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Miami Beach, FL&

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0.99% growth
Median Age
Median Household Income
4.22% growth
Poverty Rate
Number of Employees
0.32% growth
Median Property Value
12.6% growth

About the photo: Hillsboro Inlet Lighthouse, Hillsboro Beach


The economy of Miami Beach, FL employs 50,128 people. The economy of Miami Beach, FL is specialized in Real Estate, Rental & Leasing; Accommodation & Food Service; and Arts, Entertainment, Recreation, which employ respectively 3.23; 2.36; and 1.7 times more people than what would be expected in a location of this size. The largest industries in Miami Beach, FL are Accommodation & Food Service (9,461), Professional, Scientific, Tech Services (4,938), and Healthcare & Social Assistance (4,755), and the highest paying industries are Management of Companies & Enterprises ($87,135), Utilities ($81,518), and Finance & Insurance ($63,659).

Median household income in Miami Beach, FL is $44,342. Males in Miami Beach, FL have an average income that is 1.32 times higher than the average income of females, which is $42,711. The income inequality of Miami Beach, FL (measured using the Gini index) is 0.478 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Miami Beach, FL. In Miami-Dade County, FL the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 81 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $14,097. Duval County, FL has the highest prevalence of homicides of any county in Florida.


Clinician to Patient Ratios

Showing data across all counties in Florida.

Insurance Coverage by Age and Gender

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Miami Beach, FL is home to a population of 91,564 people, from which 71.3% are citizens. The ethnic composition of the population of Miami Beach, FL is composed of 48,708 Hispanic residents (53.2%), 36,417 White residents (39.8%), 3,147 Black residents (3.44%), 1,412 Asian residents (1.54%), and 871 Other residents (0.95%). The most common foreign languages in Miami Beach, FL are Spanish (47,007 speakers), French (1,958 speakers), and Portuguese (1,785 speakers), but compared to other places, Miami Beach, FL has a relative high number of Hebrew (991 speakers), Portuguese (1,785 speakers), and Italian (1,509 speakers).


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In 2015 universities in Miami Beach, FL awarded 222 degrees. The student population of Miami Beach, FL is skewed towards females, with 75 male students and 147 female students. Most students in Miami Beach, FL are Hispanic or Latino (98 and 44.1%), followed by White (44 and 19.8%), Black or African American (19 and 8.56%), and Unknown (7 and 3.15%). The largest universities in Miami Beach, FL by number of graduates are Miami Ad School-Miami Beach (108 and 48.6%), Beauty Schools of America (96 and 43.2%), and Talmudic College of Florida (11 and 4.95%). The most popular majors in Miami Beach, FL are Advertising (44 and 19.8%), Nail Specialist & Manicurist (41 and 18.5%), and Make-Up Artist (25 and 11.3%). The median tuition costs in Miami Beach, FL are N/A for private four year colleges, and $13,000 and $13,000 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Miami Beach, FL is $383,800, which is 1.97 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $341,000 to $383,800, a 12.6% increase. The homeownership rate of Miami Beach, FL is 36.7%, which is lower than the national average of 63.9%. People in Miami Beach, FL have an average commute time of 23.7 minutes, and they commute by Drove Alone. Car ownership in Miami Beach, FL is lower than the national average, with an average of 1 car per household.


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United States
Miami-Dade County, FL
Miami-Fort Lauderdale-West Palm Beach, FL Metro Area
metropolitan statistical area
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