Miami
Florida
Miami isn't just a city; it's a vibrant experience woven into the fabric of daily life. Imagine strolling to your favorite cafe with a near-perfect Walk Score of 98, or effortlessly hopping on public transit with an 88 Transit Score. The city pulses with energy, and you'll find that the cost of living is more accessible than you might think, with a homeownership rate of 40% and an affordability index of 119, hinting at a market that's more within reach than some might assume. While the median home value sits around $430,000, consider the lifestyle: sunny days, electric nightlife, and a community that thrives on its unique cultural blend.
From an investment perspective, Miami offers a compelling narrative. The unemployment rate is a remarkably low 2.5%, significantly below the national average, indicating a robust job market. While the median household income is $41,818, the demand for housing keeps the rental market strong, with a median rent of $2,460. The city's violent crime rate is 3.8 per 1,000 residents and property crime at 21.5 per 1,000, which offers a level of safety that is comparable to other major metropolitan areas. This is a city for those who crave a dynamic lifestyle, a thriving culture, and a chance to be part of something truly special.
Beyond the bustling streets, Miami offers a surprisingly pleasant environment. With an Air Quality Index of 49, you'll be breathing some of the cleanest air in any major city. The city maintains a quiet atmosphere, offering a respite from the urban buzz. Plus, with electricity rates at a reasonable 10.4¢/kWh and a Bike Score of 78, Miami encourages a lifestyle that is not only enjoyable but also environmentally conscious. Miami is a city that truly blends opportunity, vibrancy, and a unique quality of life.
Miami, Florida at a Glance
Miami is a city in Florida with a population of approximately 467,963. The median home value is $430,000 and the median household income is $41,818. It has a Walk Score of 98 out of 100, making it very walkable. The violent crime rate is 5.0 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $2,460 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$430,000
Median Income
$41,818
Population
467,963
Walk Score
98
Air Quality
AQI 49
Good
Climate Risk
Relatively Low
Good
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- Population
- 467,963
- Median Age
- N/A
- Median Household Income
- $41,818
44% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 20.0%
61% above nat'l avg
- Median Home Value
- $430,000
53% above nat'l avg
- Median Rent
- $2,460
112% above nat'l avg
- Homeownership Rate
- 40.0%
39% below nat'l avg
- Affordability Index
- 119
19% above nat'l avg
- Violent Crime Rate
- 5.0 per 1K
39% above nat'l avg
- Property Crime Rate
- 29.5 per 1K
55% above nat'l avg
- AQI
- 49
17% above nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 21.89
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 10.4¢/kWh
37% below nat'l avg
- Est. Monthly Electric
- $94
31% below nat'l avg
- Total Schools
- 50
- Elementary
- 30
- Middle
- 7
- High School
- 13
- Avg. Enrollment
- 714
Nearby Schools
- Unemployment Rate
- 2.5%
32% below nat'l avg
- Poverty Rate
- 20.0%
61% above nat'l avg
Weather & Climate in Miami
Avg High
82°F
Avg Low
72°F
Annual Rainfall
61.7"
Avg Humidity
75%
Political Landscape
↗ Trending more Republican
Based on Miami-Dade County county-level presidential election data
Culture & Things to Do in Miami
Art Basel Miami Beach
An international art fair showcasing modern and contemporary art.
Miami International Film Festival
A showcase of international films held annually.
Carnaval Miami
A large street festival celebrating Cuban culture.
Ultra Music Festival
An annual outdoor electronic music festival.
Neighborhoods in Miami
South Beach
Miami, FL
Brickell
Miami, FL
Coconut Grove
Miami, FL
Wynwood
Miami, FL
Allapattah
Miami, FL
Upper East Side Miami
Miami, FL
Belle Meade
Miami, FL
Edgewater
Miami, FL
Midtown Miami
Miami, FL
Flagami
Miami, FL
The Hammocks
Miami, FL
Little Haiti
Miami, FL
The Roads
Miami, FL
Silver Bluff
Miami, FL
Little Havana
Miami, FL
Liberty City
Miami, FL
Shenandoah
Miami, FL
Overtown
Miami, FL
Design District
Miami, FL
Buena Vista
Miami, FL
Morningside
Miami, FL
Coral Way
Miami, FL
Westchester
Miami, FL
Downtown Miami
Miami, FL
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