Cost of Living in Boca Raton, FL
Population: 98,833 • 2026 Data
$102,722
Median Household Income
+33% vs national
$2,334
Median Monthly Rent
+73% vs national
$660,100
Median Home Value
+95% vs national
5.9%
Unemployment Rate
Housing in Boca Raton
The median home value in Boca Raton, FL is $660,100. Monthly rent for a typical unit averages $2,334, while total monthly housing costs (including utilities and insurance) average $2,230.
Rent-to-income ratio: 27.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Boca Raton, FL is $102,722. The unemployment rate stands at 5.9%, with a labor force of 48,854 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.