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Watergate, FL

Full City Profile · Florida · Broward County County

2.8 /5.0
C+ Fair
3,709 Population 8,831/sq mi density
$72,641 Median Income $24,884 per capita
$214,200 Home Value $630,081 Zillow
$2,109 Median Rent 33.0% income on rent
76°F Avg Temperature 330 sunny days/yr
26 Violent Crime/100K 637 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$72,641 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$214,200 home value, $2,109/mo rent
F
Safety
1.0 / 5.0
26 violent crimes/100K
D
Education
1.8 / 5.0
10.0% bachelor's degree or higher

Income Overview

Median Household Income
$72,641
3% below
US avg: $75,149
Per Capita Income
$24,884
36% below
US avg: $39,052
Unemployment Rate
5.3%
47% above
US avg: 3.6%
Poverty Rate
20.1%
62% above
US avg: 12.4%

Income Comparison: Watergate vs. U.S. Average

Each bar shows Watergate’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$72,641
97%
Per Capita
US: $39,052
$24,884
64%
IRS Avg AGI
US: $72,000
$99,240
138%
Avg Weekly Wage
US: $1,432
$1,375
96%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,375
4% below US avg ($1,432)
Mean Commute Time
31 min
13% above US avg (28 min)
Work From Home
3.4%
78% below US avg (15.2%)
Drive Alone
76.7%
5% above US avg (73.2%)
Public Transit
1.1%
78% below US avg (5.0%)
County GDP
$173,651M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.7%
Public Transit 1.1%
Work From Home 3.4%
Other 18.8%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
81,808
Restaurants
4,485
Healthcare
7,428
Retail
7,266
Manufacturing
1,413

Tax & Financial

IRS Avg Adjusted Gross Income
$99,240
38% above US avg ($72,000)
Avg Property Tax
$9,621
175% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$72,641
Per Capita Income$24,884
IRS Avg Adjusted Gross Income$99,240
Avg Weekly Wage$1,375
County GDP$173,651M

Hardship Indicators

Unemployment Rate5.3%
Poverty Rate20.1%
Gini Coefficient0.489
Cost of Living Index103.4

Commute

Mean Commute31 minutes
Drive Alone76.7%
Public Transit1.1%
Work From Home3.4%

Businesses

Total Establishments81,808
Restaurants4,485
Healthcare7,428
Retail7,266
Manufacturing1,413

Tax

IRS Avg AGI$99,240
Avg Property Tax$9,621