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Broward County, Florida Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Broward County, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Broward County, Florida

12:00 A.M. TO 4:59 A.M.   : 15,820   (2.2%)
5:00 A.M. TO 5:29 A.M.   : 12,587   (1.7%)
5:30 A.M. TO 5:59 A.M.   : 19,716   (2.7%)
6:00 A.M. TO 6:29 A.M.   : 50,496   (7.0%)
6:30 A.M. TO 6:59 A.M.   : 68,332   (9.5%)
7:00 A.M. TO 7:29 A.M.   : 117,239   (16.2%)
7:30 A.M. TO 7:59 A.M.   : 115,139   (15.9%)
8:00 A.M. TO 8:29 A.M.   : 103,339   (14.3%)
8:30 A.M. TO 8:59 A.M.   : 52,292   (7.2%)
9:00 A.M. TO 9:59 A.M.   : 52,456   (7.3%)
10:00 A.M. TO 10:59 A.M.   : 20,878   (2.9%)
11:00 A.M. TO 11:59 A.M.   : 9,023   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 39,905   (5.5%)
4:00 P.M. TO 11:59 P.M.   : 44,812   (6.2%)


(updated 2010)



Household Size By Vehicles Available
(Broward County, Florida)

1-person household:

No vehicle available : 32,957

1 vehicle available : 154,247

2 vehicles available : 14,462

3 vehicles available : 2,064

4 or more vehicles available : 450

2-person household:

No vehicle available : 11,643

1 vehicle available : 76,695

2 vehicles available : 107,463

3 vehicles available : 11,332

4 or more vehicles available : 2,068

3-person household:

No vehicle available : 3,960

1 vehicle available : 28,302

2 vehicles available : 49,990

3 vehicles available : 22,680

4 or more vehicles available : 3,141

4-or-more-person household:

No vehicle available : 4,857

1 vehicle available : 24,063

2 vehicles available : 69,320

3 vehicles available : 30,022

4 or more vehicles available : 14,588


(updated 2013)



Household Size By Number Of Workers In Household
(Broward County, Florida)

1-person household:

No workers : 95,635

1 worker : 108,545

2-person household:

No workers : 59,514

1 worker : 79,080

2 workers : 70,607

3-person household:

No workers : 9,622

1 worker : 42,085

2 workers : 44,158

3 workers : 12,208

4-or-more-person household:

No workers : 8,233

1 worker : 45,116

2 workers : 61,225

3 or more workers : 28,276


(updated 2013)



Means of Transportation To Work
(Broward County, Florida)

Car, truck, or van:

Drove alone : 671,808

Carpooled:

In 2-person carpool : 64,137

In 3-person carpool : 10,727

In 4-person carpool : 2,871

In 5- or 6-person carpool : 2,191

In 7-or-more-person carpool : 997

Public transportation (excluding taxicab):

Bus or trolley bus : 25,757

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 418

Railroad : 1,694

Ferryboat : 0

Taxicab : 481

Motorcycle : 1,490

Bicycle : 5,014

Walked : 10,425

Other means : 8,810

Worked at home : 39,454


(updated 2013)



Travel Time To Work
(Broward County, Florida)

Less than 5 minutes : 12,134

5 to 9 minutes : 50,562

10 to 14 minutes : 87,952

15 to 19 minutes : 111,893

20 to 24 minutes : 128,470

25 to 29 minutes : 56,175

30 to 34 minutes : 157,957

35 to 39 minutes : 25,652

40 to 44 minutes : 39,770

45 to 59 minutes : 75,681

60 to 89 minutes : 44,939

90 or more minutes : 15,635


(updated 2013)



Occupations in Broward County, Florida

Male:


  • Management, Professional, And Related Occupations: 126,562  (31.5%)
  • Service Occupations: 58,642  (14.6%)
  • Sales And Office Occupations: 90,565  (22.5%)
  • Farming, Fishing, And Forestry Occupations 1,299  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 71,236  (17.7%)

Female:


  • Management, Professional, And Related Occupations: 126,378  (35.4%)
  • Service Occupations: 65,408  (18.3%)
  • Sales And Office Occupations: 144,600  (40.5%)
  • Farming, Fishing, And Forestry Occupations 511  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 2,971  (0.8%)


(updated 2010)





Amtrak Stations in Broward County, Florida

Rail Station(s)


    1300 W. Hillsboro Blvd
    Deerfield Beach, Florida 33442

    200 S.W. 21 Terrace
    Fort Lauderdale, Florida 33312

    200 S.W. 21 Terrace
    Fort Lauderdale, Florida 33312

    3001 Hollywood Blvd
    Hollywood, Florida 33021

    3001 Hollywood Blvd
    Hollywood, Florida 33021

(updated 2008)



Employment Rate In Broward County, Florida

Employed: 944,381
Unemployed: 30,105



Minority Owned Firms of 100 or More in
Broward County, Florida

  • Total Black-owned firms of 100 or more, percent 2002: 12.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.6%
  • Total Asian-owned firms of 100 or more, percent 2002: 3.4%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 16.1%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 29.8%
  • Other: 38.1%



Water Usage In Broward County, Florida

Ground Water

 
Fresh 272.92 Mgal/d
Saline 0.00 Mgal/d

Total 272.92 Mgal/d
 

Surface Water

 
Fresh 28.35 Mgal/d
Saline 1,512.39 Mgal/d

Total 1,540.74 Mgal/d





There are 1,830 Farms In Broward County, Florida


(updated 2008)



Banks In Broward County, Florida

Wells Fargo Bank, National Association - 74 Branches


    Bank Assets: $106.3b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Bank Of America, National Association - 71 Branches


    Bank Assets: $103.2b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Jpmorgan Chase Bank, National Association - 49 Branches


    Bank Assets: $98.1b
    Industry Specialization: International
    Total Offices: 5,679

Branch Banking And Trust Company - 41 Branches


    Bank Assets: $7.5b
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Suntrust Bank - 35 Branches


    Bank Assets: $6.2b
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Pnc Bank, National Association - 22 Branches


    Bank Assets: $6.9b
    Industry Specialization: Commercial Lending
    Total Offices: 2,821

Bankunited, National Association - 22 Branches


    Bank Assets: $370.8m
    Industry Specialization: Commercial Lending
    Total Offices: 105

Td Bank, National Association - 21 Branches


    Bank Assets: $4.6b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 1,328

Regions Bank - 17 Branches


    Bank Assets: $2b
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Citibank, National Association - 15 Branches


    Bank Assets: $20.5b
    Industry Specialization: International
    Total Offices: 958

(updated 2014)







Airports Near Broward County, Florida

  • Fort Lauderdale Executive


    (about 4.8 miles in Fort Lauderdale, Florida; Airport Code: FXE)

  • Fort Lauderdale-Hollywood International


    (about 5.4 miles in Fort Lauderdale, Florida; Airport Code: FLL)

  • Pompano Beach Airpark


    (about 9.7 miles in Pompano Beach, Florida; Airport Code: PPM)

  • Opa-locka Executive


    (about 16.3 miles in Miami Gardens, Florida; Airport Code: OPF)

  • Boca Raton Public


    (about 17.4 miles in Boca Raton, Florida; Airport Code: BCT)

  • Miami International


    (about 24.2 miles in Miami, Florida; Airport Code: MIA)

  • Watson Island International


    (about 24.7 miles in Miami, Florida; Airport Code: MPB)

  • Miami Downtown Heliport


    (about 25.5 miles in Miami, Florida; Airport Code: JDM)

  • Kendall-Tamiami Executive


    (about 36.5 miles in Miami, Florida; Airport Code: TMB)

  • Tamiami


    (about 36.6 miles in Miami, Florida; Airport Code: TMB)

  • Palm Beach International


    (about 38.5 miles in Cloud Lake, Florida; Airport Code: PBI)

  • Homestead ARB


    (about 46.0 miles in Homestead, Florida; Airport Code: HST)

  • Homestead AFB


    (about 46.0 miles in Homestead, Florida; Airport Code: HST)

  • Dade-Collier


    (about 46.9 miles in Jerome, Florida; Airport Code: TNT)

  • Dade-Collier Training and Transition


    (about 46.9 miles in Jerome, Florida; Airport Code: TNT)

  • William P Gwinn


    (about 53.3 miles in Jupiter, Florida; Airport Code: XWN)

  • Ocean Reef Club


    (about 56.1 miles in Key Largo, Florida; Airport Code: OCA)

  • Ocean Reef Club


    (about 56.3 miles in Key Largo, Florida; Airport Code: KEZ)

  • Airglades


    (about 66.7 miles in Lake Harbor, Florida; Airport Code: FL6)

  • Witham Field


    (about 72.3 miles in Sewalls Point, Florida; Airport Code: SUA)


(updated 2015)



Modes of Transportation in Broward County, Florida

Car, Truck, Or Van:

 

Drove Alone

80.04%

Carpooled

12.02%

Public Transportation:

 

Bus Or Trolley Bus

1.94%

Streetcar Or Trolley Car

0.01%

Subway Or Elevated

0.05%

Railroad

0.15%

Ferryboat

0.01%

Taxicab

0.13%

Motorcycle

0.16%

Bicycle

0.46%

Walked

1.30%

Other Means

0.83%

Worked At Home

2.89%



(updated 2010)





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