Miami Beach Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Miami Beach, Florida? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Miami Beach, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Miami Beach is $65,116.00.

The chart below shows the average household income by age in Miami Beach.

  • Under 25
    $46,727.00
  • 25 to 44
    $74,550.00
  • 45 to 64
    $76,070.00
  • 65 and over
    $35,881.00

Average Household Income

A very commonly asked question is "what is the average household income in Miami Beach, Florida?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Miami Beach is $132,663.00.

15.26% of households in Miami Beach, Florida are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Miami Beach but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Miami Beach

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Miami Beach, Florida easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    21.47%
  • $25,000 to $49,999
    19.30%
  • $50,000 to $74,999
    15.14%
  • $75,000 to $99,999
    9.87%
  • $100,000 to $149,999
    11.16%
  • $150,000 to $199,999
    7.79%
  • $200,000 or more
    15.26%

Per Capita Income

The per capita income is the average income of all people in Miami Beach, Florida. This is calculated by dividing the total income of all people in Miami Beach by the total number of people in Miami Beach.

It differs from the average or mean household income because it includes all people in Miami Beach and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Miami Beach, Florida is $69,329.00.

Population in Miami Beach by Race and Ethnicity

The total population in Miami Beach is currently 82,400 people.

The race and ethnicity of the population in Miami Beach can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Miami Beach, Florida.

  • 30.80% White
    25,341
  • 44.40% Black/African American
    36,547
  • 34.70% Native
    28,591
  • 30.00% Hispanic
    24,742
  • 3.40% Asian
    2,841
  • 0.10% Hawaiian/Pacific Islander
    67
  • 0.00% Two or more races
    13
  • 2.20% Other
    1,797

Population of Miami Beach by Age and Gender

Another very important demographics statistic for Miami Beach, Florida is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 3,067 3,845
10 to 19 Years 3,023 3,152
20 to 29 Years 5,155 5,016
30 to 39 Years 7,548 7,123
40 to 49 Years 7,638 5,613
50 to 59 Years 6,607 5,077
60 to 69 Years 4,816 4,269
70 Years and over 4,285 6,166

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Miami Beach, Florida.

  • Master's degree or higher
    19.79%
  • Bachelor's degree
    46.75%
  • Some college or associate's degree
    4.82%
  • High school diploma or equivalent
    25.39%
  • Less than high school diploma
    3.25%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Miami Beach because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Miami Beach look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Miami Beach, Florida that are over the age of 16.

The current population in Miami Beach that are over the age of 16 is 71,617 people.

The unemployment rate in Miami Beach is 4.00%, which means 1,950 people are unemployed.

Median Age in Miami Beach

The median age is an interesting metric because it gives us an idea of the age distribution of people in Miami Beach, Florida. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Miami Beach is 42.3 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Miami Beach

42.3

Total

42.5

Male

42

Female

Households and Families

There are a total of 41,711 households in Miami Beach, and the average household size is 1.95 people.

For families, the total number is 18,031, and the average family size is 2.8 people.

7.30% of those families in Miami Beach, Florida are living below the poverty line.

The table below shows the poverty thresholds for Miami Beach in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Miami Beach, Florida for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 13,382 2,171 2,478 23,680
Average Household Size 2.86 3.02 3.11 1.23
Total Families 13,382 2,171 2,478 0
Average Household Size 2.81 2.68 2.87 0

Housing Data in Miami Beach

There are total of 63,789 housing units in Miami Beach, Florida. Of those units, 41,711 (65.39%) are occupied, and 22,078 (34.61%) are vacant.

Rental Rates

Of the 63,789 housing units in Miami Beach, 25,709 (40.30%) are occupied by renters. The median rent paid by renters is $1,654.00.

Owner occupied housing units make up the remaining 24.18% of housing units, with 15,422 housing units in total.

The table below breaks down how much rent is paid by renters in Miami Beach, Florida.

  • No rent paid
    580
  • Less than $500
    2,071
  • $500 to $999
    1,043
  • $1,000 to $1,499
    7,107
  • $1,500 to $1,999
    8,551
  • $2,000 to $2,499
    3,733
  • $2,500 to $2,999
    1,312
  • $3,000 or more
    1,892

Property Values

The median value of a property in Miami Beach is $532,300.00.

The table below breaks down the range of valuations for all properties in Miami Beach.

  • Less than $50,000
    130
  • $50,000 to $99,999
    119
  • $100,000 to $149,999
    283
  • $150,000 to $199,999
    855
  • $200,000 to $299,999
    2,440
  • $300,000 to $499,999
    3,610
  • $500,000 to $999,999
    3,388
  • $1,000,000 or more
    4,597

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Miami Beach, Florida.

  • 1939 or earlier
    6,004
  • 1940 to 1949
    5,268
  • 1950 to 1959
    7,347
  • 1960 to 1969
    15,928
  • 1970 to 1979
    9,702
  • 1980 to 1989
    6,273
  • 1990 to 1999
    4,637
  • 2000 to 2009
    6,902
  • 2010 to 2013
    1,549
  • 2014 or later
    179

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Miami Beach has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    10,254
  • 1 vehicle available
    20,277
  • 2 vehicles available
    9,235
  • 3 or more vehicles available
    1,945

Commuting to Work in Miami Beach

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Miami Beach, Florida, how they commute, and how that correlates to other data points.

The average travel time is 26.2 minutes, and the chart below covers the range of travel times across the population of Miami Beach.

  • Less than 5 minutes
    1,072
  • 5 to 9 minutes
    2,095
  • 10 to 14 minutes
    5,196
  • 15 to 19 minutes
    5,024
  • 20 to 24 minutes
    6,027
  • 25 to 29 minutes
    1,887
  • 30 to 34 minutes
    8,227
  • 35 to 39 minutes
    1,232
  • 40 to 44 minutes
    1,959
  • 45 to 59 minutes
    2,384
  • 60 to 89 minutes
    2,349
  • 90 or more minutes
    643

We can also look at the means of transport in Miami Beach to see which modes of transport people are using to commute to work.

  • Drove alone
    22,829
  • Carpooled
    2,693
  • Public transportation
    2,972
  • Walked
    3,675
  • Other means
    5,926
  • Worked from home
    8,078

Conclusion

Hopefully this article has given you the demographics data you were looking for in Miami Beach, Florida.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Miami Beach.

Link To or Reference This Page

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If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Miami Beach Average Income, Population and Demographics". NameCensus.com. Accessed on March 28, 2024. https://namecensus.com/demographics/florida/miami-dade-county/miami-beach/.

  • "Miami Beach Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/florida/miami-dade-county/miami-beach/. Accessed 28 March, 2024

  • Miami Beach Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/florida/miami-dade-county/miami-beach/.