Real Estate

What Are Florida’s Wealthiest Counties?


Monroe County tops the list with a median home value just shy of $1M ($957,819) – but it’s not No. 1 for median income ($73,153).

MIAMI – If your retirement plan is a vision of luxury, maybe one of Florida’s wealthiest counties will catch your attention. Or maybe you want to live out your youthful days in one of those rich places.

The wealthiest county of Florida’s 67 counties has a median home value of almost $1 million – almost three times the state’s median home value of $326,286.

A study by SmartAsset ranked the wealthiest counties in Florida by compiling data from the Census Bureau, real estate site Zillow and the U.S. Internal Revenue Service.

Here’s the Top 10 list:

  1. Monroe County
    Median income: $73,153
    Investment income: $221,843
    Median home value: $957,819
  1. Collier County
    Median income: $75,543
    Investment income: $196,655
    Median home value: $594,299
  1. St. Johns County
    Median income: $88,794
    Investment income: $62,320
    Median home value: $515,056
  1. Miami-Dade County
    Median income: $57,815
    Investment income: $119,023
    Median home value: $479,969
  1. Palm Beach County
    Median income: $68,874
    Investment income: $149,636
    Median home value: $458,834
  1. Martin County
    Median income: $69,769
    Investment income: $155,692
    Median home value: $460,905
  1. Broward County
    Median income: $64,522
    Investment income: $62,691
    Median home value: $414,387
  1. Sarasota County
    Median income: $69,490
    Investment income: $82,509
    Median home value: $460,560
  1. Seminole County
    Median income: $73,002
    Investment income: $37,534
    Median home value: $395,298
  1. Sumter County
    Median income: $63,323
    Investment income: $37,116
    Median home value: $407,525

© 2023 Miami Herald. Distributed by Tribune Content Agency, LLC.



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