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Boca Raton, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
100,234
Population
$106,273
Median Income
$722,700
Home Value
46.0
Median Age

Demographics

Boca Raton has a population of 100,234 with a median age of 46.0. Here is the racial and ethnic breakdown of the population:

White
74.7%
Hispanic
15.7%
Black
5.6%
Asian
2.8%
Other
1.2%
Demographic Value
Total Population100,234
Median Age46.0
White74.7%
Black or African American5.6%
Asian2.8%
Hispanic or Latino15.7%
Other / Two or More Races1.2%
Boca Raton, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 74.7%Hispanic/Latino: 15.7%Black: 5.6%Asian: 2.8%Other: 1.2%100,234PopulationWhiteWhite74.7%Hispanic/LatinoHispanic/Latino15.7%BlackBlack5.6%AsianAsian2.8%OtherOther1.2%

Income & Economy

The median household income in Boca Raton is $106,273, which is 31.8% above the national median of $80,610. The per capita income is $76,039. The poverty rate is 10.0%.

$106,273
Median Household Income
$76,039
Per Capita Income
10.0%
Poverty Rate

Employment

The unemployment rate in Boca Raton is 3.5%, compared to the national rate of 4.1%.

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Education

In Boca Raton, 96.2% of residents age 25+ have a high school diploma or higher, and 61.8% hold a bachelor's degree or higher (25.4% with a graduate or professional degree).

HS Diploma+
96.2%
Bachelor's+
61.8%
Graduate+
25.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.2%
Bachelor's Degree or Higher61.8%
Graduate or Professional Degree25.4%

Housing

The median home value in Boca Raton is $722,700, above the national median of $303,400. The median monthly rent is $2,508. The homeownership rate is 65.7%.

$722,700
Median Home Value
$2,508/mo
Median Rent
65.7%
Homeownership Rate
Housing Metric Value
Median Home Value$722,700
Median Monthly Rent$2,508
Homeownership Rate65.7%
Vacancy Rate15.6%

Salaries in Florida

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Frequently Asked Questions

What is the population of Boca Raton, Florida?
The population of Boca Raton, Florida is 100,234 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Boca Raton, Florida?
The median household income in Boca Raton, Florida is $106,273. This is 31.8% above the national median of $80,610.
What is the median home value in Boca Raton, Florida?
The median home value in Boca Raton, Florida is $722,700. The median monthly rent is $2,508.
What percentage of people in Boca Raton have a college degree?
In Boca Raton, Florida, 61.8% of adults age 25 and older hold a bachelor's degree or higher, and 96.2% have a high school diploma or higher.
Is Boca Raton, Florida an affordable place to live?
The home price-to-income ratio in Boca Raton, Florida is 6.8x (median home value $722,700 vs. median income $106,273), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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