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 a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Miami. This makes Miami a good place to live for young professionals. With so many people in this demographic, Miami presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
Miami is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Miami, like many big cities in America, has a public transportation system, but the citizens of Miami are lucky because theirs is one of the most extensive and widely used. Many commuters choose to leave their cars at home and instead use the bus to get to and from work. In fact, for some people it is feasible to forgo car ownership entirely, avoiding the cost and headache of driving in heavy traffic. The benefits include reduced air pollution and load on the road network.
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.
Foreign born people are also an important part of Miami's cultural character, accounting for 57.73% of the city’s population.
The most common language spoken in Miami is Spanish. Other important languages spoken here include English and French Creole.