Living in Parkland, Florida

Cost of living, income, home prices, rent and demographics of Parkland · Census data 2020–2024

Parkland has 37,178 residents with a median age of 37.9. The median household income is $198,669 (166% higher than the Florida median), the median home value is $983,000, the median rent is $3,157/month.

Parkland at a glance

Population
37,178
Median age
37.9State: 42.6
Median household income
$198,669State: $74,568
Median home value
$983,000State: $359,000
Median rent
$3,157/moState: $1,669
Homeowners
85.1%
Bachelor's degree or higher
71%
Average commute
33 min

Is Parkland a good place to live?

Pros: Median household income 166% higher than the Florida median; unemployment of 3.1%; a poverty rate of 4.3%.

Cons: Home values 174% higher than the state median; an average commute of 33 minutes.

The weather is best in December to March.

Cost of living in Parkland

Housing is the biggest part of the cost of living. In Parkland the median home value is $983,000, 195% higher than the U.S. median. Renters pay a median of $3,157 per month, which is 44.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Parkland$983,000
Florida$359,000
United States$332,700

Median monthly rent

Parkland$3,157
Florida$1,669
United States$1,413

Parkland median household income

The median household income in Parkland is $198,669 and the income per person is $70,398. 4.3% of residents live below the poverty line (Florida: 12.6%).

Median household income

Parkland$198,669
Florida$74,568
United States$80,734

Housing in Parkland: homes for sale and rent

Housing units
11,501
Owner-occupied
85.1%
Renter-occupied
14.9%
Vacant
3.2%Includes seasonal homes
Median year built
2006
Average household size
3.33

Parkland demographics

Population
37,178
Median age
37.9
Under 18
30.3%
65 and older
13%
Households
11,137
Foreign-born
21%
Veterans
3.5%Adults 18+

Race and ethnicity

White57.7%
Hispanic or Latino16.5%
Black13.5%
Asian7.2%

Hispanic or Latino can be of any race. Population history of Parkland ›

Education in Parkland

71% of adults 25 and older in Parkland have a bachelor's degree or higher (Florida: 34.1%), and 33.5% have a graduate or professional degree.

Bachelor's degree or higher

Parkland71%
Florida34.1%
United States35.7%

Jobs and commute in Parkland

Unemployment rate
3.1%State: 4.8%
Average commute
33 minState: 28 min
Work from home
29.5%
Drive alone
53.8%
Public transit
0%
Walk to work
0.2%
Homes with broadband
96.5%

Parkland vs nearby towns

TownPopulationMedian incomeHome valueRent
Parkland37,178$198,669$983,000$3,157
Watergate3,782$67,071$222,000$2,076
Coral Springs136,103$93,602$545,400$2,084
Hillsboro Pines457$84,651$692,900—
Coconut Creek58,330$75,014$309,600$2,102
Margate59,198$62,450$316,200$1,750
North Lauderdale45,234$63,326$307,100$2,081
Tamarac73,019$61,718$288,600$1,895
Deerfield Beach88,093$59,730$309,600$1,774

More for people moving to Parkland

Parkland ZIP code ›Weather and climate ›

Living in Parkland: FAQ

What is the median household income in Parkland, FL?

The median household income in Parkland is $198,669, 166% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Parkland?

The median home value in Parkland is $983,000, compared with $359,000 in Florida.

How much is rent in Parkland?

The median gross rent in Parkland is $3,157 per month, about 44.2% of household income.

Is Parkland, FL a good place to live?

Pluses: median household income 166% higher than the Florida median; unemployment of 3.1%; a poverty rate of 4.3%. Minuses: home values 174% higher than the state median; an average commute of 33 minutes.

What is the median age in Parkland?

The median age in Parkland is 37.9 years (Florida: 42.6).

How long is the commute in Parkland?

The average commute to work in Parkland is 33 minutes; 29.5% of workers work from home.

What is the unemployment rate in Parkland?

The unemployment rate in Parkland is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Parkland?

71% of adults in Parkland have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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