Overview

You will find Hollywood located in the Broward County in the State of Florida. The population of this city was recorded about 145 thousand with approximately 5000 people living per square mile. The Lauderdale Hollywood International Airport is found here is one of the busiest airports in the country (the 23rd). The city of Hollywood has a very vibrant economy which has shows a job growth of about 5% in the recent past. According to the present economic growth, the job forecast over the next 10 years look like it would be about 8%. The average income per household in Hollywood is about US $42 thousand which is very comfortable. The living standard in Hollywood is about 8% more than an average city in the USA. This is another indicator that proves the prosperity of this location.

Hollywood Real Estate

The cost of an average home in Hollywood is about US $300 thousand which is slightly on the higher side.  The good news is that there has been an appreciation of about 20% over the prices of real estate of last year which makes buying a home or property in Hollywood a very good investment.

How to rent or buy in Hollywood

Out of the total population living in Hollywood, about one third are renting their accommodation while about 50% of own their homes. You will find at any given time about 13% of the homes/ property available in Hollywood lying vacant. In case you are looking for renting or buying property in Hollywood, the best would be to contact the real estate agents or agencies in the city that can do a very good job for you. The property available here for rent is quite economical, though buying property at this time would be wiser.

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