Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Boynton Beach

Learn about the people, housing, costs and businesses in Boynton Beach, Florida

Median Home$338,891
Median Rent$1,956/month
Population81,007
Leading IndustriesTransportation · Education · Healthcare4% transportation
Home Value Growth⬆⬆+16.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners66% of occupied units
NotableAmenity Score77/100 · highly walkable area
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Boynton Beach
FL

Frequently Asked Questions

What are today's mortgage rates in Boynton Beach?

As of today, the 30-year fixed mortgage rate for Boynton Beach is approximately 6.910% (6.947% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Boynton Beach
What is the median home price in Boynton Beach?

The median home value in Boynton Beach is $339k. The median monthly rent is $1,956. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boynton Beach?

Home values in Boynton Beach have increased 16.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Boynton Beach?

Based on a typical all-in ownership cost of $1,641/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boynton Beach is $73k/year.

Calculate your buying power
What industries drive the economy in Boynton Beach?

The largest employment sectors in Boynton Beach are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.