Miami Beach, FL
REAL ESTATE & DEMOGRAPHIC DATA






Miami Beach profile


Living in Miami Beach


Miami Beach is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 88,885 people and 29 constituent neighborhoods, Miami Beach is the 25th largest community in Florida.

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

Miami Beach is a decidedly white-collar city, with fully 88.76% of the workforce employed in white-collar jobs, well above the national average. Overall, Miami Beach is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Miami Beach who work in sales jobs (14.68%), management occupations (13.65%), and food service (11.33%).

Of important note, Miami Beach is also a city of artists. Miami Beach has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Miami Beach’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.63% 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 that you will notice about Miami Beach is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Miami Beach a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.

Miami Beach 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.

Although the majority of commuting trips in the city are by private automobile, Miami Beach is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the bus helps to get to and from their jobs every morning, which benefits everyone in the Miami Beach area by reducing both traffic and air pollution.

The education level of Miami Beach ranks among the highest in the nation. Of the 25-and-older adult population in Miami Beach, 47.54% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Miami Beach in 2018 was $53,213, which is wealthy relative to Florida and the nation. This equates to an annual income of $212,852 for a family of four. However, Miami Beach contains both very wealthy and poor people as well.

Miami Beach is an extremely ethnically-diverse city. The people who call Miami Beach 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 Beach, accounting for 55.59% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Miami Beach residents report their race to be White, followed by Black or African-American. Important ancestries of people in Miami Beach include Italian, German, Irish, Russian, and Polish.

Foreign born people are also an important part of Miami Beach's cultural character, accounting for 53.73% of the city’s population.

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