Named after the famous city in California, Hollywood, FL, is located on the eastern tip of Florida bordering the Atlantic Ocean, and it is home to a population of nearly 150,000 people. Hollywood is a highly desired location due to its proximity to larger and more densely populated cities, with Fort Lauderdale to the north and Miami to the south. Hollywood contains an eclectic mix of history, art, and music, which draws thousands of tourists to the city every year.
Hollywood is a planned city that was to be used as a motion picture mecca on the east coast; therefore its residential, shopping, and commercial areas are sharply delineated. Hollywood is a surprisingly affordable area, especially for a city right on the beach. Waterfront homes are typically the most expensive real estate in the area, with incredible ocean views as well as upscale touches in the homes such as marble countertops, high-end stone floors, and top-of-the-line stainless steel appliances. Most waterfront homes are located within multi-unit buildings, some of which contain fitness centers, recreation rooms, pools, and garages for their residents. Less expensive homes can be found further inland, and they are typically somewhat older than beachfront homes and feature less customization.
The unemployment rate in this area is fairly low, below the national average, and jobs have increased by nearly 4% in the last decade. A top industry in the city is real estate, as many people are looking to move to Hollywood or purchase second homes in the area due to the warm, sunny weather and sparsely populated beaches. Other top industries in Hollywood include healthcare, education, finance, and tourism. Memorial Healthcare System is the top employer in the area, with nearly 10,000 employees, while Memorial Regional Hospital South and Great HealthWorks round out the top employers in the healthcare industry in Hollywood. Sheridan Technical College and Technical High School as well as Broward County Public Schools are also top employers in the city, with many public, private, and charter schools employing hundreds of teachers, administrators, and support staff.