Boynton Beach, FL Economy


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Boynton Beach, FL is a vibrant city located in the heart of Palm Beach County. It is known for its stunning beaches, great restaurants, shopping and local attractions. Rent for a two bedroom home in Boynton Beach averages $2,010 monthly while the US average for similar homes is $1,430. The cost of living in Boynton Beach is slightly higher than other cities due to higher grocery costs. Grocery Cost Index in Boynton Beach is 104 versus 100 in the US. There are many well-known companies and popular attractions that make Boynton Beach an attractive place to live or visit. Some of these include AT&T, Publix Supermarkets, Harbourside Place Shopping Center and Lion Country Safari. Whether you're looking for work or leisure activities there's something for everyone in Boynton Beach!

Boynton Beach has an unemployment rate of 5.4%. The US average is 6.0%.

Boynton Beach has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Boynton Beach
- The Sales Tax Rate for Boynton Beach is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boynton Beach is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boynton Beach
- The average income of a Boynton Beach resident is $26,557 a year. The US average is $28,555 a year.
- The Median household income of a Boynton Beach resident is $60,980 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoynton Beach, FloridaUnited States
  5.46
  -6.6%-6.2%
  40.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $33,054$37,638
  $60,980$69,021
  $71,879$85,028
  Population by Occupation
  0.7%1.2%
  0.1%0.5%
  5.3%6.8%
  3.2%10.0%
  4.0%2.5%
  12.7%11.0%
  4.6%4.8%
  0.7%0.8%
  1.7%1.9%
  4.2%4.7%
  2.5%1.9%
  6.8%7.6%
  0.2%0.1%
  6.8%4.2%
  7.6%9.3%
  16.9%14.0%
  5.0%2.1%
  8.2%7.0%
  5.3%4.8%
  3.6%4.7%
Reviews for Boynton Beach
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Over 3 years ago

In Boynton Beach since three years. Loud and dirty, road are unsafe for bicyclists!  More

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I live in Boynton and every year it gets worse down here... The heat has been unbearable for months and the city is overcrowded! A simple errand can take much longer  More

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Over 9 years ago

The climate is not bad. Mild winters but hot and humid summers. Hurricanes, but no snow and ice storms. Cost of living is a little too high, as is population density.  More

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