MyNeighborhood

Can you afford to live in DEERFIELD BEACH?

Median household income, home values and rent in DEERFIELD BEACH, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in DEERFIELD BEACH.

Median household income: $56,976 — +40.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,670/mo — +45.6% since 2015

Median home value, 2015 to 2023

  • 2015: 111400
  • 2023: 274400

Median household income

  • DEERFIELD BEACH: 56976
  • Broward County: 74534
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • DEERFIELD BEACH: 1670
  • Broward County: 1804
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 42.7% — U.S.: 30.2%

What it means

The typical household here earns $56,976 — far lower than the national figure of $78,538.

The typical renter here spends 42.7% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+45.6% versus +40.2%), before adjusting for inflation.

Sources

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