Interested in purchasing investment houses in the 33487 zip code in Boca Raton, FL?
The zip code 33487 is in Palm Beach county with a latitude of -80.091480000000 and longitude of 26.410080000000, is in the state of Florida. The average asking price of houses and condos is $889,365.00 and the average sale price was $474,420.00. this regions is classified as the West Palm Beach metro area and is in the 561 area code. The location in degrees is 26° 24' 36.288" N, 80° 5' 29.328" W. The county F.I.P.S. is 12099. This zip code contains two cities including Boca Raton, FL (63.55%), and Highland Beach, FL (17.27%) The total land area is 6.5 square miles and the water area is 0.8 square miles. The elevation in this area is 7 - 13 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 33487 is in county number 099 and is L. Sector 11, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 20,902 in 2019 and 16,421 in 2010. This further breaks down to 10,242 males (49.0%) and 10,659 females (51.0%). The median age of residents is 53.5 years. The population of the greater Miami-Fort Lauderdale-Miami Beach, FL area is 5,513,060. The population density (people per square mile) is 3,194. This zip code has a combined total of 12,869 houses and condos. There are 2,061 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $166,568 and the average salary is $88,199. The median household income of individuals is $76,007.00 and the average is $191,890.00. This zip code has a mean commute time to work of 23.2 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 32.50% (Under $50,000), 29.10% ($50,000-$100,000), and 38.30% earn over $100,000. 7.1% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 103.3. The educational breakdown is 98.0% have a high school education or higher, 55.7% have a bachelor's degree or higher, and 22.0% have some kind of profesional degree.
This area has 8,104 households and the average size is 2.2 people. Individuals who are single and have never been married are 24.4%, 51.7% are now married, 1.4% are separated, 8.6% are widowed, and 13.9% are divorced. The average yearly contribution amount given by people to charity was $9,237 versus the state average of $5,698. The percent of residents who gave to charity was 39.3%.
The estimated median value of houses and condos is $449,376. The median monthly owner costs of mortgage holders was $2,320, where as the costs for those who don't have a mortgage are $882. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $4,113. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,035. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $4,418. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $3,909. Reported taxable interest for persons was $9,375, dividends $37,460, capital gains +$90,357, and itemized deductions $41,868. The average earned income tax credit is $1,847. The percent of individuals that use a tax preparer is 68.6%. The total average income taxes paid by individuals was $14,761. Businesses reported an average profit of $19,040.
The Capital Grille
6000 Glades Rd, Boca Raton, FL 33431 (2.2 miles away)
Masa Hibachi
4801 Linton Blvd, Delray Beach, FL 33445 (3.2 miles away)
Salt Seven
32 SE 2nd Ave, Delray Beach, FL 33444 (3.2 miles away)
Phyllis G's Enigma
2717 N Federal Hwy, Delray Beach, FL 33483 (3.4 miles away)
Furin Japanese Restaurant
5058 W Atlantic Ave, Delray Beach, FL 33484 (3.9 miles away)
Chops Lobster Bar
101 Plaza Real S, Boca Raton, FL 33432 (4.6 miles away)