menu

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%).

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.36% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

One thing noticeable about Miami, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Miami is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Miami a great place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun. In fact, Miami is one of the top larger cities in America for educated single professionals to flock.

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.

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 is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but Miami really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, Miami citizens use public transit daily to get to and from work. And while there are transportation options, most people in Miami ride the bus. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in Miami a lot leave their cars at home (if they even choose to own one), and hop a ride on the bus.

The education level of Miami citizens is substantially higher than the typical US community, as 31.51% of adults in Miami have at least a bachelor's 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.

Miami also has a high percentage of its population that was born in another country: 58.14%.

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