The 10 Richest Cities In Florida For 2019


We analyzed 215 places in Florida to determine where the 1% live.

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Editor’s Note: Data has been updated for 2019. This is our fifth time ranking the richest cities in Florida.

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If you had all of the money in the world, where would you live? What would you do? Would you save up everything and live frugality or live a lavish lifestyle?

In 2017, the U.S. Census Bureau estimated that the average income of an American is $59,039. This middle-class income won’t get you a house in Los Altos Hills or a flat in Manhattan. But what if you made more than the middle class, what if you were in the infamous 1%?

When we think of rich housing, places like California, New York, or Chicago usually come to mind. But what about other states? What about if you lived someplace in the South, say, Florida?

The South is usually known for its affordability in living, but Florida is a major retirement destination for all those 1% families finishing off their careers. Who wouldn’t want to live in a fancy beach house and visit Disney whenever they wanted?

There are massive neighbors and even cities dedicated to elite retirement communities. There are beachfront houses valued in the millions. You can even add in a yacht or two if you wanted to spice things up along the coast.

So Florida is filled with a bunch of rich folks. Florida is also a pretty large state. Where do the 1% live in Florida?

Luckily for you, HomeSnacks has crunched the numbers for you to determine where the richest of the rich live in Florida.

We analyzed 215 places in Florida to determine where the 1% live in this state. We took several “richness” indicators into account, including home values, unemployment, and poverty level to calculate our richest city: Palm Beach.

It’s no surprise if you take a look at home values in Palm Beach that this city is loaded with America’s elite. If Palm Beach isn’t your favorite place to tan, you’ve got several other options, including Longboat Key.

If you look at the pictures of these rich cities, you will probably start trying to see how you can boost your own income to move there. Florida really has only one downside and that is hurricanes. But if you are that rich, even an intense weather event won’t blow away your money.

Interested to see how your favorite Florida cities stacked up? Keep reading for a more detailed look at our top 10 and to learn more about our methodology.

Rich people not your cup of tea? Feel free to check out some more reading about Florida:

The 10 Richest Cities In Florida For 2019

Palm Beach, FL

Overall SnackAbility

10
/10

Population: 8,593
Rank Last Year: 1 (No Change)
Median Income: $110,961
Unemployment Rate: 1.7%
Poverty Rate: 5.9%
More on Palm Beach: Real Estate | Data | Photos

The Town of Palm Beach is an incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth. In 2000, Palm Beach had a year-round population of 10,468, with an estimated seasonal population of 30,000.

Longboat Key, FL

Overall SnackAbility

10
/10

Population: 7,179
Rank Last Year: 8 (Up 6)
Median Income: $102,348
Unemployment Rate: 3.4%
Poverty Rate: 4.3%
More on Longboat Key: Real Estate | Data | Photos

Longboat Key is a town in Manatee and Sarasota counties along the central west coast of the U.S. state of Florida, located on and coterminous with the barrier island of the same name. Longboat Key is south of Anna Maria Island, between Sarasota Bay and the Gulf of Mexico. It is almost equally divided between Manatee and Sarasota counties. The town of Longboat Key was incorporated in 1955 and is part of the Bradenton–Sarasota–Venice Metropolitan Statistical Area.

Belle Isle, FL

Overall SnackAbility

9
/10

Population: 6,686
Rank Last Year: 2 (Down 1)
Median Income: $84,145
Unemployment Rate: 3.2%
Poverty Rate: 4.8%
More on Belle Isle: Real Estate | Data | Photos

Belle Isle is a city in Orange County, Florida, United States. The population was 5,988 at the 2010 census. It is part of the Orlando–Kissimmee–Sanford Metropolitan Statistical Area.

Pinecrest, FL

Source: Public domain
Overall SnackAbility

7
/10

Population: 19,441
Rank Last Year: 3 (Down 1)
Median Income: $152,643
Unemployment Rate: 3.9%
Poverty Rate: 5.8%
More on Pinecrest: Real Estate | Data | Photos

Pinecrest is an affluent suburban village in Miami-Dade County, Florida, United States of America. The population was 18,223 as of the census of 2010. Pinecrest is governed by a five-member Village Council and operates under the Council-Manager form of government. 33156, the zip code that encompasses all of the village, has been consistently ranked as one of the most expensive in the United States.

Parkland, FL

Overall SnackAbility

7.5
/10

Population: 28,901
Rank Last Year: 8 (Up 3)
Median Income: $131,525
Unemployment Rate: 4.5%
Poverty Rate: 3.4%
More on Parkland: Real Estate | Data | Photos

Lighthouse Point, FL

Overall SnackAbility

9.5
/10

Population: 11,042
Rank Last Year: 19 (Up 13)
Median Income: $80,604
Unemployment Rate: 3.8%
Poverty Rate: 5.4%
More on Lighthouse Point: Real Estate | Data | Photos

Coral Gables, FL

Overall SnackAbility

9
/10

Population: 50,909
Rank Last Year: 4 (Down 2)
Median Income: $96,887
Unemployment Rate: 3.4%
Poverty Rate: 7.5%
More on Coral Gables: Real Estate | Data | Photos

Coral Gables (/krl eblz/), officially the City of Coral Gables, is a city in Miami-Dade County, Florida, United States, located southwest of Downtown Miami. The United States Census Bureau estimates conducted in 2013 yielded the city had a population of 49,631. Coral Gables is home to the University of Miami.

Review Of Coral Gables by HomeSnacks User

Coral Gables is a world-class neighborhood. The school system is one of the best in the nation and crime is almost non-existent. Aside from high real estate prices, definitely the place to be.

Miracle mile is definitely the highlight of Coral Gables. A fun place to walk around, shop and dine to your heart’s content.

Key Biscayne, FL

Source: Public domain
Overall SnackAbility

10
/10

Population: 13,074
Rank Last Year: 5 (Down 3)
Median Income: $128,563
Unemployment Rate: 4.3%
Poverty Rate: 6.5%
More on Key Biscayne: Real Estate | Data | Photos

Key Biscayne is an island town in Miami-Dade County, Florida, United States. The population was 12,344 at the 2010 census.

Palm Beach Gardens, FL

Overall SnackAbility

8.5
/10

Population: 53,119
Rank Last Year: 10 (Up 1)
Median Income: $77,864
Unemployment Rate: 3.6%
Poverty Rate: 6.2%
More on Palm Beach Gardens: Real Estate | Data | Photos

Palm Beach Gardens is a city in Palm Beach County in the U.S. state of Florida. As of the 2010 United States Census[update], the population was 48,452. The city has a number of gated communities.

Gulf Breeze, FL

Overall SnackAbility

9
/10

Population: 6,251
Rank Last Year: 7 (Down 3)
Median Income: $100,880
Unemployment Rate: 4.6%
Poverty Rate: 5.1%
More on Gulf Breeze: Real Estate | Data | Photos

How We Determined The Richest Places In Florida For 2019

Map Of The Richest Places To Live In Florida
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2013-2017 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 215 places with more than 5,000 people in Florida, we ranked each place from 1 to 215 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Palm Beach, crowned the “Richest City In Florida For 2019”.

You can learn more about the top ten below or skip to the end to see the rankings for all 215 places.

There You Have It – The Wealthiest Places In Florida For 2019

Like we said earlier, when we set out to identify the richest places in Florida, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Florida.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Florida, according to data:

Poorest: Palatka
2nd Poorest: Marianna
3rd Poorest: Belle Glade

For more Florida reading, check out:

How Is The Area In ?

Detailed List Of The Richest Cities In Florida

Rank City RichScore Median Income
1 Palm Beach 6.67 $110,961
2 Longboat Key 9.17 $102,348
3 Belle Isle 12.33 $84,145
4 Pinecrest 13.0 $152,643
5 Parkland 14.67 $131,525
6 Lighthouse Point 18.0 $80,604
7 Coral Gables 18.0 $96,887
8 Key Biscayne 19.0 $128,563
9 Palm Beach Gardens 19.67 $77,864
10 Gulf Breeze 20.33 $100,880
11 Surfside 22.5 $73,241
12 Royal Palm Beach 22.5 $73,296
13 Cooper City 22.67 $98,029
14 Jacksonville Beach 23.67 $70,500
15 Miami Shores 27.33 $117,188
16 Atlantic Beach 27.67 $72,946
17 North Palm Beach 29.67 $59,905
18 Panama City Beach 29.83 $58,619
19 Jupiter 29.83 $79,731
20 Marco Island 30.0 $72,905
21 Oviedo 31.17 $84,916
22 Naples 31.5 $90,507
23 Sanibel 31.67 $104,115
24 Tequesta 32.33 $56,644
25 Winter Park 35.0 $68,078
26 Lake Mary 35.17 $92,148
27 Satellite Beach 36.33 $66,261
28 Miami Lakes 36.67 $72,545
29 Safety Harbor 37.67 $65,047
30 St. Augustine Beach 38.17 $78,603
31 Boca Raton 40.17 $76,218
32 Destin 41.83 $71,407
33 Minneola 43.67 $59,156
34 Newberry 46.17 $65,486
35 Wellington 46.67 $85,172
36 Miami Springs 47.33 $58,605
37 Venice 48.33 $55,568
38 Niceville 49.0 $66,505
39 Fort Myers Beach 49.17 $61,890
40 Winter Garden 51.83 $66,349
41 Weston 52.83 $96,173
42 Wilton Manors 52.83 $57,368
43 Plantation 53.17 $69,531
44 Cutler Bay 53.33 $70,473
45 Winter Springs 53.5 $65,908
46 Maitland 53.67 $66,502
47 Key West 54.17 $62,052
48 Southwest Ranches 56.33 $92,228
49 Palmetto Bay 56.33 $107,612
50 Doral 57.0 $76,184
51 Pembroke Pines 57.5 $65,805
52 Aventura 58.17 $57,388
53 Lynn Haven 58.67 $60,913
54 Treasure Island 59.5 $64,833
55 St. Pete Beach 59.67 $70,361
56 Groveland 60.17 $58,273
57 Ocoee 62.33 $66,035
58 New Smyrna Beach 62.83 $52,953
59 Oldsmar 66.33 $58,000
60 Mount Dora 66.83 $53,002
61 Sunny Isles Beach 67.0 $52,355
62 Seminole 67.33 $50,277
63 North Bay Village 67.5 $55,308
64 Bonita Springs 68.83 $62,017
65 Kenneth City 71.33 $45,357
66 Neptune Beach 71.83 $79,333
67 Cocoa Beach 71.83 $54,183
68 Coral Springs 72.67 $70,768
69 Apopka 73.0 $59,869
70 North Port 73.33 $54,687
71 Ormond Beach 74.17 $51,152
72 Miramar 74.17 $66,560
73 Marathon 74.17 $54,196
74 Mascotte 75.5 $48,922
75 Davie 75.67 $64,170
76 Clermont 76.17 $57,804
77 Macclenny 76.83 $59,116
78 Rockledge 79.5 $61,686
79 Debary 79.83 $51,424
80 Coconut Creek 80.83 $56,556
81 Edgewater 82.33 $47,133
82 Temple Terrace 83.17 $58,634
83 Dunedin 83.33 $46,563
84 Starke 87.83 $43,974
85 Sebastian 88.0 $49,655
86 Alachua 88.0 $52,376
87 Altamonte Springs 89.83 $50,207
88 West Melbourne 90.0 $59,464
89 Fernandina Beach 91.0 $57,660
90 High Springs 91.33 $54,059
91 Hialeah Gardens 91.33 $47,282
92 Port Orange 92.0 $48,478
93 Miami Beach 92.0 $50,193
94 Bay Harbor Islands 92.83 $67,092
95 Port St. Lucie 93.83 $54,046
96 Tamarac 95.17 $45,474
97 West Miami 95.5 $46,233
98 Lake Park 97.17 $51,186
99 Palm Coast 97.67 $51,208
100 Orange Park 98.5 $52,957

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