The city of Boca Raton in Florida (33431) is a great place to live! It is conveniently located close to the beach, plenty of shopping, and many wonderful restaurants. The average 2 bedroom rent in the area is $2,330 per month which is more expensive than the US average of $1,430. For those looking for groceries, there are several local companies such as Publix, Walmart and Whole Foods that offer great prices with the grocery cost index for the area at 110 compared to 100 in the US.
Boca Raton (zip 33431) has an unemployment rate of 3.9%. The US average is 6.0%.
Boca Raton (zip 33431) 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 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Boca Raton (zip 33431)
- The Sales Tax Rate for Boca Raton (zip 33431) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boca Raton (zip 33431) 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 Boca Raton (zip 33431)
- The average income of a Boca Raton (zip 33431) resident is $41,522 a year. The US average is $28,555 a year.
- The Median household income of a Boca Raton (zip 33431) resident is $93,636 a year. The US average is $69,021 a year.