Parkland Real Estate Stats
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Parkland Community Information
Parkland has 1 main street going East to West through the city, with most of the neighborhoods situated off that main street (Holmberg Rd). It can be divided into East and West Parkland, with the homes on the East side of town (East of University Dr) typically being a little older, but having larger lots and lower HOA fees. The side streets off both the North and South side of Holmberg Road are a neighborhood called Pine Tree Estates which actually have no HOA and have lots that are typically about 1.09 Acres.
On the West side of Parkland, you find many gated neighborhoods with all the amenities a growing family could want. Depending on your budget, you can find a neighborhood and home that is right for you. Whether you want a high-end luxury, country club lifestyle in Parkland Golf & Country Club, a mid-range gated neighborhood with tons of amenities like Heron Bay, or a lower maintenance gated neighborhood like Fox Ridge or Parkland Isles, there is a lifestyle and neighborhood for everyone!
Parkland is known for its education - in fact the A-Rated schools are the main draw to the city. There are 3 elementary schools (Riverglades Elementary, Heron Heights Elementary, and Park Trails Elementary), 1 middle school (Westglades Middle School), 1 high school (Stoneman Douglas High School), as well as a brand new K-8 Charter school (Somerset Academy). The Broward County School Board also owns a large plot of land on the North West part of town just outside the Cascata neighborhood that could be used for more schools in the future as the city's population continues to grow - although there are no plans currently for rezoning or new schools.
Living in Parkland, FL
Parkland has a population of over 34,000 people making it a medium-sized city in Florida. Much of the housing stock in Parkland was built relatively recently and the city tends to be one of the most affluent areas in all of Florida, if not the entire country, with a median household income is $240,208 for a family of four.
Parkland home prices are not only among the most expensive in Florida, but Parkland real estate also consistently ranks among the most expensive in America.
Parkland is mostly a white-collar city with almost 93% of people employed in traditionally white-collar jobs, well above the national average. Over 22% of residents in Parkland have a managerial job, with another 14% working in business or finance, and over 13% in some sort of sales role. Parkland also has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Parkland work remotely now with almost 18% of people working from home. This makes for a large demand in homes with a home office area.
Parkland is a good choice for families with children because of the city’s good public school district, and because there is a large population of college-educated adults providing an environment conducive to academic success.
Finally, Parkland’s overall crime rate is lower than average for the country.
Almost 63% of Parkland adults have a 4-year college degree, masters degree, MD, law degree, or even PhD compared to the national average of 22% for all cities.
Parkland, FL Real Estate Market Trends
Parkland is mostly single-family homes 9,819 houses or apartments, and a median cost of homes of $1,057,107, Parkland house prices are not only among the most expensive in Florida, Parkland real estate also is some of the most expensive in all of America.
Parkland has mostly larger single family homes with four or more bedrooms; In fact, there is a higher proportion of four, five or more bedroom homes in Parkland than is found in 98% of the communities in America. Over 83% of the homes in Parkland are owner-occupied.
Over 60% of Parkland's homes were built after 2000, making the city have a very new look and feel and the city is known for its gated neighborhoods with luxurious amenities. But not all the homes in Parkland are brand new. About 37% of the homes in Parkland were built between 1970 - 1999.
Parkland Home Appreciation Rates
In the last 10 years, Parkland has experienced some of the highest home appreciation rates of any community in the nation with over 103% appreciation in the last 10 years. This makes Parkland in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Parkland definitely has a track record of being one of the best long term real estate investments in America.
Parkland, FL Real Estate Agents
Allow our Parkland real estate team to guide you through the purchase of your new property or through the sale of your current residence today! As local real estate agents, we know the unique market dynamics of Parkland real estate.
To learn more about agent representation while buying or selling, contact The Mandel Team. Selling your Parkland home? Check out our market analysis page for a free home value estimate within minutes!
Parkland Real Estate FAQ's
1. Where is Parkland, FL
- Parkland is located in the North West part of Broward County, just north of the Sawgrass Expressway. It extends from the Everglades in the West over to 441 as the Eastern boundary.
2. How far is Parkland from the beach?
- Because South Florida has so many beaches this question can vary depending on which beach you prefer. The closest public beach would be Deerfield Beach that has a large pier and lots of restaurants up and down the boardwalk for people to enjoy. Because of Parkland's proximity to the Sawgrass, you can either hop on and take that all the way East or you can shoot up Hillsboro Blvd and get right to the beach. Either way, the drive is usually about 20-25 minutes from your house to have your feet in the sand - give or take time for parking!
3. Is Parkland, FL a good place to live?
- Parkland is a fantastic family-friendly community and an excellent place to raise your kids, but it's also a great place to retire. Many residents didn't want to move away from their families who also live in Parkland as they retired, and there are now a few 55+ communities right in Parkland making it great for people of all ages!
4. How far is Parkland from Boca Raton or Miami?
- This can vary depending on many things including time of day, as well as exactly where in Boca Raton or Miami you are actually going. Many residents of Parkland travel to work in Miami or Fort Lauderdale every day, and because you have such easy access to the Sawgrass Expressway, you can really get anywhere you need to go. It's about 1 hour (give or take with traffic) to Miami, 30 minutes to Fort Lauderdale, and about 15-25 minutes if you are getting all the way to Downtown or East Boca.
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