What is the sales tax in Broadview Park, FL?

The combined state and local sales tax rate in Broadview Park is 7.0%. Florida has no state income tax.

Is Broadview Park, FL affordable?

Broadview Park is above average in cost of living, with an index of 120 — about 20% higher than the national average.

Broadview Park at a Glance

Population
7,802
Median Income
$67,532
Home Value
$326,700
Median Rent
$1,846/mo
Unemployment
5.0%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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