Boca Raton, FL
Population 98,833 · Florida
About Boca Raton, FL
Boca Raton is a mid-sized city located in Florida with a population of 98,833 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,722 per year, which is 37% above the national median of $75,149. The median age of 45.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Boca Raton features a median home value of $660,100, which is 170% above the national median of $244,900. This places Boca Raton in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,334, 101% above the national average of $1,163/month. Of the 48,811 total housing units, 66% are owner-occupied (27,090 units) and 34% are renter-occupied (14,107 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Boca Raton shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Boca Raton have an average one-way commute time of 21.6 minutes.
Education & Demographics
60.4% of Boca Raton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.2% White, 0.9% Hispanic or Latino, 2.4% Black or African American, and 8.2% Asian residents, with 19.9% of the population being foreign-born.
How Boca Raton Ranks in Florida
Cost of Living in Boca Raton, FL
Compared to national averages, Boca Raton has a median household income of $102,722 (37% above the national median of $75,149). Home values average $660,100, which is 170% above the national median. Monthly rent at $2,334 is 101% above the US average of $1,163. Within Florida, Boca Raton's income is 35% above the state average of $75,893, and home values are 87% above the state median of $353,675.
Why Live in Boca Raton, FL?
Boca Raton offers a strong local economy with a median household income of $102,722, well above the national average, and a well-educated community where 60.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.4%, better than the national average. Additionally, the city features short commute times averaging just 21.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $660,100. However, as a mid-sized city, Boca Raton provides access to a wide range of amenities and services.
Boca Raton has a population of 98,833 with a median age of 45.8 years. Compare Boca Raton with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Boca Raton
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sunrise | 96,633 | $72,107 | $328,700 | Compare |
| Deltona | 95,682 | $72,967 | $254,100 | Compare |
| Palm Coast | 94,362 | $71,840 | $317,200 | Compare |
| Fort Myers | 91,730 | $62,160 | $351,600 | Compare |
| Davie | 106,412 | $87,171 | $433,600 | Compare |
| Alafaya | 90,874 | $98,289 | $391,900 | Compare |
| Riverview | 107,776 | $95,442 | $341,200 | Compare |
| Deerfield Beach | 86,742 | $56,976 | $274,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Boca Raton With Other Cities
Frequently Asked Questions about Boca Raton
What is the population of Boca Raton, FL?
The population of Boca Raton, FL is 98,833 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Boca Raton?
The median household income in Boca Raton, FL is $102,722 per year, which is 37% above the national median of $75,149.
What is the median home value in Boca Raton?
The median home value in Boca Raton, FL is $660,100, which is 170% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boca Raton?
The median monthly rent in Boca Raton, FL is $2,334, which is 101% above the national average of $1,163/month.
What is the unemployment rate in Boca Raton?
The unemployment rate in Boca Raton, FL is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Boca Raton, FL a good place to live?
Boca Raton offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 98,833 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Boca Raton, FL?
60.4% of residents in Boca Raton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Boca Raton?
Key cost-of-living indicators for Boca Raton, FL: median home value is $660,100 (170% above national), median rent is $2,334/month, and median household income is $102,722. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Boca Raton?
The poverty rate in Boca Raton, FL is 9.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Boca Raton, FL?
Boca Raton's population is 2.2% White, 0.9% Hispanic or Latino, 2.4% Black or African American, 8.2% Asian, and 5.4% two or more races. 19.9% of residents are foreign-born.