Salary & Cost of Living in Boca Raton, FL
Boca Raton, FL: $61,410 median salary, cost of living index 125.8, $13.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$61,410
$30/hr
Cost of Living
125.8
US avg = 100
Minimum Wage
$13.00
per hour
Unemployment
3.1%
rate
Boca Raton, FL Overview
Population
97,422
Median Salary
$61,410
Average Salary
$68,779
Avg Commute
21 min
Median Home Price
$520,000
Median Rent
$2,129/mo
Job Growth
+1.4%
Sales Tax
6%
Boca Raton is located in Florida with a population of 97,422. The median household salary is $61,410 per year ($30/hour), which is $2,026 above the national median of $59,384. The average commute time is 21 minutes, and the city has a job growth rate of +1.4%.
Boca Raton Salary by Experience Level (2026)
Wage distribution in Boca Raton, FL based on BLS percentile breakdown of the $61,410 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $38,074 | $18.30/hr | 0–2 years |
| Mid-Level (Median) | $61,410 | $29.52/hr | 3–7 years |
| Senior-Level | $87,202 | $41.92/hr | 8–15 years |
| Top 10% (90th Percentile) | $109,310 | $52.55/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Boca Raton Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Boca Raton, FL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$51,381
$4,281.79/month · $1,976.21/biweekly · Effective Rate: 16.3%
Gross Pay
$61,410
Federal Tax
-$5,331
State Tax
$0
Local Tax
$0
FICA
-$4,698
Net Pay
$51,381
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,117.50 | $61,410.00 |
| Federal Income Tax | -$444.22 | -$5,330.70 |
| Florida State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$317.29 | -$3,807.42 |
| Medicare (1.45%) | -$74.20 | -$890.45 |
| Net Take-Home Pay | $4,281.79 | $51,381.44 |
Salary Comparison: Boca Raton vs Other Cities
See how Boca Raton's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Boca Raton, FL | $61,410 | 125.8 | $48,816 |
| National Average | $59,384 | 100 | $59,384 |
| Gilroy, CA | $61,414 | 141.9 | $43,280 |
| Lee's Summit, MO | $61,418 | 95.5 | $64,312 |
| Manteca, CA | $61,397 | 118.5 | $51,812 |
| Danbury, CT | $61,387 | 115.2 | $53,287 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Boca Raton
Boca Raton's cost of living index is 125.8 (national average = 100). Living in Boca Raton is 25.799999999999997% more expensive than the national average.
Median Home Price
$520,000
Median Monthly Rent
$2,129
Annual Rent Cost
$25,548
Your Salary's Purchasing Power
Your $51,381 annual take-home pay in Boca Raton has the purchasing power of approximately $40,844 in an average-cost US area. You would need to earn $77,254 in Boca Raton to match a $61,410 salary in an average-cost city.
Top Industries in Boca Raton
Boca Raton's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $61,410.
Salary Tips for Boca Raton Workers
- Negotiate for cost of living. Boca Raton has a cost of living 25.799999999999997% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- No state income tax advantage. Florida has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Boca Raton's top industries include Tourism, Agriculture, Aerospace. Targeting roles in these sectors can help you earn above the $61,410 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Boca Raton, FL?
The median salary in Boca Raton, FL is $61,410 per year, or $30 per hour. The average salary is $68,779. This is $2,026 above the national median of $59,384.
What is the cost of living in Boca Raton, FL?
Boca Raton's cost of living index is 125.8 (national average = 100), meaning it is 25.799999999999997% more expensive compared to the national average. The median home price is $520,000 and the median monthly rent is $2,129.
What are the best industries in Boca Raton?
The top industries in Boca Raton, FL include Tourism, Agriculture, Aerospace. The city has a job growth rate of 1.4% and an unemployment rate of 3.1%. Workers in these industries often earn above the city's median salary of $61,410.
How does Boca Raton's salary compare to other cities?
Boca Raton's median salary of $61,410 is 3.4% above the national median of $59,384. However, when adjusted for cost of living (index: 125.8), the real purchasing power is approximately $48,816.
What is the minimum wage in Boca Raton, FL?
The minimum wage in Boca Raton, FL is $13.00 per hour. This equals approximately $27,040 per year for a full-time worker (40 hours/week). This is $5.75 above the federal minimum wage of $7.25/hour.