Overview

Coral Springs is situated in the Broward County, Florida State. The population of Coral Springs is about 130 thousand people, which has shown a steady growth over the last seven years of about 10%. The name of the city is owed to the company Coral Ridge Properties which planned and developed this city. There are no springs in the city. This city is overall one of the best cities in South Florida due to high livability, low crime rate and excellent esthetic appeal.  It is due to this property that the population growth has been steady and continuous.

The population of the Coral Springs consists of approximately 76% white people and about 13% black people. The rest is comprised of Asians and Native Americans. The economy in this city is vibrant and growing at a steady pace. This is reflected in the job growth trend that has shown a growth of about 5% in the past year and would be growing by about 27% in the next ten years. The cost of living in Coral Springs is about 25% more than an average city in USA. This also indicates that the economy is on the rise as well as the standard of living. The average income per household in Coral Springs is about US $66 thousand annually which is exceptionally high.

Coral Springs Real Estate

The value of an average house in Coral Springs is US $440 thousand which is a little high. However, there has been an appreciation on the real estate prices of about 23% which makes buying property in this city a real good investment.

How to rent or buy in Coral Springs

About 33% of the total population in Coral Springs prefers to live in rented property.  There are some unoccupied houses and apartments which make for about 5% of the total available property. That leaves some 62% of the population living in self-owned property. This is a great place to live in – and if you want to buy or rent a place here, you would do best to get in touch with the local real estate agents who would find you the most suitable property.

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Keywords: Coral Springs Apartments for Rent, Coral Springs Real Estate for Sale, Coral Springs Homes