Area Insights of 33486, 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 246 homes were sold with 87 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33486, Boca Raton, FL

Date

03-14-2022

Price Ratio

114%

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

St Paul Lutheran School

PK to 8

Middle School

Addison Mizner School

KG to 8

Ratings

A+

Boca Raton Community Middle School

6 to 8

Ratings

B

High School

Boca Raton 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

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 6% 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 (22,496)
10,445 Male
12,051 Female
Education
16% High School
11% Associate
35% Bachelor
18% Graduate
Age

Average Age is 45 Years

Household Details

The area's household landscape is diverse, with 75% owner-occupied homes and 25% renter-occupied properties. Family households represent 65% of the population, indicating a strong community focus on family living. The average home value stands at $1,006,975, which suggests ample demand for multi-bedroom properties.

Total Households
8,946
Average home value
$1,006,975
Owned
75%
Rented
25%
Vacant
6%
Families
65%
Married
51%
With children
32%

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 71% 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 47% of households earning over $100,000 annually, while 22% 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
10%
Professional
15%
Education
8%
Services
23%
Labor
16%
Retail
17%
Other
8%