Living in Boca Raton, Florida
Cost of living, income, home prices, rent and demographics of Boca Raton · Census data 2020–2024
Boca Raton has 100,234 residents with a median age of 46. The median household income is $106,273 (43% higher than the Florida median), the median home value is $722,700, the median rent is $2,508/month.
Boca Raton at a glance
- Population
- 100,234
- Median age
- 46State: 42.6
- Median household income
- $106,273State: $74,568
- Median home value
- $722,700State: $359,000
- Median rent
- $2,508/moState: $1,669
- Homeowners
- 65.7%
- Bachelor's degree or higher
- 61.8%
- Average commute
- 21 min
Is Boca Raton a good place to live?
Pros: Median household income 43% higher than the Florida median; an average commute of 21 minutes; a poverty rate of 10%.
Cons: Home values 101% higher than the state median; unemployment of 5.5%.
The weather is best in December to March.
Cost of living in Boca Raton
Housing is the biggest part of the cost of living. In Boca Raton the median home value is $722,700, 117% higher than the U.S. median. Renters pay a median of $2,508 per month, which is 39.9% of household income. Homeowners with a mortgage pay $3,306 a month in housing costs.
Boca Raton median household income
The median household income in Boca Raton is $106,273 and the income per person is $76,039. 10% of residents live below the poverty line (Florida: 12.6%).
Housing in Boca Raton: homes for sale and rent
- Housing units
- 49,128
- Owner-occupied
- 65.7%
- Renter-occupied
- 34.3%
- Vacant
- 15.6%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.26
Boca Raton demographics
- Population
- 100,234
- Median age
- 46
- Under 18
- 16.2%
- 65 and older
- 24.6%
- Households
- 41,450
- Foreign-born
- 20.4%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Boca Raton ›
Education in Boca Raton
61.8% of adults 25 and older in Boca Raton have a bachelor's degree or higher (Florida: 34.1%), and 25.4% have a graduate or professional degree.
Jobs and commute in Boca Raton
- Unemployment rate
- 5.5%State: 4.8%
- Average commute
- 21 minState: 28 min
- Work from home
- 23.5%
- Drive alone
- 63.9%
- Public transit
- 0.6%
- Walk to work
- 2.7%
- Homes with broadband
- 93.3%
Boca Raton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Boca Raton | 100,234 | $106,273 | $722,700 | $2,508 |
| Highland Beach | 4,311 | $145,485 | $909,200 | $3,501 |
| Deerfield Beach | 88,093 | $59,730 | $309,600 | $1,774 |
| Delray Beach | 67,979 | $82,041 | $420,300 | $1,961 |
| Hillsboro Pines | 457 | $84,651 | $692,900 | — |
| Lighthouse Point | 10,600 | $92,135 | $688,400 | $1,880 |
| Hillsboro Beach | 2,271 | $94,432 | $681,700 | $3,346 |
| Watergate | 3,782 | $67,071 | $222,000 | $2,076 |
| Coconut Creek | 58,330 | $75,014 | $309,600 | $2,102 |
More for people moving to Boca Raton
Boca Raton ZIP code ›Weather and climate ›Living in Boca Raton: FAQ
What is the median household income in Boca Raton, FL?
The median household income in Boca Raton is $106,273, 43% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Boca Raton?
The median home value in Boca Raton is $722,700, compared with $359,000 in Florida.
How much is rent in Boca Raton?
The median gross rent in Boca Raton is $2,508 per month, about 39.9% of household income.
Is Boca Raton, FL a good place to live?
Pluses: median household income 43% higher than the Florida median; an average commute of 21 minutes; a poverty rate of 10%. Minuses: home values 101% higher than the state median; unemployment of 5.5%.
What is the median age in Boca Raton?
The median age in Boca Raton is 46 years (Florida: 42.6).
How long is the commute in Boca Raton?
The average commute to work in Boca Raton is 21 minutes; 23.5% of workers work from home.
What is the unemployment rate in Boca Raton?
The unemployment rate in Boca Raton is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Boca Raton?
61.8% of adults in Boca Raton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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