Boca Raton, FL · standard
ZIP Code 33431
Palm Beach County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 18,290
- 797/sq mi High-density area
- $107,896
- Median income Above-median income area
- $640,700
- Median home value Above-median home value
- 61.2%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Boca Raton pairs an upper-quartile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 14%
- household income, US ZIPs
- Top 8%
- home value, US ZIPs
- 797
- people per sq mi
- 66%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 33431 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 33431 (Boca Raton, FL) rose +6.3% from 2023 to 2024. The all-transactions index moved from 386.1 in 2023 to 410.5 in 2024 (2000 = 100).
ZIP code 33431 is a mid-sized community (a standard USPS delivery area) in Boca Raton, Palm Beach County, Florida, home to 18,290 residents across 22.9 square miles, a density of 797 people per square mile, in the New York time zone.
ZIP 33431 lands in the middle-income range, with a median household income of $107,896 (40% above the average Florida ZIP), while per-capita income is $48,168. The poverty rate is 12.6%, with unemployment at 7.1%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $640,700 (71% above the average Florida ZIP), while 65.5% of occupied homes are owner-occupied and median rent is $2,712.
This is a highly-educated ZIP: 61.2% of adults hold a bachelor's degree or higher, the median age is 29.7, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Palm Beach County, so 33431 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 33431
Top 5 sectors by establishment count in Boca Raton, FL
Which industries have the most business establishments in ZIP 33431.
- Professional, scientific, and technical services
Professional, scientific, and technical services
712 establishments
- Retail trade
Retail trade
331 establishments
- Health care and social assistance
Health care and social assistance
325 establishments
- Finance and insurance
Finance and insurance
311 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
295 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 33431, Boca Raton, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
18,290
Population
22.9
Area (sq mi)
797
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 33431?
29.7
Median Age
42.5%
Male
57.5%
Female
15.8%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$107,896
Median Household Income
+40% vs state ZIP avg
$48,168
Per Capita Income
12.6%
Poverty Rate
7.1%
Unemployment Rate
21.0 min
Mean Commute Time
How ZIP 33431 ranks among Florida ZIPs
Boca Raton, FL household income vs. every Florida ZIP code
Median household income among 946 reporting Florida ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$107,896 Top 12% higher than 88% of 946 Florida ZIPs
Each bar is a $20K-wide band; taller bars hold more Florida ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
9,181housing units
9,181
Total Housing Units
7,814
Occupied Units
1,367
Vacant Units
2.46
Avg Household Size
Occupancy Type
$640,700
Median Home Value
+71% vs state ZIP avg
$2,712
Median Rent
1981
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+6.3%
YoY Change (2024)
411
HPI Index (2000 = 100)
+311%
Total Change Since 2000
Home values in ZIP 33431 have increased 6.3% over the past year (2024). Since 2000, this ZIP has seen +311% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.8% | 259 |
| 2021 | +12.8% | 292 |
| 2022 | +24.1% | 363 |
| 2023 | +6.4% | 386 |
| 2024 | +6.3% | 411 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 3,031 business establishments in ZIP 33431, employing approximately 40,534 people with a combined annual payroll of $3,600,463,000.
3,031
Businesses
40,534
Employees
$3.6B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 712 | 23.5% |
| Retail trade | 331 | 10.9% |
| Health care and social assistance | 325 | 10.7% |
| Finance and insurance | 311 | 10.3% |
| Real estate and rental and leasing | 295 | 9.7% |
| Other services (except public administration) | 188 | 6.2% |
| Accommodation and food services | 177 | 5.8% |
| Administrative and support and waste management and remediation services | 154 | 5.1% |
| Wholesale trade | 148 | 4.9% |
| Construction | 116 | 3.8% |
| Information | 71 | 2.3% |
| Transportation and warehousing | 48 | 1.6% |
| Manufacturing | 44 | 1.4% |
| Educational services | 43 | 1.4% |
| Arts, entertainment, and recreation | 36 | 1.2% |
| Management of companies and enterprises | 25 | 0.8% |
| Agriculture, forestry, fishing and hunting | 4 | 0.1% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 33431 vs 33487 →
ZIP 33431 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 33433
Boca Raton (33433)
41,722 residents
- 33445
Delray Beach (33445)
29,754 residents
- 33441
Deerfield Beach (33441)
26,838 residents
- 33484
Delray Beach (33484)
23,443 residents
- 33486
Boca Raton (33486)
21,720 residents
- 33496
Boca Raton (33496)
20,969 residents
- 33444
Delray Beach (33444)
20,221 residents
- 33434
Boca Raton (33434)
19,260 residents
- 33432
Boca Raton (33432)
18,715 residents
What this shows Among its immediate neighbors, ZIP 33431 ranks #0 by population - useful context the national average alone can't give.
ZIP 33431 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 33496
Boca Raton (33496)
$114,885 median income
- 33431
Boca Raton (33431)
$107,896 median income
- 33432
Boca Raton (33432)
$107,045 median income
- 33486
Boca Raton (33486)
$105,540 median income
- 33487
Boca Raton (33487)
$96,066 median income
- 33433
Boca Raton (33433)
$84,091 median income
- 33445
Delray Beach (33445)
$78,163 median income
- 33434
Boca Raton (33434)
$77,269 median income
- 33444
Delray Beach (33444)
$72,925 median income
What this shows By household income, ZIP 33431 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 33487 | Boca Raton, FL | 16,421 | 2.1 mi |
| 33486 | Boca Raton, FL | 21,720 | 2.4 mi |
| 33432 | Boca Raton, FL | 18,715 | 2.7 mi |
| 33434 | Boca Raton, FL | 19,260 | 4.0 mi |
| 33441 | Deerfield Beach, FL | 26,838 | 4.8 mi |
| 33445 | Delray Beach, FL | 29,754 | 5.1 mi |
| 33496 | Boca Raton, FL | 20,969 | 4.0 mi |
| 33433 | Boca Raton, FL | 41,722 | 4.2 mi |
| 33444 | Delray Beach, FL | 20,221 | 5.5 mi |
| 33484 | Delray Beach, FL | 23,443 | 5.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 33431, both outside FL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (18,290 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Palm Beach County
Related Areas
Frequently Asked Questions
What county is ZIP code 33431 in?
ZIP code 33431 (Boca Raton) is located in Palm Beach County, Florida. Palm Beach County contains multiple ZIP codes, see the full list at /counties/palm-beach-fl.
What is the population of ZIP code 33431?
ZIP code 33431 in Boca Raton, FL has a population of 18,290 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 33431?
The median household income in ZIP 33431 is $107,896, which is 41% above the national average of $76,288.
What is the average home value in ZIP 33431?
The median home value in ZIP 33431 is $640,700, which is 130% above the national average of $278,155.
What is the demographic makeup of ZIP 33431?
The largest racial group in ZIP 33431 is White at 66.1%. Hispanic or Latino residents make up 14.9% of the population.
How many businesses are in ZIP code 33431?
ZIP code 33431 has 3,031 business establishments employing approximately 40,534 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 33431?
The top industries by establishment count in ZIP 33431 are: Professional, scientific, and technical services (712), Retail trade (331), Health care and social assistance (325). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 33431?
According to the FHFA House Price Index, home values in ZIP 33431 increased by 6.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 311%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 33431?
In ZIP code 33431, 73.8% of residents aged 25+ have a high school diploma or higher, and 61.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 33431?
The mean commute time for workers in ZIP code 33431 is 21.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 33431?
In ZIP code 33431, approximately 65.5% of occupied housing units are owner-occupied and 34.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 33431?
The poverty rate in ZIP code 33431 is 12.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 33431's numbers, next.
- See how ZIP 33431 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Boca Raton, FL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.