33486, Boca Raton, FL

The 33486 zip code of Boca Raton, FL has a median home value of $239,900 and a median home equity value of $136,000. This is significantly higher than the Florida statewide median home value of $181,600 and the national median home equity value of $142,200. The average household income in the 33486 zip code is $101,000 which is significantly lower than both the statewide median household income of $127,500 and the national median household income of $53,800.

There are a number of factors that may contribute to the high home values in the 33486 zip code including:

-The presence of affluent residents who are able to afford to purchase homes in this affluent area

-The availability of luxury homes for sale in this area

-The low rate of homeownership in this area (only 47%of households own their homes) which may lead to increased demand for homes

-The strong economy which has led to an increase in job opportunities and wages throughout Boca Raton