These Are The 10 Richest Cities In Florida For 2018


We analyzed over 455 places in Florida to determine where the 1% live.

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Palm Beach, Belle Isle, Pinecrest: These cities aren’t just some of the best places to live in Florida. They are also home to some of the richest people in the Sunshine State.

Palm Beach in particular houses the richest residents in the state thanks, in part, to a median household income of $115,050 and a ridiculously low poverty rate of 5.4%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Florida share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 217 places in Florida with more than 5,000 people.

At the end of the day, here’s the set of the 10 richest places in Florida for 2018:

  1. Palm Beach (Photos | Homes For Sale)
  2. Belle Isle (Photos | Homes For Sale)
  3. Pinecrest (Photos | Homes For Sale)
  4. Coral Gables (Photos | Homes For Sale)
  5. Key Biscayne (Photos | Homes For Sale)
  6. Surfside (Photos | Homes For Sale)
  7. Gulf Breeze (Photos | Homes For Sale)
  8. Parkland (Photos | Homes For Sale)
  9. Longboat Key (Photos | Homes For Sale)
  10. Palm Beach Gardens (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Florida.

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

How We Determined The Richest Places In Florida For 2018

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 2012-2016 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 217 places with more than 5,000 people in Florida, we ranked each place from 1 to 217 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 Place In Florida For 2018”.

You can learn more about the top ten below or skip to the end to see the rankings for all 217 places.

Palm Beach, FL

Overall SnackAbility

10
/10

Population: 8,501.0
Median Income: $115,050.0
Unemployment Rate: 2.3%
Poverty Rate: 5.4%
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.

Belle Isle, FL

Overall SnackAbility

9
/10

Population: 6,542.0
Median Income: $75,135.0
Unemployment Rate: 3.5%
Poverty Rate: 2.7%
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

7.5
/10

Population: 19,272.0
Median Income: $130,900.0
Unemployment Rate: 4.7%
Poverty Rate: 5.4%
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.

Coral Gables, FL

Overall SnackAbility

9
/10

Population: 50,533.0
Median Income: $91,452.0
Unemployment Rate: 3.9%
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.

Key Biscayne, FL

Source: Public domain
Overall SnackAbility

10
/10

Population: 12,935.0
Median Income: $124,504.0
Unemployment Rate: 4.7%
Poverty Rate: 7.0%
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.

Surfside, FL

Overall SnackAbility

9
/10

Population: 5,810.0
Median Income: $72,266.0
Unemployment Rate: 3.7%
Poverty Rate: 6.7%
More on Surfside: Real Estate | Data | Photos

Gulf Breeze, FL

Overall SnackAbility

9
/10

Population: 6,205.0
Median Income: $98,308.0
Unemployment Rate: 5.3%
Poverty Rate: 6.4%
More on Gulf Breeze: Real Estate | Data | Photos

Parkland, FL

Overall SnackAbility

7.5
/10

Population: 28,354.0
Median Income: $128,292.0
Unemployment Rate: 5.8%
Poverty Rate: 3.5%
More on Parkland: Real Estate | Data | Photos

Longboat Key, FL

Overall SnackAbility

10
/10

Population: 7,158.0
Median Income: $87,201.0
Unemployment Rate: 5.3%
Poverty Rate: 5.6%
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.

Palm Beach Gardens, FL

Overall SnackAbility

8.5
/10

Population: 51,865.0
Median Income: $72,805.0
Unemployment Rate: 5.0%
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.

There You Have It – The Wealthiest Places In Florida For 2018

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: Florida City
2nd Poorest: Marianna
3rd Poorest: Avon Park

For more Florida reading, check out:

Detailed List Of The Richest Cities In Florida

Rank City RichScore Median Income
1 Palm Beach 3.83 $115,050
2 Belle Isle 8.33 $75,135
3 Pinecrest 10.33 $130,900
4 Coral Gables 14.33 $91,452
5 Key Biscayne 15.33 $124,504
6 Surfside 16.0 $72,266
7 Gulf Breeze 19.5 $98,308
8 Parkland 19.83 $128,292
9 Longboat Key 19.83 $87,201
10 Palm Beach Gardens 22.5 $72,805
11 Destin 22.5 $68,078
12 Lake Mary 22.83 $90,930
13 St. Augustine Beach 23.0 $77,517
14 Marco Island 23.0 $73,559
15 Miami Shores 24.33 $101,047
16 Jupiter 24.5 $76,687
17 Cooper City 25.83 $92,388
18 Naples 26.67 $84,830
19 Lighthouse Point 27.0 $77,105
20 North Palm Beach 27.33 $61,217
21 Jacksonville Beach 27.67 $64,580
22 Satellite Beach 27.67 $63,170
23 Royal Palm Beach 27.83 $68,091
24 Oviedo 28.33 $82,402
25 Miami Lakes 29.0 $72,225
26 Atlantic Beach 33.33 $70,921
27 Palmetto Bay 36.0 $105,316
28 Wellington 36.0 $83,270
29 Minneola 36.83 $56,787
30 Neptune Beach 38.5 $74,286
31 Tequesta 38.83 $54,730
32 Fort Myers Beach 39.83 $59,416
33 Maitland 40.33 $64,144
34 Sanibel 41.83 $102,956
35 Panama City Beach 43.33 $53,251
36 Weston 44.5 $93,883
37 Newberry 46.33 $62,325
38 Cutler Bay 47.67 $66,929
39 Plantation 48.17 $67,510
40 Boca Raton 48.17 $72,970
41 Niceville 49.83 $60,497
42 Winter Garden 50.33 $60,626
43 Winter Park 51.17 $62,699
44 Treasure Island 51.67 $62,660
45 Doral 51.83 $74,174
46 Southwest Ranches 52.67 $90,558
47 Venice 52.83 $52,471
48 St. Pete Beach 53.17 $65,960
49 Safety Harbor 54.83 $61,603
50 North Bay Village 55.0 $55,270
51 Pembroke Pines 57.83 $62,702
52 Lynn Haven 58.0 $59,948
53 Cocoa Beach 58.67 $52,473
54 Miami Springs 60.17 $54,750
55 Key West 60.33 $58,494
56 Aventura 61.67 $55,891
57 Wilton Manors 61.83 $53,642
58 Ocoee 62.17 $61,766
59 Seminole 62.17 $48,364
60 Sunny Isles Beach 63.0 $52,060
61 Winter Springs 65.0 $62,372
62 Miramar 68.33 $64,632
63 Groveland 70.83 $54,267
64 Coral Springs 72.33 $67,702
65 Macclenny 72.33 $53,491
66 Mount Dora 72.83 $49,910
67 West Melbourne 73.17 $59,089
68 Davie 73.67 $61,704
69 West Miami 74.17 $43,233
70 Bay Harbor Islands 74.5 $61,225
71 Oldsmar 76.17 $54,506
72 Alachua 76.33 $55,139
73 New Smyrna Beach 77.5 $50,233
74 Dunedin 77.67 $45,646
75 Coconut Creek 78.33 $55,451
76 Clermont 78.5 $56,037
77 Temple Terrace 79.5 $55,770
78 Marathon 81.33 $51,286
79 Port Orange 81.5 $46,364
80 Bonita Springs 82.0 $58,415
81 Apopka 83.0 $60,273
82 Edgewater 83.33 $46,027
83 Orange Park 84.67 $49,869
84 Kenneth City 84.83 $41,486
85 Ormond Beach 85.33 $48,978
86 North Port 86.17 $53,815
87 Lauderdale-By-The-Sea 86.33 $52,540
88 Mascotte 87.5 $43,472
89 Miami Beach 87.83 $47,216
90 Debary 88.33 $48,909
91 Rockledge 89.67 $57,054
92 Altamonte Springs 89.67 $49,947
93 Tamarac 92.17 $44,399
94 Longwood 95.83 $57,121
95 Punta Gorda 97.17 $56,119
96 Palm Coast 97.17 $49,207
97 Fernandina Beach 99.67 $53,622
98 High Springs 100.33 $47,401
99 Valparaiso 101.5 $51,563
100 Hialeah Gardens 101.5 $43,576

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