Economic Development

As one of South Florida’s emerging local economies, the City of Boynton Beach has a diverse, innovative economy that aims to promote a healthy and vibrant community through locally-based, regionally-driven economic development. We are part of the Miami-Fort Lauderdale-West Palm Beach Metro Area with a market of over 6.5 million people within 100 miles. Our unemployment rate currently sits at 3.5% and a median age of 42.8. The three main sectors of our economy are healthcare/social assistance, retail trade, and accommodation/food services. We have over 9,600 businesses currently operating within the City to date that have created over 21,000 jobs. We have a thriving and emerging micro-brewery sector with 4 successful breweries. We have 5 major developments taking place in the City: Ocean 500, Riverwalk Plaza, Ocean One, Villages East Ocean, and Town Square.