The Hammocks, FL People Search

The Hammocks has a population of 55,713 people, according to the Census data for 2016.

Compared to 2010, this number has increased by 4,710 people (9.2%), so we can confidently say that the dynamics of the population growth are positive. If you compare the rate of population growth with the nearest cities, such as Coconut Creek or Margate, you will find that these cities have a population growth of 3,907 and a growth of 2,394 people, respectively (7.4% and 4.5% correspondingly)

The The Hammocks median household income is $58,655 (according to the US Census Bureau records for 2016).

A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city. Simply put, it is calculated by summarizing incomes of all adult members of the household. In comparison with the data for year 2010, this figure has increased by $861 (1.5%). Compared with the neighboring cities, the median household income in The Hammocks is lower than in Islamorada($58,686), but greater than in South Miami($58,047). The median household income in Floridais $47,507 (19% lower than in The Hammocks)

The median property value in The Hammocks is $226,800 (based on US Census Bureau data for 2016)

. This means that half of the houses in the city are more expensive than this figure, and half of other houses are less. In 2010, the property value was estimated at $235,200 (making a decrease of $8,400 or 3.6% in 6 years). Here is what the housing market looks like in nearby cities: median property price in Virginia Gardensis $227,800, in Miami— $224,600. Median property value in Florida is $159,000

A poverty rate is one of the key economic indicators.

It shows the proportion of the population whose income is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is. The current poverty rate in The Hammocks is 9.4%. In the neighboring cities, this figure is as follows: in Sunrise, 9.9% of the population live below the poverty line, in Aventura— 9.1%. The poverty rate in Floridais 12.04%. Based on such indicators as the poverty rate, we assume that life in The Hammocks is slightly better than the average for the state.

The median gross rent in The Hammocks is $1,367 a month (as of 2016).

In 2010, this figure was lower — $1,249/mo (-9.4%). Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs. The median gross rent in the state of Floridais lower at $1,002 per month (again, data for 2016). The following median gross rent was registered in the neighboring cities: renters in Tamiamipay $1,371/mo, in Palmetto Estates— $1,366/mo.

The rent burden in The Hammocks is 38.0% (2016).

Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating the housing affordability in the city. Rent burden in The Hammocks is higher than in the state of Florida, where the rent burden is 34.4%. In neighboring cities, the situation is as follows: rent burden is 38.1% in South Miami Heights, and in Davie— 37.9%.

37.6% of housing units in The Hammocks are occupied by renters (2016).

A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation. In 2010, the share of renter-occupied housing units was lower — 35.2%. It seems that now more people live in rented houses in The Hammocks than before. Neighboring cities have the following shares of renter-occupied housing units: West Park(37.7%), Deerfield Beach(37.5%).

There are 6,652 renter occupied households in The Hammocks (2016).

This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has increased by 2% (6,652 households in 2016 vs. 6,506 in 2015). Nearby cities have the following renter-occupied housing unit numbers: there are 6,743 households in Dania Beach, 6,638 units in Margate.

There were 104 evictions reported in The Hammocks in 2016.

Here are how many evictions were made in nearby cities in 2016 : 106 evictions from housing were made in Kendall, 97 in Florida City. Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

The total number of eviction cases that were registered in the The Hammocks in 2016 is 310.26.

Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, The Hammocks has less eviction cases than Wellington(313.75 filings in 2016), more eviction cases than Kendall(282.89 filings).