Living in Pinecrest, Florida

Cost of living, income, home prices, rent and demographics of Pinecrest · Census data 2020–2024

Pinecrest has 18,462 residents with a median age of 42.3. The median household income is $206,417 (177% higher than the Florida median), the median home value is $1,406,400, the median rent is $1,946/month.

Pinecrest at a glance

Population
18,462
Median age
42.3State: 42.6
Median household income
$206,417State: $74,568
Median home value
$1,406,400State: $359,000
Median rent
$1,946/moState: $1,669
Homeowners
82.8%
Bachelor's degree or higher
72.4%
Average commute
28 min

Is Pinecrest a good place to live?

Pros: Median household income 177% higher than the Florida median; an average commute of 28 minutes; unemployment of 3%; a poverty rate of 4.3%.

Cons: Home values 292% higher than the state median.

The weather is best in February–March and November–December.

Cost of living in Pinecrest

Housing is the biggest part of the cost of living. In Pinecrest the median home value is $1,406,400, 323% higher than the U.S. median. Renters pay a median of $1,946 per month, which is 32.9% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Pinecrest$1,406,400
Florida$359,000
United States$332,700

Median monthly rent

Pinecrest$1,946
Florida$1,669
United States$1,413

Pinecrest median household income

The median household income in Pinecrest is $206,417 and the income per person is $113,172. 4.3% of residents live below the poverty line (Florida: 12.6%).

Median household income

Pinecrest$206,417
Florida$74,568
United States$80,734

Housing in Pinecrest: homes for sale and rent

Housing units
6,478
Owner-occupied
82.8%
Renter-occupied
17.2%
Vacant
6.1%Includes seasonal homes
Median year built
1969
Average household size
3.03

Pinecrest demographics

Population
18,462
Median age
42.3
Under 18
28.3%
65 and older
17.5%
Households
6,081
Foreign-born
30.4%
Veterans
2.4%Adults 18+

Race and ethnicity

White49.3%
Hispanic or Latino48.7%
Black2%
Asian4%

Hispanic or Latino can be of any race. Population history of Pinecrest ›

Education in Pinecrest

72.4% of adults 25 and older in Pinecrest have a bachelor's degree or higher (Florida: 34.1%), and 39.1% have a graduate or professional degree.

Bachelor's degree or higher

Pinecrest72.4%
Florida34.1%
United States35.7%

Jobs and commute in Pinecrest

Unemployment rate
3%State: 4.8%
Average commute
28 minState: 28 min
Work from home
27%
Drive alone
61%
Public transit
3%
Walk to work
1.3%
Homes with broadband
98.2%

Pinecrest vs nearby towns

TownPopulationMedian incomeHome valueRent
Pinecrest18,462$206,417$1,406,400$1,946
Coral Gables49,802$134,216$1,089,900$2,373
Kendall79,562$87,325$567,900$1,905
South Miami12,277$94,507$829,400$1,764
Palmetto Bay24,639$142,447$879,700$2,101
Glenvar Heights19,395$72,118$545,400$1,973
Sunset13,535$109,401$601,300$2,118
Palmetto Estates16,129$82,064$445,900$1,948
Richmond Heights9,992$67,606$378,100$1,801

More for people moving to Pinecrest

Pinecrest ZIP code ›Weather and climate ›

Living in Pinecrest: FAQ

What is the median household income in Pinecrest, FL?

The median household income in Pinecrest is $206,417, 177% 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 Pinecrest?

The median home value in Pinecrest is $1,406,400, compared with $359,000 in Florida.

How much is rent in Pinecrest?

The median gross rent in Pinecrest is $1,946 per month, about 32.9% of household income.

Is Pinecrest, FL a good place to live?

Pluses: median household income 177% higher than the Florida median; an average commute of 28 minutes; unemployment of 3%; a poverty rate of 4.3%. Minuses: home values 292% higher than the state median.

What is the median age in Pinecrest?

The median age in Pinecrest is 42.3 years (Florida: 42.6).

How long is the commute in Pinecrest?

The average commute to work in Pinecrest is 28 minutes; 27% of workers work from home.

What is the unemployment rate in Pinecrest?

The unemployment rate in Pinecrest is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Pinecrest?

72.4% of adults in Pinecrest 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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