Cost of Living in Hollywood, Florida
Hollywood has a population of about 155,082. The median household income is $67,203, median gross rent is $1,653/month, and the median home value is $410,600. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Hollywood expensive to live in?
Compared with the national median in this dataset, rent in Hollywood is about the national median and home values are 10% above the national median. Household income here is 20% below the national median. Monthly rent represents roughly 30% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Hollywood?
The median gross rent in Hollywood, Florida is $1,653 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Hollywood?
The median owner-occupied home value in Hollywood is $410,600 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Hollywood?
The median household income in Hollywood is $67,203 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.