Renters Local

Rental Insights for ZIP Code 33071 (Pompano Beach, FL)

Housing Rentals in ZIP Code 33071 (Pompano Beach, FL)

33071 ZIP Code in Florida

An In-depth Rental Snapshot of ZIP Code 33071

The 33071 ZIP Code is primarily located in Pompano Beach, FL in Broward County. The estimated median housing rent in this Florida region is $1,625 per month. About 34.9% of housing units in this Broward County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 5.9%.

The median rent in ZIP Code 33071 of $1,625 per month is 38% higher than the aggregate Florida median monthly rent of $1,175, and is 53% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 46.0% of residents in ZIP Code 33071 have a monthly rent payment between $1,500 and $1,999. That is 158% higher than in Florida overall, in which 17.8% of total state residents pay between $1,500 and $1,999 per month for housing. Just 1.5% of renters in this Pompano Beach, FL region pay between $500 and $999 per month for rent.

ZIP Code 33071 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 33071

See the chart below for a comparison of monthly rental costs in ZIP Code 33071, Florida, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 33071 along with those in the state of Florida and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 33071

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 33071 Florida U.S.
Less than $500 0.0% 5.3% 9.4%
$500 to $999 1.5% 29.0% 36.2%
$1,000 to $1,499 37.0% 39.0% 30.0%
$1,500 to $1,999 46.0% 17.8% 14.0%
$2,000 to $2,499 8.4% 5.5% 5.6%
$2,500 to $2,999 3.6% 1.9% 2.4%
$3,000 or more 3.4% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 33071

Renters in ZIP Code 33071 use an estimated 32.38% of their income to cover their monthly rent payments. That is about 2% higher than in Florida overall. The estimate for Florida overall is 31.74% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 33071 renters use about 9% more of their income to cover rent expense. Household income figures for ZIP Code 33071 come in higher than in Florida as a whole. The median annual household income in ZIP Code 33071 of $91,999 sits approximately 65% higher than the overall Florida median income of $55,660 and approximately 46% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 33071

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 33071, Florida, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 33071 along with the same calculations in the state of Florida and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 33071

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 33071 Florida U.S.
Less than 15.0 percent 7.1% 8.9% 13.1%
15.0 to 19.9 percent 11.2% 10.7% 12.9%
20.0 to 24.9 percent 13.2% 12.4% 12.9%
25.0 to 29.9 percent 11.3% 11.7% 11.6%
30.0 to 34.9 percent 6.8% 9.6% 9.1%
35.0 percent or more 50.4% 46.7% 40.5%

Household Income in ZIP Code 33071

See the table below for the regional comparison of annual household income in ZIP Code 33071.

Income ZIP 33071 Florida U.S.
Less than $10,000 2.6% 6.5% 6.0%
$10,000 to $14,999 1.4% 4.3% 4.3%
$15,000 to $24,999 5.2% 9.9% 8.9%
$25,000 to $34,999 7.3% 10.3% 8.9%
$35,000 to $49,999 8.5% 13.9% 12.3%
$50,000 to $74,999 14.4% 18.3% 17.2%
$75,000 to $99,999 15.3% 12.4% 12.7%
$100,000 to $149,999 22.6% 13.1% 15.1%
$150,000 to $199,999 11.0% 5.3% 6.8%
$200,000 or more 11.7% 6.0% 7.7%

Household Income in ZIP Code 33071

See the chart below for a comparison of annual household income figures in ZIP Code 33071, Florida, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 33071 alongside the same figures for the state of Florida and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 33071

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 33071.

ZIP 33071 Florida U.S.
Median Housing Rent $1,625 $1,175 $1,062
Renter-Occupied Housing Units 34.9% 34.6% 36.0%
Rental Vacancy Rate 5.9% 8.4% 6.0%
Average Size of Renter-Occupied Unit 3.14 2.67 2.49
Average # of Bedrooms Per Unit 3.2 2.63 2.75
Percent of Income Spent on Rent 32.38% 31.74% 29.83%
Per Capita Income $37,862 $31,619 $34,103
Median Household Income $111,038 $80,286 $88,607
Living Below the Poverty Line 7.3% 10.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 33071

In ZIP Code 33071 (Pompano Beach, FL), and estimated 34.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 5.9%.

The per capita income in 33071 is estimated at $37,862, which goes along with an estimated median household income of $111,038. About 7.3% of residents in this Broward County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.14 occupants, while the units have an aggregate average size of 3.2 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.38% of their income on housing rental costs.

Rental FAQs for ZIP Code 33071

1

What is the median monthly rent in ZIP Code 33071?

Median rent for housing in ZIP Code 33071 in Broward County in Florida is approximately $1,625 per month.
2

Is it expensive to rent in ZIP Code 33071?

Rent in ZIP Code 33071 is higher than average in the state of Florida overall. The median monthly rent of $1,625 in ZIP Code 33071 is approximately 38% higher than the Florida median of $1,175. Additionally, median rent in this Pompano Beach, FL region ($1,625) is about 53% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 33071?

High-priced rentals are more common in ZIP Code 33071 than in Florida overall. The percentage of rentals in ZIP Code 33071 that cost $3,000 or more per month (3.4%) is about 127% higher than the Florida rate of 1.5% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 42% lower than the aforementioned 33071 rate of 3.4%.
4

Are affordable rentals common in ZIP Code 33071?

Affordable rentals are less common in ZIP Code 33071 than in Florida overall. The percentage of housing rentals in ZIP Code 33071 costing $999 or less per month (1.5%) is approximately 96% lower than the Florida rate of 34.3% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 97% higher than the previously mentioned 33071 rate of 1.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 33071?

The most common range for rental cost in ZIP Code 33071 is between $1,500 and $1,999 per month. About 46.0% of renters in 33071 pay in this range for monthly rent. In comparison, approximately 17.8% of renters in the state of Florida fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 33071 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 33071 is lower than the rental vacancy rate in the state of Florida overall. Rental vacancy of 5.9% in ZIP Code 33071 is about 30% lower than the Florida rate of 8.4%. Looking more broadly, rental vacancy in this Pompano Beach, FL region (5.9%) is an estimated 2% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 33071? How does it compare to other Florida regions?

Median household income in ZIP Code 33071 is higher than in the state of Florida overall. Annual household income of $91,999 in ZIP Code 33071 is about 65% higher than the Florida median of $55,660. Additionally, median household income in this Pompano Beach, FL region ($91,999) is approximately 46% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 33071 spend on housing costs?

Renters in ZIP Code 33071 spend a higher amount of their income on rent costs than do renters in Florida overall. Renters in ZIP Code 33071 spend an estimated 32.38% of their income on rent payments, which is about 2% higher than the overall Florida estimated rate of 31.74%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 9% lower than the ZIP Code 33071 estimated rate of 32.38%.
9

Do renters in ZIP Code 33071 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 33071 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 33071 spending 30 percent or more of their income on rent costs (57.2%) is approximately 2% higher than the Florida rate of 56.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 15% lower than the aforementioned 33071 rate of 57.2%.
10

What is the average household size of renter-occupied units in ZIP Code 33071?

The average household size of renter-occupied units in ZIP Code 33071 is higher than in the state of Florida overall. Annual household size of 3.14 in ZIP Code 33071 is about 18% higher than the Florida median of 2.67. Additionally, median household size in this Pompano Beach, FL region (3.14) is approximately 26% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Florida ZIP Codes