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Miami, Florida

city · Miami-Dade County

At a glance

459,745
Population
$518,100
Median home value (all homes)
71% above U.S. median
$583,609
Typical market value
Zillow, 2026-07
$1,758/mo
Median rent
30% above U.S. median
$62,462
Median household income
20% below U.S. median
27.3 min
Average commute
83.6%
Homes with broadband
60.18%
Locations with fiber available
5.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 125 — 25% above the national average. how it's computed

Housing88% above
Goods & services6% above
Utilities10% below
Taxes63% below
Insurance49% above
Commute cost1% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Florida is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Atlantis University Graduate degrees
Barry University Graduate degrees
SABER College 2-year
Future-Tech Institute Certificates
Miami Media School Certificates
Nouvelle Institute Certificates
Praxis Institute Certificates
Nearest 4-year college0 mi
Nearest community college4 mi
Nearest technical college0 mi
High school graduates81.3%
College graduates37.4%

Doing business here

Economic development contacts, most local first:

county Beacon Council (Miami-Dade)
The Miami-Dade Beacon Council is the County’s official public-private economic development partnership and the official economic development organization for Miami-Dade County, supporting businesses relocating or expanding to Greater Miami with comprehensive guidance and fostering investment, talent, and regional growth.
county Economic Dev Council of South Miami-Dade
The Economic Development Council of South Miami-Dade is a non-profit organization committed to championing economic growth in South Miami-Dade. It collaborates with government agencies, businesses, and stakeholders to identify and implement transformative projects that drive sustainable economic progress and support growth in the region.
county South Miami-Dade Economic Development Council
The Economic Development Council of South Miami-Dade is a non-profit organization committed to championing economic growth in South Miami-Dade. It aims to support sustainable economic growth, attract and retain businesses, create quality jobs, and enhance the overall quality of life for South Miami-Dade.
region South Florida Regional Planning Council
The Council provides economic development information and technical assistance to local governments, private businesses, and neighborhood-based organizations, and serves as the Economic Development Administration’s Economic Development District. It maintains the Comprehensive Economic Development Strategy, operates revolving loan funds to support small businesses, brownfields redevelopment, and affordable housing, and secures and manages state and federal grants for South Florida communities.
state Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes

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