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Miami, FL

Full City Profile · Florida · Miami-Dade County County

2.6 /5.0
C+ Fair
446,663 Population 12,407/sq mi density
$59,390 Median Income $42,528 per capita
$475,200 Home Value $573,963 Zillow
$1,657 Median Rent 36.3% income on rent
77°F Avg Temperature 342 sunny days/yr
593 Violent Crime/100K 3,668 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$59,390 median income, 3.3% unemployment
C
Affordability
2.1 / 5.0
$475,200 home value, $1,657/mo rent
F
Safety
1.0 / 5.0
593 violent crimes/100K (56% above avg)
B+
Education
3.8 / 5.0
35.6% bachelor's degree or higher

Miami, FL

At a Glance

Median Income
$59,390
21% below
$42,528 per capita
Home Value
$475,200
69% above
Zillow: $573,963
Median Rent
$1,657/mo
42% above
36.3% of income on rent
Violent Crime
593/100K
56% above
3,668/100K property
Bachelor's Degree+
35.6%
6% above
80.0% high school+
Unemployment
3.3%
8% below
14.5% poverty rate
Obesity Rate
29.7%
7% below
12.4% smoking rate
Avg Temperature
77°F
342 sunny days/yr

How Miami Compares to the U.S. Average

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

Income
79%
Home Value
169%
Rent
142%
Poverty
117%
Bachelor's
106%
Unemployment
92%
Crime
156%
Thin vertical line = U.S. national average (100%)

Is Miami a Good Place to Live?

C+
2.6 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Miami residents earn a median household income of $59,390 , which is 21% below the national average of $75,149. Per capita income is $42,528. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 14.5% 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 is $475,200 , 69% above the national median of $281,900. Zillow estimates the typical home at $573,963. Median rent is $1,657/month, with 36.3% 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 1976.

Safety & Crime

Miami reports 593 violent crimes per 100,000 residents , which is 56% above the national average of 380/100K. Property crime is 3,668/100K. The murder rate is 9.0/100K.

Education

35.6% of adults in Miami hold a bachelor's degree or higher (6% above the national average). 80.0% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Miami 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 342 sunny days per year. Annual precipitation totals 76.6 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population446,663
Median Age39.7 yrs
Density12,407/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans1.9%

Economy

B+
Median Income$59,390
Per Capita$42,528
Unemployment3.3%
Poverty14.5%
County GDP$260,837M
Avg Weekly Wage$1,492

Housing

C
Home Value$475,200
Rent$1,657
Ownership30.7%
Zillow$573,963
Housing Units214,820
Rent Burden36.3%

Crime

F
Violent593/100K
Property3,668/100K
Murder9.0/100K
Assault393/100K
Burglary369/100K

Health

Obesity29.7%
Diabetes14.4%
Smoking12.4%
Heart Disease6.2%
Premature Death6,314/100K

Climate

Avg Temp77°F
Sunny Days342/yr
Rain76.6 in/yr
AQI41 (Good)
Elevation10 ft

Education

B+
Bachelor's+35.6%
High School+80.0%
Graduate+13.6%
School Score5.7/10

Community

2024 VoteR 55% / D 44%
Commute27 min
Broadband79.3%
Internet Speed167 Mbps
EV Stations400
Libraries63

Did You Know?

Miami was founded in 1825.
The median home in Miami was built in 1976.
The nearest airport is Miami International (5 miles).
The Gini coefficient (income inequality) is 0.516 (U.S. avg: 0.490).
Natural hazard risk is rated "Very High" by FEMA.
11.6% 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.