Pinecrest Was Just Named the second Wealthiest Suburb in Florida after Palm Beach
Pinecrest Shines Among Florida’s Wealthiest Suburbs
In a new GOBankingRates 2025 report ranking the richest suburbs across the Sunshine State, Pinecrest earned the No. 2 spot, right behind Palm Beach. The study analyzed cities with over 5,000 households, ranking the top 20 by average household income, while also factoring in typical home values to paint a full picture of each community’s affluence.
Pinecrest’s Prestigious Ranking
With an average household income of $312,591 and a typical home value of $2.4 million, Pinecrest stands out as a unique blend of prosperity and livability. While many of Florida’s other wealthy enclaves boast sky-high real estate prices — like Palm Beach’s jaw-dropping $10 million median — Pinecrest offers luxury living at a more approachable price point.
That balance of elegance and accessibility is precisely what continues to draw families, executives, and international buyers to this lush, tree-lined village. Known for its top-rated public schools, acre lots, and proximity to Coral Gables and Coconut Grove, Pinecrest has long been one of Miami-Dade’s most desirable residential pockets.
A Community Rooted in Value and Growth
Unlike other suburbs where wealth feels walled off, Pinecrest’s prosperity manifests in its strong sense of community — from its local parks and farmers markets to its ongoing investment in infrastructure and sustainability. Even as luxury home sales continue to rise, the village maintains a serene, family-friendly atmosphere that defines its charm.
This new ranking also reinforces what locals already know: Pinecrest isn’t just one of the wealthiest suburbs in Florida — it’s one of the most balanced, offering a rare combination of space, stability, and sophistication in the heart of South Florida.
Florida’s Wealth Landscape
According to GOBankingRates, half of Florida’s wealthiest suburbs are concentrated within the Miami–Fort Lauderdale–Pompano Beach metro area, underscoring South Florida’s growing reputation as a global wealth hub. Palm Beach took the top spot with an average household income of $356,467, followed closely by Pinecrest. From there, incomes drop considerably, with Lake Butler, Parkland, and Coral Gables rounding out the top five.
For Pinecrest residents, this recognition is less a surprise and more a confirmation — a reflection of the village’s enduring appeal, thoughtful planning, and high quality of life that continues to attract affluent families year after year.
Learn More About Pinecrest
Curious to learn more about life in the Village of Pinecrest, from neighborhood highlights and local events to detailed real estate insights? Visit PinecrestNeighbors.com for the latest community updates and insider perspectives on this sought-after South Florida enclave.
