Could Wilton Manors, FL be your next home? Located in South Florida, Wilton Manors is a city in Broward County, Florida with the 2nd largest gay population in the U.S. It is located just 3 miles from the sunny shores of Florida’s east coast and a stone's throw from Fort Lauderdale’s rich amenities. With white sand beaches and a near perfect climate, it continues to be a draw for visitors and relocation enthusiasts from the North-eastern seaboard and beyond. Wilton Manors real estate is some of the hottest property in South Florida.
It's called Wilton Manors City Island because the entire city is surrounded by canals. It boasts an average year around temp of 82.5 degrees, with the most pleasant months being what would traditionally include the winter and spring - November through the middle of May. Summer is considered humid, but most people get used to the steamy conditions.
The main drag is Wilton Drive with an abundant night life of restaurants, bars, and nightclubs. It is a pedestrian-friendly experience and all areas are walkable.
Quick Facts About Wilton Manors
ECONOMY - The unemployment rate in Wilton Manors is 5.00 percent (U.S. avg. is 6.30%). Recent job growth is Positive. Wilton Manors' jobs have increased by 3.89 percent.
COST OF LIVING - Compared to the rest of the country, Wilton Manors’ cost of living is 26.60% higher than the U.S. average.
POPULATION - As of 2014, Wilton Manors’ population is 11,787 people.
REAL ESTATE - The median home value in Wilton Manors is $310,500. Wilton Manors' home values have gone up 3.1% over the past year and Zillow predicts they will fall -3.7% within the next year.
DEMOGRAPHICS - courtesy of Trulia
MEDIAN SALES PRICE / PRICE PER SQ FT / MEDIAN RENT
Wilton Manors market trends indicate an increase of $40,000 (15%) in median home sales over the past year. The average price per square foot for this same period rose to $219, up from $186.
COMPARISON TO STATE OF FLORIDA
Wilton Manors Compared to Florida State Average
- Median house value above state average
- Unemployed percentage significantly below state average
- Median age above state average
- Length of stay since moving in above state average
- Number of rooms per house below state average
- House age above state average
- Percentage of population with a bachelor's degree or higher above state average
Wilton Manors is ideally suited for someone who enjoys sunshine, close access to the beach, and five star amenities. The demographics suggest that it is the perfect location for the LGBT lifestyle. With solid appreciation and a healthy real estate market, Wilton Manors remains a good and solid investment for the money spent. The waterways and healthy outdoor living make it a great choice for professionals and baby boomers alike.
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FOR MORE INFORMATION REGARDING THE COMPLETE LIST OF AVAILABLE PROPERTIES IN WILTON MANORS, FL PLEASE CONTACT THE GARY LANHAM GROUP