Zip 33498 (Boca Raton, FL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The city of Boca Raton, Florida (33428) is a great place to live. The two bedroom rent in this area is $2,810 which is nearly double the US average of $1,430. This city also has a high grocery cost index at 110 compared to 100 across the US. There are many great local companies that make up the economy in Boca Raton such as Office Depot and ADT Security Services. Tourists love to visit area attractions like Gumbo Limbo Nature Center and FAU Stadium. With its vibrant economy and abundance of entertainment, it's no wonder why people choose to live in Boca Raton.

Boca Raton (zip 33498) has an unemployment rate of 4.7%. The US average is 6.0%.

Boca Raton (zip 33498) 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 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Boca Raton (zip 33498)
- The Sales Tax Rate for Boca Raton (zip 33498) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boca Raton (zip 33498) 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 33498)
- The average income of a Boca Raton (zip 33498) resident is $48,179 a year. The US average is $28,555 a year.
- The Median household income of a Boca Raton (zip 33498) resident is $110,440 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoca Raton, FloridaUnited States
  4.76
  -6.6%-6.2%
  39.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $52,603$37,638
  $110,440$69,021
  $116,607$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  8.1%6.8%
  4.9%10.0%
  4.1%2.5%
  19.6%11.0%
  3.3%4.8%
  1.3%0.8%
  1.6%1.9%
  5.1%4.7%
  5.2%1.9%
  10.2%7.6%
  0.0%0.1%
  5.6%4.2%
  8.4%9.3%
  9.7%14.0%
  2.0%2.1%
  3.9%7.0%
  5.0%4.8%
  1.3%4.7%
Health