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Economy, jobs and prices in Boca Raton, Florida: official figures

The median household income in Boca Raton was $106,273 a year in the 2020-2024 American Community Survey (in 2024 dollars), 188th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Florida median $74,568.

Median household income
$106,273
2020-2024
Unemployment rate (ACS)
5.5%
2020-2024
Mean travel time to work
21.2 min
2020-2024
Median gross rent (monthly)
$2,508
2020-2024
Median home value (owner-occupied)
$722,700
2020-2024
Homes occupied by their owners
65.7%
2020-2024
Households with a broadband subscription
93.3%
2020-2024

What is the per capita income in Boca Raton?

Income per resident (per capita income) in Boca Raton averaged $76,039 a year in 2020-2024, 34th highest of 823 US cities of 50,000 or more (US: $44,673; Florida: $42,609).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Boca Raton?

Boca Raton's Gini index of household income inequality was 0.559 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 7th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Boca Raton, Florida?

5.5% of the civilian labor force in Boca Raton was unemployed on average over 2020-2024 (2,783 people), 357th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Florida's 4.8%.

Source: U.S. Census Bureau · saved copy

What share of people in Boca Raton are working?

58.6% of Boca Raton's 85,896 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 63rd lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Boca Raton have jobs?

47,451 residents of Boca Raton held civilian jobs, 55.2% of those aged 16 and over (US: 59.7%), and 72 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Boca Raton?

The largest industry group for working residents of Boca Raton was education, health care and social assistance (20.6% of employed residents), followed by professional, scientific, management and administrative services (20.6%) and finance, insurance and real estate (13.3%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Boca Raton work in manufacturing?

Manufacturing employed 4.9% of working residents of Boca Raton, 79th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 20.6% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Boca Raton, Florida?

Commuters in Boca Raton took 21.2 minutes on average to get to work in 2020-2024, 212th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.3% travelled an hour or more and 33.8% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Boca Raton get to work?

23.5% of workers living in Boca Raton worked from home in 2020-2024, 130th highest of 823 US cities of 50,000 or more (US: 15.1%). 63.9% drove to work alone, 6.3% carpooled, 0.6% used public transport and 2.7% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Boca Raton, Florida?

The median gross rent (rent plus utilities) in Boca Raton was $2,508 a month in 2020-2024, 47th highest of 823 US cities of 50,000 or more (US: $1,413; Florida: $1,669).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Boca Raton?

Owner-occupied homes in Boca Raton had a median value of $722,700 in 2020-2024 as estimated by their owners, 114th highest of 823 US cities of 50,000 or more (US: $332,700; Florida: $359,000).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Boca Raton?

The median home value in Boca Raton was 6.8 times the median household income, 141st highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Boca Raton, Florida own their home?

65.7% of the 41,450 occupied homes in Boca Raton were lived in by their owners in 2020-2024 and 14,200 were rented, 230th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Florida: 67.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Boca Raton have broadband?

93.3% of households in Boca Raton had a broadband internet subscription of some type in 2020-2024, 348th highest of 823 US cities of 50,000 or more (US: 91.0%; Florida: 91.6%).

Source: U.S. Census Bureau · saved copy

How many households in Boca Raton have no internet?

3.6% of households in Boca Raton (1,495) had no internet access at home in 2020-2024, 266th lowest of 823 US cities of 50,000 or more (US: 6.5%); 8.8% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Boca Raton compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Boca Raton ranks 188 of 823, highest first.

RankCityMedian household income (2024 dollars)
185Hoffman Estates$106,806
186Blaine$106,801
187Hillsboro$106,409
188Boca Raton$106,273
189Santa Barbara$106,182
190Napa$105,963
191Upland$105,830
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Boca Raton ranks 34 of 823, highest first.

RankCityPer capita income (2024 dollars)
31Laguna Niguel$77,395
32Washington$77,348
33Fremont$77,049
34Boca Raton$76,039
35Minnetonka$75,502
36Alameda$75,137
37Miami Beach$75,054
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Boca Raton ranks 7 of 823, highest first.

RankCityGini index of household income inequality
4Champaign0.562
5Boulder0.561
6Baton Rouge0.561
7Boca Raton0.559
8Atlanta0.557
9Miami0.556
10Greenville0.556
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Boca Raton ranks 357 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
354Clovis5.6%
355Elyria5.6%
356Wichita5.6%
357Boca Raton5.5%
358Jersey City5.5%
359Concord5.5%
360Camarillo5.5%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Boca Raton ranks 761 of 823, highest first.

RankCityLabor force participation rate (16 and over)
758St. George58.7%
759Largo58.6%
760Lorain58.6%
761Boca Raton58.6%
762Redding58.5%
763Valdosta58.5%
764Muncie58.5%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Boca Raton ranks 612 of 823, highest first.

RankCityMean travel time to work (minutes)
609Brooklyn Park21.3
610Eagan21.2
611Springfield21.2
612Boca Raton21.2
613Pontiac21.2
614Mishawaka21.1
615Memphis21.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Boca Raton ranks 130 of 823, highest first.

RankCityWorkers who worked from home
127Rocklin23.7%
128Rochester Hills23.6%
129Georgetown23.6%
130Boca Raton23.5%
131South Jordan23.4%
132Lakeville23.4%
133Lakewood23.4%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Boca Raton ranks 579 of 823, highest first.

RankCityWorkers commuting by public transportation
576Elkhart0.6%
577Henderson0.6%
578Chesapeake0.6%
579Boca Raton0.6%
580McAllen0.6%
581Springfield0.6%
582Tulare0.5%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Boca Raton ranks 745 of 823, highest first.

RankCityEmployed residents working in manufacturing
742Bismarck5.0%
743Davis4.9%
744Pasadena4.9%
745Boca Raton4.9%
746Bonita Springs4.9%
747Lacey4.9%
748Pharr4.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Boca Raton ranks 613 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
610North Port20.6%
611Rancho Cordova20.6%
612Green Bay20.6%
613Boca Raton20.6%
614Aurora20.6%
615Fort Myers20.6%
616Everett20.5%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Boca Raton ranks 47 of 823, highest first.

RankCityMedian gross rent per month
44Somerville$2,517
45Huntington Beach$2,510
46Medford$2,509
47Boca Raton$2,508
48Novato$2,506
49Tracy$2,478
50San Francisco$2,476
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Boca Raton ranks 114 of 823, highest first.

RankCityMedian value of owner-occupied homes
111Alexandria$735,100
112Boston$731,700
113Santee$727,200
114Boca Raton$722,700
115Bend$718,400
116Escondido$714,500
117Santa Rosa$713,900
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Boca Raton ranks 138 of 820, highest first.

RankCityMedian home value as a multiple of median household income
135Ontario6.8x
136Greenville6.8x
137College Station6.8x
138Boca Raton6.8x
139Lynn6.8x
140Fort Collins6.8x
141Reno6.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Boca Raton ranks 230 of 823, highest first.

RankCityOccupied homes lived in by their owners
227Frisco65.9%
228Dubuque65.8%
229Bloomington65.7%
230Boca Raton65.7%
231Dublin65.7%
232Kannapolis65.6%
233Peabody65.6%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Boca Raton ranks 348 of 823, highest first.

RankCityHouseholds with a broadband subscription
345Lincoln93.4%
346Napa93.3%
347Dearborn93.3%
348Boca Raton93.3%
349Haverhill93.3%
350Chapel Hill93.3%
351Nashua93.3%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Boca Raton ranks 558 of 823, highest first.

RankCityHouseholds with no internet access
555Arlington Heights3.6%
556Broken Arrow3.6%
557Normal3.6%
558Boca Raton3.6%
559Rio Rancho3.6%
560Edina3.6%
561Renton3.6%
Source: U.S. Census Bureau · saved copy

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