Quick facts: Pembroke pines, FL

Quick Facts

107.5
Cost of Living
above US average
169,876
Population
15.92
Crime Rate per 1000
below US average
$77,657
Median Income
below US average
$499,000
Median House Price
above US average
$2844.37
Average Rent
above US average
10%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $77,657.

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Income Needed to Buy

βœ— Stretch
$157k/year
Based on $499,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $157k vs median $77,657
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Income Needed to Rent

⚠ Stretch
$122k/year
Based on $2844.37/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $122k vs median $77,657
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pembroke pines, FL

Pembroke Pines is a vibrant city located in Broward County, Florida. Situated just north of Miami, it boasts a population of around 170,000 residents, making it one of the largest cities in the county. Established in the 1960s, Pembroke Pines has grown rapidly, evolving from a small community into a bustling suburban area known for its family-friendly atmosphere. The city features a variety of parks and recreational facilities, including the popular Pembroke Pines Sports Complex and the serene C.B. Smith Park, which offers picnic areas, playgrounds, and lakes for outdoor activities. Pembroke Pines is also home to several shopping centers, such as the Pembroke Lakes Mall and the Shops at Pembroke Gardens, providing residents with diverse dining and retail options. The city's diverse community is reflected in its rich cultural events and festivals, celebrating its multicultural heritage. Education is a priority, with numerous public and private schools, as well as access to higher education institutions nearby. With its convenient location, Pembroke Pines offers easy access to the vibrant nightlife and attractions of Miami, while maintaining a quieter suburban lifestyle.

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