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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

Income Overview

Median Household Income
$59,390
21% below
US avg: $75,149
Per Capita Income
$42,528
9% above
US avg: $39,052
Unemployment Rate
3.3%
8% below
US avg: 3.6%
Poverty Rate
14.5%
17% above
US avg: 12.4%

Income Comparison: Miami vs. U.S. Average

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

Median Household
US: $75,149
$59,390
79%
Per Capita
US: $39,052
$42,528
109%
IRS Avg AGI
US: $72,000
$111,222
154%
Avg Weekly Wage
US: $1,432
$1,492
104%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,492
4% above US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
14.2%
7% below US avg (15.2%)
Drive Alone
61.7%
16% below US avg (73.2%)
Public Transit
6.9%
39% above US avg (5.0%)
County GDP
$260,837M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 61.7%
Public Transit 6.9%
Work From Home 14.2%
Other 17.2%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
123,309
Restaurants
6,356
Healthcare
11,061
Retail
10,749
Manufacturing
2,137

Tax & Financial

IRS Avg Adjusted Gross Income
$111,222
54% above US avg ($72,000)
Avg Property Tax
$12,130
247% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$59,390
Per Capita Income$42,528
IRS Avg Adjusted Gross Income$111,222
Avg Weekly Wage$1,492
County GDP$260,837M

Hardship Indicators

Unemployment Rate3.3%
Poverty Rate14.5%
Gini Coefficient0.516
Cost of Living Index103.4

Commute

Mean Commute27 minutes
Drive Alone61.7%
Public Transit6.9%
Work From Home14.2%

Businesses

Total Establishments123,309
Restaurants6,356
Healthcare11,061
Retail10,749
Manufacturing2,137

Tax

IRS Avg AGI$111,222
Avg Property Tax$12,130