The ZIP Code 33432 is associated with the city of Boca Raton in Florida in Palm Beach County in the U.S. Approximately 6% of the population is living below the poverty line. The median household income of this region is $77,250. The median age in 33432 is estimated to at 55.5 years, and about 38.2% of residents are aged 62 years and older. In this Florida region, approximately 94.2% have a high school degree or higher, and the per capita income is an estimated $81,867. The current population estimate is 20,487.
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Looking at race in the population that makes up ZIP Code 33432, 97.8% is one race, while 2.2% are two or more races. Approximately 14.5% of 33432 residents are hispanic or Latino (of any race). The most common race in 33432 (race alone or in combination with one or more other races), is White (89.2%), followed by Black or African American (5.6%) .
| Industry | Percent |
|---|---|
| White | 89.2% |
| Black or African American | 5.6% |
| American Indian and Alaska Native | 0.6% |
| Asian | 2.9% |
| Native Hawaiian and Other Pacific Islander | 0.4% |
| Some other race | 3.6% |
The median household income in ZIP Code 33432 is $77,250, while the region's mean household income is $153,998. Breaking income down further, per capita income in the region is $81,867. The per capita income in ZIP Code 33432 of $81,867 is approximately 158.92% more than the per capita income in Florida overall of $31,619. An estimated 5.7% of the population is living below the poverty line in this region. This rate is approximately 40% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.9% of the population in 33432 earn $200,000 or more per year, while an estimated 13.8% earn $100,000 to $149,999 per year, and 3.1% of 33432 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 7.2% |
| $10,000 to $14,999 per year | 3.1% |
| $15,000 to $24,999 per year | 8.4% |
| $25,000 to $34,999 per year | 6.8% |
| $35,000 to $49,999 per year | 10.9% |
| $50,000 to $74,999 per year | 12.4% |
| $75,000 to $99,999 per year | 10.4% |
| $100,000 to $149,999 per year | 13.8% |
| $150,000 to $199,999 per year | 6.9% |
| $200,000 or more per year | 19.9% |
In ZIP Code 33432, 94.2% of the population graduated high school, while 51.7% have a bachelor's degree or higher. In this region, 2.4% achieved an education level less than 9th grade, while 23.2% hold a graduate or professional degree. Approximately 16.6% in this Palm Beach County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.4% |
| 9th to 12th grade, no diploma | 3.4% |
| High school graduate (includes equivalency) | 16.6% |
| Some college, no degree | 18.7% |
| Associate's degree | 7.1% |
| Bachelor's degree | 28.5% |
| Graduate or professional degree | 23.2% |
Residents of ZIP Code 33432 are older than average. The median age of 55.5 years in ZIP Code 33432 is approximately 45.67% higher than the overall median age in the U.S. of 38.1 years. About 89.7% of residents are aged 18 years and older, and 38.2% of residents are 62 years and over. Approximately 17.4% of the population in 33432 falls in the age group 65 to 74 years, while an estimated 14.1% are aged 45 to 54 years. On the low end of the scale, 2.0% of 33432 residents are aged 5 to 9 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 2.7% |
| 5 to 9 years | 2.0% |
| 10 to 14 years | 3.1% |
| 15 to 19 years | 3.7% |
| 20 to 24 years | 6.6% |
| 25 to 34 years | 8.7% |
| 35 to 44 years | 8.3% |
| 45 to 54 years | 14.1% |
| 55 to 59 years | 9.1% |
| 60 to 64 years | 8.0% |
| 65 to 74 years | 17.4% |
| 75 to 84 years | 11.4% |
| 85 years and over | 5.0% |
In ZIP Code 33432, 77.3% of the population lists "English only" as the language spoken in home, while 10.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 10.6% of homes, and other Indo-European languages are spoken in 1.4% of homes. Lastly, 0.7% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Palm Beach County region.
| Language Spoken | Percent |
|---|---|
| English only | 77.3% |
| Spanish | 10.0% |
| Other Indo-European languages | 10.6% |
| Asian and Pacific Islander languages | 1.4% |
| Other languages | 0.7% |
The median home value in ZIP Code 33432 in April 2024 comes in at $1,687,053. The April 2024 value is approximately 2% higher than the $1,650,364 median value in November 2023, and 7% higher than the $1,576,305 median value in May 2023. Regarding the age of homes in ZIP Code 33432, an estimated 31.5% of homes were built between 1970 and 1979. Additionally, 20.0% of homes in the region were built between 1980 and 1989, while an estimated 1.0% of homes were built in 1939 or earlier in this Palm Beach County region.
| Month | Home value |
|---|---|
| Apr 2024 | $1,687,053 |
| Mar 2024 | $1,680,128 |
| Feb 2024 | $1,670,768 |
| Jan 2024 | $1,663,729 |
| Dec 2023 | $1,657,678 |
| Nov 2023 | $1,650,364 |
| Oct 2023 | $1,639,470 |
| Sep 2023 | $1,624,993 |
| Aug 2023 | $1,609,622 |
| Jul 2023 | $1,597,469 |
| Jun 2023 | $1,584,837 |
| May 2023 | $1,576,305 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 4.3% |
| Built between 2010 and 2013 | 2.3% |
| Built between 2000 and 2009 | 10.8% |
| Built between 1990 and 1999 | 8.9% |
| Built between 1980 and 1989 | 20.0% |
| Built between 1970 and 1979 | 31.5% |
| Built between 1960 and 1969 | 15.3% |
| Built between 1950 and 1959 | 4.9% |
| Built between 1940 and 1949 | 1.0% |
| Built in 1939 or earlier | 1.0% |
In 33432, 57.2% of the population is in the labor force. Recent estimates place 11.8% as working from home, while the total labor force in the region has a mean travel to time to work of 21.7 minutes. Approximately 17.7% of the employed population 16 years and over in 33432 work in educational services, and health care and social assistance, while an estimated 17.4% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.7% of 33432 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.7% |
| Construction | 3.8% |
| Manufacturing | 4.3% |
| Wholesale trade | 2.4% |
| Retail trade | 12.8% |
| Transportation and warehousing, and utilities | 2.4% |
| Information | 2.9% |
| Finance and insurance, and real estate and rental and leasing | 14.8% |
| Professional, scientific, management, and administrative | 17.4% |
| Educational services, and health care and social assistance | 17.7% |
| Arts, entertainment, and recreation, and accommodation and food services | 11.8% |
| Other services, except public administration | 6.4% |
| Public administration | 2.8% |
Regarding solar power potential, ZIP Code 33432 has an average daily solar radiation level of 5.69 kWh/m2/day. This is approximately 38.11% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 13.66% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 33432 | 10.4¢/kWh | 8.72¢/kWh | 6.86¢/kWh |
| Florida | 14.65¢/kWh | 11.43¢/kWh | 8.85¢/kWh |
| United States | 16.88¢/kWh | 12.66¢/kWh | 7.82¢/kWh |
| Month | ZIP Code 33432 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.5 | 1.9 | 5.84 |
| Feb | 6.02 | 3 | 6.31 |
| Mar | 6.25 | 3.65 | 7.02 |
| Apr | 6.28 | 5.13 | 7.3 |
| May | 5.77 | 5.17 | 7.13 |
| Jun | 4.97 | 5.72 | 6.95 |
| Jul | 5.31 | 6.22 | 6.51 |
| Aug | 5.49 | 6.08 | 6.65 |
| Sep | 5.53 | 5.15 | 7.02 |
| Oct | 5.98 | 3.32 | 6.92 |
| Nov | 5.79 | 2.33 | 5.99 |
| Dec | 5.39 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 33432, credit reporting or credit repair services have received the most complaints in 33432 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this Palm Beach County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 243 |
| Credit reporting or other personal consumer reports | 204 |
| Checking or savings account | 39 |
| Debt collection | 20 |
| Credit card or prepaid card | 18 |
| Other | 23 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 182 |
| Improper use of your report | 122 |
| Problem with a company's investigation into an existing problem | 71 |
| Problem with a credit reporting company's investigation | 63 |
| Managing an account | 21 |
| Other | 88 |