Area Insights of 33433, Boca Raton, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 537 homes were sold with 196 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33433, Boca Raton, FL

Date

04-20-2022

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

French Int'L School of Boca Raton Le Petit Prince

PK to 5

St Jude Catholic School

PK to 8

Middle School

No schools available

High School

No schools available

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 12% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (46,614)
21,065 Male
25,549 Female
Education
20% High School
7% Associate
29% Bachelor
24% Graduate
Age

Average Age is 50 Years

Household Details

The area's household landscape is diverse, with 72% owner-occupied homes and 28% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $571,494, which suggests ample demand for multi-bedroom properties.

Total Households
21,388
Average home value
$571,494
Owned
72%
Rented
28%
Vacant
10%
Families
55%
Married
44%
With children
23%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 4% Black, and 0% Native residents, alongside 70% White and 18% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 34% of households earning over $100,000 annually, while 31% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
12%
Professional
15%
Education
8%
Services
22%
Labor
16%
Retail
14%
Other
10%
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