Florida | Boca Raton

Market Research in Boca Raton, Florida

Boca Raton is South Florida's premier business hub, with a median household income among the highest in Florida, 1,400+ corporate tenants, and a cosmopolitan population that spans affluent American retirees, South American professionals, and one of Florida's largest Jewish communities.

Boca Raton Florida Mizner Park aerial view market research

Boca Raton: Key Market Indicators

100,000
City Population
Source: City of Boca Raton, 2023
$85,000+
Median HH Income
Source: U.S. Census, 2023
1,400+
Corporate Tenants
Source: Boca Raton Chamber
14M sq ft
Office Space
Source: CBRE, 2023
$1.2B/year
Town Center Retail Sales
Source: Simon Property Group
18,000+
Healthcare Sector Jobs
Source: Palm Beach EDC

Boca Raton as a Research Market

Boca Raton punches significantly above its population weight as a research market. With 1,400+ companies headquartered or with major operations in the city, including ADT, Office Depot, and several Fortune 500 regional headquarters, the B2B research opportunity is substantial. The retail market is anchored by Town Center at Boca Raton, which generates approximately $1.2 billion in annual retail sales, making it one of the most productive malls in Florida per square foot.

The consumer research market in Boca Raton is shaped by three distinct population segments: the affluent retiree and seasonal resident community (northeast US origin, Jewish, high-income), the younger professional and tech worker population (diverse, international, higher education), and the Latin American professional community (Argentine, Brazilian, Colombian, Venezuelan). Each segment has distinct research preferences and requires different recruitment and moderation approaches.

Research Services in Boca Raton

B2B and Corporate Research

HRG conducts executive interviews, competitive intelligence studies, employee satisfaction surveys, and stakeholder research for Boca Raton's corporate community. Studies targeting the C-suite and senior management at Boca's major employers require strategic recruitment through professional networks and industry associations rather than consumer panel methods.

Technology and Healthcare Research

Boca Raton's technology sector (IBM has had a presence since 1961, where the IBM PC was developed) and healthcare sector (Boca Raton Regional Hospital, Baptist Health, and dozens of specialty medical practices) generate consistent demand for product research, user experience studies, patient satisfaction research, and brand tracking.

Luxury and Premium Consumer Research

The Town Center at Boca Raton and the Royal Palm Place retail district serve a luxury consumer base. HRG conducts shopper behaviour studies, luxury brand tracking, mystery shopping, and concept testing for premium retail, hospitality, and service brands targeting Boca's affluent consumer segments.

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Research Pricing in Boca Raton

MethodologyScopeIndicative Cost (USD)
Consumer SurveyN=300, Boca Raton/S. Palm Beach$12,000 – $20,000
B2B Executive Interviews20 IDIs, corporate sector$16,000 – $28,000
Focus Groups4-6 groups$20,000 – $36,000
Mystery Shopping10-20 locations$5,000 – $12,000
Retail Intercept200 intercepts, Town Center$10,000 – $18,000

Indicative only. Contact HRG for project-specific pricing.

Frequently Asked Questions

What market research services does HRG offer in Boca Raton?

Hope Research Group (HRG) provides consumer surveys, B2B executive interviews, focus groups, mystery shopping, brand tracking, concept testing, retail audits, and luxury consumer research in Boca Raton and South Palm Beach County. HRG's research in Boca Raton typically targets the city's affluent professional and retiree population, tech industry workforce, and significant South American and Caribbean-origin communities.

What is Boca Raton's demographic and economic profile?

Boca Raton has a population of approximately 100,000 residents (City of Boca Raton, 2023) with a median household income of approximately $85,000, one of the highest in South Florida. The city is home to over 1,400 companies including ADT, G4S (now Allied Universal), Office Depot, and several major healthcare organizations. The population includes a substantial Jewish community, significant South American (Argentine, Brazilian, Colombian, Venezuelan) residents, and an affluent retiree and seasonal population from the northeastern United States.

What industries are most active for research in Boca Raton?

Technology (IBM, ADT headquarters, G4S), healthcare (Boca Raton Regional Hospital, Baptist Health systems, numerous medical device and pharmaceutical companies), financial services (several major wealth management firms and private equity offices), real estate and development, retail (Town Center at Boca Raton, the largest shopping mall in Palm Beach County), and luxury consumer goods are the most active research sectors in Boca Raton.

Can HRG conduct research targeting Boca Raton's Latin American community?

Yes. Boca Raton has significant Argentine, Brazilian, Colombian, and Venezuelan communities, particularly in western Boca developments like Boca Del Mar, Boca Winds, and Loggers' Run. HRG's bilingual English-Spanish research teams and Portuguese language capability allow it to reach these communities authentically. The Brazilian-American community in South Palm Beach County is particularly significant — Boca Raton has one of the largest Brazilian-American communities in Florida outside Deerfield Beach and Pompano Beach.

Does HRG serve Delray Beach and Boynton Beach alongside Boca Raton?

Yes. HRG's South Palm Beach County coverage includes Boca Raton, Delray Beach, Boynton Beach, Lake Worth, Greenacres, and Lantana. Delray Beach has a significantly different demographic profile to Boca Raton, with a larger African-American and Caribbean-American community and a distinct Atlantic Avenue lifestyle consumer segment. Boynton Beach has a large Haitian-American community. HRG designs sampling strategies that appropriately represent all subgroups within the South Palm Beach County area.

Related Resources

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Boca Raton and South Palm Beach Market Guide

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