Florida · Census place 45000
Miami city, FL
Quick answer
Miami city has 446,663 residents, ranking #2 of 955 places in Florida. Median household income is $59,390, the median home is worth $475,200 and median gross rent runs $1,657 a month.
- Population
- 446,663Miami city residents
- Median household income
- $59,390Past 12 months, inflation adjusted
- Median home value
- $475,200Owner-occupied units
- Median gross rent
- $1,657Rent plus utilities, monthly
- Median age
- 39.7 yrsAll residents
- Homeownership rate
- 30.7%Owner-occupied households
What the numbers mean in Miami city
Housing cost measured against local earnings.
A household earning the Miami city median would spend about 33.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 8.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.2% of residents and 30.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Jacksonville city 961,739
- Tampa city 393,389
- Orlando city 311,732
- St. Petersburg city 260,646
- Hialeah city 221,901
Keep going
More Florida coverage.