Overview

Davie is situated in the Broward County in Florida State.  This city has a population of approximately 80 thousand people, with abut 2500 people living per square mile. There has been a steady population growth in Davie over the past seven year by about 7%. The composition of the population of this city is about 84% white people, 6% black and the rest a mixture of Asians, Native Americans and others. The average income per household in Davie is about US $53 thousand which is a good amount by regular standards. The cost of living in this city is slightly higher than an average US city by about 23%.

Overall this shows a healthy growth in the economic conditions of the city. This is further backed by the positive growth in jobs and employment opportunities over the last year which was about 4%. At the same time, the forecast of job growth over the next ten years has been estimated to be a good 20% (approximately) which is very promising. The above indicators would prove beyond any doubt that relocation to this city is a great idea

Davie Real Estate

The value of an average home in Davie is about US $400 thousand which is a little on the higher side. However, if you look at the appreciation rate that the last year shows with real estate, i.e. 21%, you would agree that an investment in this field would be rather great.

How to rent or buy in Davie

The people who live in rented homes in Davie account for about 22%, while about 9% of the homes would almost always stay vacant. The rest of 69% of the total population – which is a huge number – own their homes. This is yet another indicator that relocation to this place is an excellent idea. When you need to buy or rent a home in Davie, you could always trust the local real estate agents with it.

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