Plantation today
What this means
Plantation prices barely moved in the past year (+0.1%), now 4% below the Feb 2025 peak.
Builders are busier: 308 homes permitted so far in 2026, up 1712%.
Treat these as area figures and confirm rent with comps. Sources and method: how these figures are built.
Quick facts
| Plantation | vs Broward County | vs Florida | |
|---|---|---|---|
| Population | 99,183 (2025 estimate) | ||
| Growth since 2020 | 8.2% | +4.7 pts | -0.7 pts |
| Median home value | $483,500 | 17% higher | 35% higher |
| Median gross rent | $2,240 | 17% higher | 34% higher |
| Median household income | $92,541 | 19% higher | 24% higher |
| Owner occupied homes | 64.3% | +0.7 pts | -3.3 pts |
| Residents 65 and older | 16.9% | -1.0 pts | -4.4 pts |
| Average commute (minutes) | 28 | 5% lower | 1% lower |
| Homes built 2010 or later | 7.5% | +0.6 pts | -6.7 pts |
| Median property tax paid | $4,416 | 14% higher | 62% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Plantation
Central Broward city of drained Everglades land, planned and incorporated in 1953.
As an incorporated city, Plantation sets its own zoning inside Broward County.
Known for: Westfield Broward; Plantation Heritage Park; Plantation Central Park
Grew from about 4,800 people in 1960 to 91,750 in 2020.
Next to the rest of Broward County, fewer homes are seasonal or vacation homes (1% vs 7.2%); Census median rent runs higher ($2,240 vs $1,907 countywide); household incomes are higher ($92,541 vs $77,633) and the median value of $483,500 is above the county's $414,600.
Cities with similar prices and rents: The Hammocks ($468,100, $2,187), Lake Mary ($494,900, $2,120), Miramar ($462,700, $2,117).
Growth and housing
Plantation changed 8.2% in population from 2020 to 2025 (county 3.5%, Florida 8.9%).
| 2025 building permits | Plantation |
|---|---|
| Single family | 13 |
| 5 or more units | 8 |
| Total units | 21 |
| Per 1,000 residents | 0.2 |
Median year built: 1984. This is a multifamily heavy market (36.8% in buildings of 5+ units). Average household size is 2.58.
Each year about 2.1% of residents arrive from other states.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $6,136 a year |
| Hurricanes tied to Broward County since 2000 | Katrina (2005) |
| Coastal county | check flood zone and elevation per address |
Insurers will want a four point inspection on most older homes here (40.3% predate 1980). Inspections
Condo towers and big complexes (23.8% of homes) mean assessments and building approval matter. Condo financing
Flood, storms and jobs
Plantation has its own flood program rating: CRS class 7, which takes 15% off federal flood premiums in high risk zones. Since 2000, flood insurance has paid $3,124,829 on 682 claims inside Plantation. Countywide, 18.9% of homes sit in a FEMA high risk zone; the Broward County guide has the full flood, storm and jobs picture.
Buying a home in Plantation
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $667,000 |
| Conforming, one unit | $832,750 |
| Median home value here | $483,500 |
Homes cost 5.2 times median household income here (Broward County 5.3, Florida 4.8).
- Conventional: mortgage insurance drops off as equity builds.
- FHA: $183,500 of room between the median home and the FHA limit.
Investing in Plantation
Long term rentals
| Plantation | vs Broward County | |
|---|---|---|
| Renter occupied homes | 35.7% | -0.7 pts |
| Rental vacancy | 8.6% | +2.0 pts |
| Rent as share of renter income | 37.4% | -0.9 pts |
Short term rentals
Seasonal and vacation homes: 1% of the stock, against 7.2% countywide.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 6% |
| State sales tax | 6% plus any county surtax |
Nightly rentals depend on local zoning and the HOA; check both. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 45.3% |
| Buildings with 5+ units | 36.8% |
| Manufactured homes | 0.8% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.