Median Income
$96,442
28% higher than US avg
Bachelor's+
6.0%
82% lower than US avg
Median Rent
$459
61% lower than US avg
Unemployment
18.3%
408% higher than US avg
Poverty Rate
0.0%
100% lower than US avg
How Miami Compares to the U.S. Average (100% = U.S. avg)
People
Population573
Median Age49.0 yrs
Density3,371/mi²
Male / Female53% / 48%
Largest GroupWhite 100%
Economy
B+
Median Income$96,442
Per Capita$36,381
Unemployment18.3%
Poverty0.0%
County GDP$5,497M
Housing
A+
Home ValueN/A
Rent$459
OwnershipN/A
Climate
Avg Temp50°F
AQI41 (Good)
Rain41.1 in/yr
Elevation792 ft
Education
F
Bachelor's+6.0%
High School+100.0%
School Score5.80
Community
2024 VoteR 67% / D 31%
CommuteN/A
Libraries7
Is Miami a Good Place to Live?
Based on current data, Miami receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include above-average unemployment. Miami offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Miami is $96,442, 28% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 18.3%, unemployment is notably high. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%.
Cost of Living & Housing
Renters pay a median of $459 per month, below the national average — a plus for affordability.
Education
6.0% of residents hold a bachelor's degree, below the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Miami experiences four distinct seasons with an average temperature of 50°F. Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 41.1 inches, including 24.6 inches of snow. Air quality is rated Good with a median AQI of 41.
Miami has a population of 573 with a density of 3,371 people per square mile. The median age is 49.0 years, 26% older than the national median of 38.9. The city is predominantly White (100%).
Population
49.0yrs
Median Age
26% above US avg
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
The median household income in Miami is $96,442, which is 28% above the national average of $75,149. The unemployment rate is 18.3% (above the 3.6% US average). 0.0% of residents live below the poverty line.
Income
| Median HH Income | $96,442 |
| 28% above US avg |
| Per Capita Income | $36,381 |
| Avg Weekly Wage | $1,200 |
| IRS Avg AGI | $61,076 |
Employment & Poverty
| Unemployment | 18.3% |
| 408% above US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 1,913 |
| County GDP | $5,497M |
Business (County)
| Restaurants | 201 |
| Healthcare | 265 |
| Retail | 328 |
| Manufacturing | 63 |
Tax & Cost of Living
| Property Tax (IRS) | $2,758 |
| 21% below US avg |
Monthly rent averages $459 (61% below US avg).
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $459 |
| 61% below US avg |
HUD Fair Market Rent
| Studio | $685 |
| 1 Bedroom | $773 |
| 2 Bedrooms | $956 |
| 3 Bedrooms | $1,146 |
| 4 Bedrooms | $1,358 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $2,758 |
| 21% below US avg |
Health Metrics: Miami vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
| Insurance Rate | 90.8% |
| |
| Premature Death | 12,109/100K |
Food & Exercise
| Food Environment | 7.1/10 |
| Exercise Access | 73.5% |
| Healthcare Facilities | 265 |
Crime Rates: Miami vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 8 |
Safety Score
Miami has an average annual temperature of 50°F (10°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation is 41.1 inches. Air quality is rated Good with a median AQI of 41.
Temperature
24°F Jan (-4°C)
72°F Jul (22°C)
| Annual Average | 50.1°F |
| 7% below US avg |
| January Average | 24°F (-4°C) |
| July Average | 72°F (22°C) |
Precipitation & Snow
| Annual Rainfall | 41.1 inches |
| 8% above US avg |
| Snowfall | 24.6 inches/yr |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 792 ft (241 m) |
| Area | 0.2 sq mi (0.4 km²) |
| Population Density | 3,371/sq mi |
| Coordinates | 40.6143°N, 86.1066°W |
| County FIPS | 18067 |