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Miami Beach, FL

Full City Profile · Florida · Miami-Dade County County

3.0 /5.0
B Good
81,319 Population 10,575/sq mi density
$67,014 Median Income $72,301 per capita
$542,000 Home Value $518,750 Zillow
$1,733 Median Rent 36.6% income on rent
77°F Avg Temperature 344 sunny days/yr
924 Violent Crime/100K 7,568 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$67,014 median income, 2.7% unemployment
C
Affordability
2.1 / 5.0
$542,000 home value, $1,733/mo rent
F
Safety
1.0 / 5.0
924 violent crimes/100K (143% above avg)
A+
Education
5.0 / 5.0
51.2% bachelor's degree or higher

Miami Beach, FL

At a Glance

Median Income
$67,014
11% below
$72,301 per capita
Home Value
$542,000
92% above
Zillow: $518,750
Median Rent
$1,733/mo
49% above
36.6% of income on rent
Violent Crime
924/100K
143% above
7,568/100K property
Bachelor's Degree+
51.2%
52% above
90.0% high school+
Unemployment
2.7%
25% below
8.6% poverty rate
Obesity Rate
26.0%
19% below
10.2% smoking rate
Avg Temperature
77°F
344 sunny days/yr

How Miami Beach Compares to the U.S. Average

Each bar shows Miami Beach's value as a percentage of the national average (100% = U.S. avg)

Income
89%
Home Value
192%
Rent
149%
Poverty
69%
Bachelor's
152%
Unemployment
75%
Crime
243%
Thin vertical line = U.S. national average (100%)

Is Miami Beach a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Miami Beach residents earn a median household income of $67,014 , which is 11% below the national average of $75,149. Per capita income is $72,301. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 8.6% of residents live below the poverty line. The area is home to 123,309 business establishments, including 6,356 restaurants.

Housing & Cost of Living

The median home value in Miami Beach is $542,000 , 92% above the national median of $281,900. Zillow estimates the typical home at $518,750. Median rent is $1,733/month, with 36.6% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1968.

Safety & Crime

Miami Beach reports 924 violent crimes per 100,000 residents , which is 143% above the national average of 380/100K. Property crime is 7,568/100K. The murder rate is 6.5/100K.

Education

51.2% of adults in Miami Beach hold a bachelor's degree or higher (52% above the national average). 90.0% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Miami Beach has an average annual temperature of 77°F (25°C). Winters average 71°F in January while summers reach 83°F in July. The area gets 344 sunny days per year. Annual precipitation totals 80.1 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population81,319
Median Age42.4 yrs
Density10,575/mi²
Male / Female52% / 48%
Foreign Born13.6%
Veterans2.8%

Economy

A
Median Income$67,014
Per Capita$72,301
Unemployment2.7%
Poverty8.6%
County GDP$260,837M
Avg Weekly Wage$1,492

Housing

C
Home Value$542,000
Rent$1,733
Ownership38.7%
Zillow$518,750
Housing Units63,789
Rent Burden36.6%

Crime

F
Violent924/100K
Property7,568/100K
Murder6.5/100K
Assault510/100K
Burglary778/100K

Health

Obesity26.0%
Diabetes10.8%
Smoking10.2%
Heart Disease5.4%
Premature Death6,314/100K

Climate

Avg Temp77°F
Sunny Days344/yr
Rain80.1 in/yr
AQI41 (Good)
Elevation7 ft

Education

A+
Bachelor's+51.2%
High School+90.0%
Graduate+21.9%
School Score5.7/10

Community

2024 VoteR 55% / D 44%
Commute27 min
Broadband84.6%
Internet Speed167 Mbps
EV Stations67
Libraries63

Did You Know?

The median home in Miami Beach was built in 1968.
20.2% work from home.
The nearest airport is Miami International (9 miles).
The Gini coefficient (income inequality) is 0.516 (U.S. avg: 0.490).
Natural hazard risk is rated "Very High" by FEMA.
9.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 167 Mbps.
There are 6,356 restaurants in the area.
The county recorded 290 fatal vehicle crashes.