Are you thinking about moving to Florida? Perhaps you’re curious to know which cities are the wealthiest in the Sunshine State? Well, you’ve come to the right place.
In this post, we’ll explore the top affluent places in Florida with the highest median household incomes and the best quality of life. Florida is famous for its beautiful beaches, exciting attractions, and warm weather.
But did you know that it’s also home to some of the most luxurious and upscale cities in the United States? From bustling metropolises like Miami to charming coastal towns like Naples, Florida has something to offer everyone.
Whether you’re a retiree looking for a relaxing place to spend your golden years or young professional seeking career opportunities, we’ll provide you with all the information you need to make an informed decision.
Join us as we explore the wealthiest neighborhoods in Florida and discover your perfect paradise.
Top Richest Cities in Florida
Here are the 10 richest cities in Florida, according to the U.S. Census data.
1. Pinecrest
Pinecrest is a wealthy city in Florida, known for its high living standards and beautiful surroundings. Located in Miami-Dade County, Pinecrest has about 19K people who call it home.
One reason Pinecrest stands out is due to its impressive median household income of around $157K. This makes Pinecrest an attractive place for families and individuals seeking a comfortable lifestyle.
Besides the great income, Pinecrest offers top-rated schools that cater to student’s needs and create a bright future for them. The city also boasts plenty of fun activities like parks and restaurants where you can spend quality time with your loved ones.
When it comes to housing, Pinecrest isn’t left behind. With an average home price of nearly $2M, you can expect luxurious dwellings equipped with modern amenities that cater to your every need.
Living in this vibrant city lets you enjoy all the perks of being close to Miami while still having a peaceful neighborhood environment perfect for raising children or retiring in style.
2. Parkland
Parkland is another upscale city in Florida that offers a high-quality lifestyle to its residents. Situated in Broward County, this thriving community has a population of approximately 33K people.
One standout feature of Parkland is its notable median household income of about $155K. This attracts many professionals and families looking for a comfortable life.
In terms of education, Parkland provides top-notch schools that help students excel academically and prepare them for future success. Additionally, the city showcases fantastic parks and wildlife preserves, like Pine Trails Park, where you can enjoy outdoor activities such as concerts and festivals with your family.
Housing in Parkland doesn’t disappoint either; with an average home price of around $886K, you will find stunning properties suitable for any taste or preference.
Living here means experiencing suburban living at its finest while still being within driving distance of Miami’s vibrant city life and nature adventures like hiking and kayaking.
3. Key Biscayne
Key Biscayne is a beautiful and affluent city in Florida, known for its stunning beaches and relaxed atmosphere. This island suburb of Miami has a population of around 13K people, making it an ideal place to live for those looking for a more laid-back vibe.
Key Biscayne boasts an impressive average household income of about $151K, attracting residents who value a high standard of living.
Education-wise, Key Biscayne offers highly rated public schools that provide students with the knowledge and skills they need to thrive in their future endeavors. The city also features numerous restaurants, coffee shops, and parks where residents can enjoy quality time together.
When it comes to housing options, Key Biscayne doesn’t disappoint with a median home price of approximately $1M. You can find luxurious beachfront properties that provide breathtaking views and easy access to sandy shores.
4. Palmetto Bay
Palmetto Bay is a luxurious city in Florida that offers its residents a high-quality lifestyle and a charming small-town feel. With around 24K people living here, this gem of Miami-Dade County boasts a median household income of about $123K. This attracts families and individuals looking for comfort and stability in their lives.
Education is a priority in Palmetto Bay, as the city provides top-rated schools to ensure students receive the best learning experience possible.
Located halfway between downtown Miami and the Florida Keys, Palmetto Bay offers easy access to various popular areas like South Beach, Coconut Grove, Key Biscayne, Coral Gables, and Miami International Airport.
When exploring housing options in Palmetto Bay, you’ll find attractive properties with an average home price of $540K. The area’s spacious homes often come with modern amenities designed to cater to every need.
5. Southwest Ranches
Southwest Ranches is a wealthy city in Florida with a distinct rural charm, making it an ideal place for those who appreciate the peaceful countryside. This thriving town has a median income of around $125K, drawing white-collar professionals and families seeking stability and comfort.
The community offers various outdoor activities thanks to numerous farms, ranches, and equestrian trails available throughout the area. Southwest Ranches is also home to Sunshine Ranches, a neighborhood famous for its horse-friendly environment.
Education remains essential in this small town, providing top-notch schools that pave the way for students’ bright futures. Meanwhile, residents can engage in local shopping options or take leisurely drives to nearby attractions.
As for housing choices in Southwest Ranches, you’ll find stunning properties at competitive prices; homes typically receive multiple offers and sell within 70 days. With an average home price of $770K, you can expect to find spacious residences perfect for families or individuals looking for their slice of paradise.
6. Miami Shores
Miami Shores are among the wealthiest cities in Florida, offering a fantastic quality of life to its residents. With a population of around 10,000 people, this vibrant suburb in Miami-Dade County is known for its bayfront location and gorgeous tree-lined streets.
The median household income in Miami Shores reaches an impressive $123K, attracting individuals and families seeking comfort and financial security.
Education is highly valued in this city, as it provides top-rated schools that help students develop into well-rounded individuals ready for future success. Home to Barry University, Miami Shores also offers higher education opportunities within its borders.
When it comes to housing options, you can find stunning waterfront properties on Biscayne Bay with an average home price of $570K. There are also many inland homes that often feature guest houses or extra living spaces for added convenience and potential rental income.
7. Naples
Naples is a luxurious city in Florida known for its breathtaking beaches, sunny weather, and upscale lifestyle. With a population of around 22K people, this popular vacation destination attracts many visitors every year. Naples’ average annual household income surpasses $107K, making it the perfect place for those seeking comfort and financial stability.
Education remains an essential aspect of Naples as it provides top-rated schools that offer students excellent opportunities to learn and grow academically. Golf enthusiasts will love living in Naples since the city boasts numerous remarkable golf courses perfect for both beginners and experienced players.
When looking at housing options in Naples, you’ll find beautiful homes situated on large properties with plenty of space for families to enjoy. The average home price in Naples is around $770K, providing residents with stylish dwellings surrounded by scenic beauty.
The stunning beaches contribute significantly to the charm of living in Naples as they provide residents with fantastic places to relax or participate in various water activities.
8. Coral Gables
Coral Gables is a wealthy city in Florida known for its captivating Mediterranean-inspired architecture and tree-lined streets. With an average household income of around $101K, this charming community offers residents a comfortable and upscale lifestyle.
Coral Gables has a population of nearly 50K people, making it an ideal location for families looking to settle down.
Education is highly valued in Coral Gables, as the city provides top-rated schools that ensure students receive the best learning experiences possible. The University of Miami makes its home here, offering higher education opportunities within the community.
Housing options in Coral Gables are both stylish and diverse. With an average home price of about $840K, you can expect to find stunning properties that cater to different preferences and budgets. The city’s character-filled neighborhoods make it an appealing place to live.
9. Marco Island
Coral Gables is a wealthy city in Florida known for its captivating Mediterranean-inspired architecture and tree-lined streets. With an average household income of around $101K, this charming community offers residents a comfortable and upscale lifestyle. Coral Gables has a population of nearly 50K people, making it an ideal location for families looking to settle down.
Education is highly valued in Coral Gables, as the city provides top-rated schools that ensure students receive the best learning experiences possible. The University of Miami makes its home here, offering higher education opportunities within the community.
Housing options in Coral Gables are both stylish and diverse. With an average home price of about $840K, you can expect to find stunning properties that cater to different preferences and budgets. The city’s character-filled neighborhoods make it an appealing place to live.
10. Key West
Key West is a vibrant and wealthy city in Florida, famous for its picturesque surroundings and lively atmosphere. With a population of around 25K people, this island paradise offers residents an unparalleled living experience with a median household income nearly twice the state average.
Education plays a vital role in Key West, as it provides top-rated schools that equip students with the knowledge they need for future success. When it comes to housing options here, you won’t find many affordable choices; however, investing some extra money will reward you with unforgettable experiences.
The average home price in Key West is about $705K, giving you access to stunning properties on this unique island. Visitors often flock to Duval Street during tourist season to enjoy shopping, dining, and entertainment options that cater to diverse interests.
Traveling to Key West from Miami takes about three and a half hours by car along the scenic Overseas Highway (U.S. Route 1), which passes over beautiful bridges spanning across the sea.
11. Surfside
Surfside is a gorgeous and affluent city in Florida, known for its stunning ocean views and upscale lifestyle. With a population of around 6K people, this thriving beach town stands out with a median household income of about $110K. This attracts not only middle-class residents but also notable figures like former Miami Beach Mayor Philip Levine and actor Joe DiMaggio.
Education remains essential in Surfside, as the city provides excellent schools to foster students’ learning experiences, ensuring they develop solid academic foundations. As for housing options in Surfside, you can expect beautiful properties with an average home price of approximately $600K that cater to your every need.
The famous Bal Harbor Shops, just minutes away from Surfside, offer residents an extraordinary shopping experience with luxury brands like Chanel and Prada. The area’s beachfront community center provides various programs for kids and adults alike, contributing to the city’s lively atmosphere.
12. Key Largo
Key Largo is a picturesque and affluent city in Florida that boasts stunning tropical beauty, sunny skies, and an inviting island vibe. As the first stop among Florida’s Ten Thousand Islands, Key Largo has a population of approximately 11K people who enjoy the unique atmosphere and strong sense of community pride.
With many residents earning over $100K per year, this island paradise offers a high-quality lifestyle to those seeking comfort and financial security. Key Largo provides excellent schools where students gain valuable educational experiences that pave their way for future success.
Outdoor enthusiasts will love living in Key Largo as it presents various activities like diving, snorkeling, kayaking, fishing, boating, and more. In addition to amazing water sports options, you can enjoy live music every weekend at numerous bars and restaurants on the island.