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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Miami, FL
Real Estate & Demographic Data






Miami profile


Living in Miami



Miami is a large coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 455,924 people and 354 associated neighborhoods, Miami is the second largest community in Florida. There's nothing like the smell of a brand new house, and in Miami, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Miami, and putting down their money on brand new construction. Miami’s real estate is, on average, some of the newest in the nation. Miami does seem to be experiencing an influx of affluent people, because the median household income is $59,390.00.

Miami home prices are not only among the most expensive in Florida, but Miami real estate also consistently ranks among the most expensive in America.

Also of interest is that Miami has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Miami telecommute to their jobs. Overall, about 14.19% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Miami is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Miami is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.

One of the nice things about Miami is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

One of the benefits of being a big city like Miami is having a public transportation system, but in Miami the transit system is the mode of choice for lots of people getting to and from work every day. You will find many people using the bus for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the bus Miami benefits from a reduction in air pollution and traffic.

The population of Miami is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 35.60% of adults in Miami have a bachelor's degree or even advanced degree.

The per capita income in Miami in 2022 was $42,528, which is upper middle income relative to Florida and the nation. This equates to an annual income of $170,112 for a family of four. However, Miami contains both very wealthy and poor people as well.

Miami is an extremely ethnically-diverse city. The people who call Miami home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Miami, accounting for 71.19% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Miami residents report their race to be Black or African-American, followed by White. Important ancestries of people in Miami include Haitian, Italian, German, Irish, and English.

Miami also has a high percentage of its population that was born in another country: 57.73%.

The most common language spoken in Miami is Spanish. Other important languages spoken here include English and French Creole.