Pompano Beach, Florida Information
Pompano Beach is located in northern Broward County, FL, within one of the most popular and desirable coastal areas of Florida, the Atlantic or Gold Coast region. This attractive city is conveniently situated equidistant from both Fort Lauderdale and Miami, just 35 miles away from each of these busy neighboring urban areas. This attractive city includes 24.00 square miles of land and 1.41 square miles of water. With a population of 111,056, the vibrant city has grown upwards of 32 percent since 2000, which is significantly greater than the national city growth rate of about 11.61 percent during the same time period. The average household income for this city is $44,195, an increase of greater than 21 percent over the last 20 years.
Pompano Beach, Florida Details
This colorful, coastal urban hub was first home to the Tequesta Indians, and the city was named for the pompano species of fish. The Tequesta Tribe was later displaced by the Seminoles, and later on, by European colonists. After construction of the first railroad in the area in 1896, the community grew, becoming an incorporated city in 1908. Merging with the beach region just to the east in 1947, Pompano officially became a municipality. Today, the city’s main sustaining industries are year-round tourism, manufacturing, retail sales and hi-tech enterprise. Reinforced by its thriving neighboring cities, this appealing locale has gained recognition as a desirable seaside vacation destination.
Different Neighborhoods in the City
Pompano Beach offers different neighborhoods with living spaces of varied types and sizes. There are residential properties for sale and rent, with something available to suit the preferences and needs of all new and prospective residents. Different residential neighborhoods with available homes and apartment units in the city include the following:
• Country Club Isles / Harbor Village. – In this scenic neighborhood, the average sales price for a residence is $399,138. This home sales price is actually higher than prices in 84 percent of Florida’s residential neighborhoods and 79 percent of U.S. neighborhoods. The median home rental rate in this area is $1,254, a lower rent rate than rates currently being offered in 56.5 of neighborhoods across Florida. This area is mainly comprised of apartment complexes and single-family homes of many different sizes now on the market as either home sales or rentals. Many of these apartment buildings and individual houses were built from 1940 to 1969 or between 1970 and 1999. The vacancy rate today in this neighborhood for both houses and apartments is 29.7 percent.
• North Ocean Boulevard / North Riverside Drive. – This attractive coastal area offers a median price for home property sales of $434,212. An average house or apartment rental in this neighborhood equals $1,736. The higher pricing and rental fees in this area are due to its coastal and urban setting. This area also offers a mix of high-rise apartment buildings and single-family houses, and available apartments are of all sizes. Most of the buildings in this section of the city were also constructed between 1940 to 1969 or 1970 and 1999. Mainly due to the fact that much of the home real estate in this neighborhood is seasonally occupied, the current vacancy rate is 43.1 percent, which is actually higher than the rate reported in nearly 98 percent of all U.S. neighborhoods today.
Historic City Landmarks, Sites of Interest and Entertainment Events
This charming seaside city is a dream vacation and living locale for beach and watersport enthusiasts, habitual fishermen and avid golfers alike. This community offers an impressive stretch of pristine beaches and sparkling water of more than three miles as well as some of the U.S.’s most beautiful (and difficult) golf courses. This city is also the host of some celebrated yearly festivals and other events like the December Holiday Boat Parade and the Pompano Beach Fishing Rodeo. During the colorful boat parade, honors and prizes are awarded to participants in such categories as “Best Dressed Boats.” This event also includes a fun-filled cruise along the Intracoastal Waterway that features delicious food and drinks for all. As a recurring event each May, the week-long fishing rodeo hosts anglers from many different global locations who gather to participate in this unique fishing tournament.
The Pompano Beach Amphitheatre is a popular open-air theatre that offers many outdoor music productions. The well-known Goodyear Blimp Base located in the city is one of four bases for this celebrated blimp throughout the world. For visiting shoppers, the Festival Flea Market Mall offers upwards of 800 varied shops and booths with myriad types of popular merchandise brands. Within two miles of the city, visitors will find Lighthouse Point and Hillsboro Light, which is an aging lighthouse still kept in good condition and known as the most brilliantly shining lighthouse in the nation’s southeast region. For those horse racing advocates, the famous Pompano Harness Track is currently active and thriving.
City Facts and Data of Interest to Home Property Seekers
The median population density in the city equals approximately 4,063 residents per square mile. This figure is significantly greater than Florida’s statewide average density of nearly 295 and much greater than the country-wide median density of nearly 83 residents per square mile area. The approximate percentages of different races among the city’s population include Caucasian (65 percent), African American (31.5 percent), Hispanic (18.5 percent) and Asian (1.6 percent). The city’s public schools rate higher in quality than public schools throughout the state of Florida.
The median value of a home property in this city is $182,400, showing a growth factor of more than 14 percent since the year 2000. The largest number of new homes were constructed in the city limits during 1974. Available homes for sale currently range from 1-bedroom houses priced at $10,952 to 5-or-more-bedroom homes selling for $510,000. Housing rental units are now on the real estate market with monthly rental fees of $199 or less for studio apartments to $2,000 or more for units with multiple bedrooms and baths. The median monthly rental rate currently equals approximately $1,075.
Whether you are seeking a new home in a charming, scenic coastal locale or a seasonal vacation residence, Pompano Beach, Florida is an ideal location to explore.
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