Cost of Living in Hollywood, FL
Population: 152,935 • 2026 Data
$65,359
Median Household Income
-16% vs national
$1,555
Median Monthly Rent
+15% vs national
$374,200
Median Home Value
+10% vs national
6.3%
Unemployment Rate
Housing in Hollywood
The median home value in Hollywood, FL is $374,200. Monthly rent for a typical unit averages $1,555, while total monthly housing costs (including utilities and insurance) average $1,568.
Rent-to-income ratio: 28.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hollywood, FL is $65,359. The unemployment rate stands at 6.3%, with a labor force of 86,028 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.