Located in the state of Florida, Hollywood is a medium-sized city with a population of 148,114 inhabitants. Hollywood has a population density of 5,438 people per square mile. This would be considered well above the national population density level. The majority of Hollywood residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Hollywood are of Hispanic or Latino origin, and 32% of the population also speak Spanish.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Hollywood could be a positive experience compared to other cities in Florida if you know where to search. To help you find the best places to live in and around Hollywood, AreaVibes has created a livability score using key metrics like amenities, cost of living, employment, housing and more.
With a livability score of 75/100, Hollywood is ranked #5,237 in the United States and #381 in Florida. Clearly, Hollywood is doing something right, as this score ranks well above the average of most cities. There are seven total categories that generate the livability score. Hollywood scores well for amenities (A+) and weather (A). The bad news for Hollywood, there are some categories for which it does not score well, this includes: crime (D) and employment (D).
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Hollywood is real estate affordability. Median real estate prices in Hollywood come in at $197,100, which is 18.2% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Hollywood, the home price to income ratio is 4.1, which is 20.6% higher than the Florida average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Hollywood will offer some insight into determining if your home purchase will be a solid investment for years to come. In Hollywood, the year-over-year appreciation rates were 10.1%, and the 5 year appreciation rates came in at 13.8%.
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