Surrounding submarket Area
Florida City, Florida is a part of the South Dade/Homestead Submarket submarket area.
Florida City Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Florida City, FL submarket area was $1,126, which is 56.17% lower than 2014 average rent. This represents a compounded annual growth rate of 9.33%. 2019 vacancy in Florida City, FL was 5.70%.
The total population of the city of Florida City, FL has grown 7.40% since 2010. As of 2018, the population was 12,077. The median household income of the Florida City was $35,794, which is 40.63% lower than the national average.
- submarket area South Dade / Homestead Submarket
- avg rent $1,126
- rent growth 56.17%
- vacancy 5.70%
- median income $35,794
- population (2018) 12,077
- population growth 7.40%
- vs. nat'l avg 40.63%