Is Hallandale Beach, Florida a Good Place To Live? - Living In Hallandale Beach, FL

Is Hallandale Beach, Florida a good place to live?
Hallandale Beach is a city in Florida state in USA with a population of 39782 residents.. The poverty rate of Hallandale Beach is 20.7%, which is 48% higher than national average. The typical household in Hallandale Beach earns $40237 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hallandale Beach, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hallandale Beach remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hallandale Beach, only 34% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Hallandale Beach is 102, which is 2% higher than national average. Median home value in Hallandale Beach is $229300 , which is 0% lower than national average. While median income in Hallandale Beach remained $40237, which is 40% lower than national average.
Population
39782
Unemployment
7.1%
51% NAT AVG.
Poverty
20.7%
48% NAT AVG.
Overall Score
5
Median Home Cost
$229300
0% NAT AVG.
Median Income
$40237
40% NAT AVG.
Median Rent
$1289
11% NAT AVG.
Cost Of Living
102
2% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 14
People Earning < $10,000
1 in 7
People Earning < $50,000
60.3%
People with <= High School
1 in 2.5
People With Any Degree
1 in 2.3
Pros & Cons Overview

Jobs50%

Housing85%

Affordability30%

Safety40%

Amenities100%

Diversity95%

Education80%

Commute40%