Area Insights of 33434, Boca Raton, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 3%, indicating a strong buyer interest. A total of 546 homes were sold with 197 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33434, Boca Raton, FL

Date

04-20-2022

Price Ratio

100%

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

Emerging Minds Montessori Academy

PK to 8

Middle School

No schools available

High School

Olympic Heights Community High School

9 to 12

Ratings

B

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 11% 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 (21,758)
9,534 Male
12,224 Female
Education
16% High School
8% Associate
29% Bachelor
26% Graduate
Age

Average Age is 60 Years

Household Details

The area's household landscape is diverse, with 78% owner-occupied homes and 22% renter-occupied properties. Family households represent 56% of the population, indicating a strong community focus on family living. The average home value stands at $481,093, which suggests ample demand for multi-bedroom properties.

Total Households
11,274
Average home value
$481,093
Owned
78%
Rented
22%
Vacant
19%
Families
56%
Married
46%
With children
14%

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 3% Asian, 3% Black, and 0% Native residents, alongside 76% White and 16% 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 36% of households earning over $100,000 annually, while 23% 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
2%
Healthcare
10%
Professional
16%
Education
8%
Services
26%
Labor
13%
Retail
12%
Other
13%
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