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Retirement community in Boca Raton, Florida

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Boca Raton, Florida Retirement Guide

tax-friendly for retireesestablished retirement community
52

Retirement Score

Boca Raton, Florida at a Glance

Median Home Price
$779,700
State Income Tax
No state income tax; Social Security and pension income fully exempt.
Avg January Low
61.3°F
Cost of Living Index
102.3 (US avg = 100)
Best For
tax-friendly for retirees, established retirement community
RetireCityIQ Score
52 / 100

Retirement Data

Affordability

Cost of Living Index
102.3 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$779,700High confidence
U.S. Census ACS 1-Year · Updated June 2026
Median Monthly Rent
$2,232High confidence
U.S. Census ACS 1-Year · Updated June 2026

Taxes

Retirement Tax Score
100 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
No state income tax; Social Security and pension income fully exempt.High confidence
Tax Foundation · Updated June 2026

Retiree Readiness (Sprint 2)

Care Access Score (proxy)
24 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
50.3 / 100High confidence
RetireCityIQ proxy model · Updated June 2026

Healthcare

Healthcare Access Score
24 / 100High confidence

Climate

Avg July High
88°FHigh confidence
Avg January Low
61.3°FHigh confidence
Annual Precipitation
79.5"High confidence
Sunny Days / Year
342 daysHigh confidence

Safety

Safety Score
98 / 100High confidence
FBI Crime Data Explorer · Updated June 2026

Walkability

Walk Score (proxy)
24.3 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
1.4 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026

Demographics

Population
97,980High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
47.1High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
25.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$95,570High confidence
U.S. Census ACS 5-Year · Updated June 2026

Community Profile

Owner-Occupied Housing
65.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
4.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
59.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
9.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026

Diversity

White
78.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
6.2%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
14.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
3.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026

10-Year Housing Stress Test (Estimate)

Estimate monthly homeowner carrying cost in Boca Raton using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.

Estimated monthly carrying cost

$1,689

Stress-case monthly carrying cost

$1,897

Median home price used: $779,700

Median rent reference: $2,232 / month

Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.

Local Professionals

Financial Advisors

FINANCIAL TRUST ASSET MANAGEMENT CHARTERED

Financial Advisor

NOESIS CAPITAL MANAGEMENT CORP

Financial Advisor

III CAPITAL MANAGEMENT

Financial Advisor

+14 more financial advisors available

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