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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 442,241 people and 354 constituent neighborhoods, Miami is the second largest community in Florida.

Housing costs in Miami are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Florida.

Unlike some cities, Miami isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Miami are a mix of both white- and blue-collar jobs. Overall, Miami is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Miami who work in sales jobs (11.64%), management occupations (10.97%), and office and administrative support (10.34%).

Telecommuters are a relatively large percentage of the workforce: 7.36% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

In Miami, however, the average commute to work is quite long. On average, people spend 30.67 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.

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.

In terms of college education, Miami is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 31.51% of adults in Miami have a college degree.

The per capita income in Miami in 2018 was $31,437, which is middle income relative to Florida, and upper middle income relative to the rest of the US. This equates to an annual income of $125,748 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 72.46% 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 French.

In addition, Miami has a lot of people living here who were born outside of the US (58.14%).

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