Where Are Florida's Rich Kids Actually Growing Up?

Turns out Miami-Fort Lauderdale-Pompano Beach is basically Money Central in Florida — these 3 metros alone account for 50% of the state’s wealthiest suburbs. No surprise there.

But here’s what caught our attention: Palm Beach is absolutely bonkers — average household income hitting $356K with typical homes running $10.2M. That’s not a suburb, that’s a different planet.

The real tea? The wealth concentration is insane. Top 5 richest suburbs average $239K household income. Drop to #20 and you’re at $155K. That’s a 54% gap just between top and middle of the list.

Interesting plays in the data:

• Miami area dominates: 8 out of top 12 wealthiest suburbs
• Lake Butler (Orlando metro) sneaks in at #3 with $289K avg income — the only non-Miami area in top 5
• Home values don’t always track income: Coral Gables ($209K income, $1.98M homes) vs Lakewood Ranch ($166K income, $667K homes)

Bottom line: If you’re serious about Florida real estate, Miami suburbs are where the money actually lives. But that $10M price tag for Palm Beach? That’s wealth theater.