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Where Florida's Real Money Is: The Suburbs That Broke the Code

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Florida’s wealth isn’t scattered—it’s concentrated. New data reveals Miami, Fort Lauderdale, and Pompano Beach dominate, claiming 12 of the 24 wealthiest suburbs. That’s 50% concentration in just 3 metros.

The top earners:

Palm Beach leads by a landslide—$356K average household income, with homes averaging $10.2M. This isn’t a suburb; it’s a wealth enclave.

Pinecrest and Lake Butler follow ($312K and $289K respectively), proving high income doesn’t always mean stratospheric home prices. Lake Butler homes run $748K—half Pinecrest’s $2.4M.

The interesting pattern: Miami’s orbit suburbs like Parkland ($229K), Coral Gables ($209K), and Palmetto Bay ($205K) show consistent six-figure household incomes. Meanwhile, Orlando’s wealthy tier (Winter Park, Doctor Phillips) sits lower at $180K-$156K—but with way cheaper real estate.

What this tells you: If you’re hunting wealth in Florida, follow the Miami-Fort Lauderdale corridor. But if you want wealth with reasonable home prices? Orlando’s your answer.

Data sourced from 2023 American Community Survey + Zillow 2025 valuations. Analysis covers 24 Florida suburbs with 5,000+ households.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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