AreaProfile

Miami, Florida

Area Profile

459,745 residents. Jobs, income, climate, physical risk, development and airport access for Miami, in Miami-Dade County.

58
Area Score
Bottom 32% of 133 published profiles

How we calculate this

How this area ranks
OpportunityTop 18% of 139 published cities71
GrowthTop 17% of 134 published cities66
Housing affordability150th of 150 published cities25
ClimateTop 14% of 149 published cities85
Physical resilience120th of 150 published cities24
AccessTop 22% of 149 published cities99
Economic stability110th of 150 published cities46
The quick read

Miami ranks in the top 18% of published city profiles for employment opportunity, with unemployment at 2.6% and median household income of $62,462.

Residential permitting has slowed: 4,781 units authorized over the past twelve months, 34% below the prior year.

Physical-risk exposure is above the national median, driven mainly by hurricane, cold wave and coastal flooding.

At a glance

Population
459,745
2024 ACS 5-Year
Median household income
$62,462
Bottom 43% nationally
Density
12,772/sq mi
36.0 sq mi of land
Median age
39.3
2024 ACS 5-Year
County
Miami-Dade County
Florida
Metro area
Miami-Fort Lauderdale-West Palm Beach, FL
Nearest major airport
MIA
5 mi · Miami Intl
Median home value
$518,100
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 2.6% is lower than 99% of the 140 measured US cities.

Employment fell 0.6% over the past year, to 253,489 employed residents.

37% of adults hold a four-year degree, higher than 79% of measured US cities.

MetricValueCompared with peersSource period
Median household income ±$1,757$62,462Bottom 43%2024 ACS 5-Year
Per capita income ±$1,501$45,837Top 22%2024 ACS 5-Year
Poverty rate19.4%Top 25%2024 ACS 5-Year
Average commute29.8 minTop 35%2024 ACS 5-Year
Bachelor's degree or higher37.4%Top 21%2024 ACS 5-Year
Employment253,489Top 25%June 2026
Employment change (3 years)0.5%Top 45%June 2026
Employment change (year over year)-0.6%Top 38%June 2026
Labor force260,369Top 26%June 2026
Labor force participation67.1%Top 27%2024 ACS 5-Year
Mean annual wage$67,190Bottom 49%2025 OEWS
Median annual wage$48,640Bottom 33%2025 OEWS
Unemployment change (year over year)0.3%Top 40%June 2026
Unemployment rate2.6%Bottom 1%June 2026
Unemployment rate
2021/062022/032022/122023/092024/062025/032026/012026/065.71.8
Monthly unemployment rate from the Bureau of Labor Statistics, most recent value 2.6% in June 2026.
Median household income, successive ACS releases
202120222023202462k48k
Each point is a separate five-year estimate, most recently $62,462 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Miami-Fort Lauderdale-West Palm Beach, FL
OccupationPeople employedMedian annual wage
Retail Salespersons91,370$34,330
General and Operations Managers74,960$105,640
Customer Service Representatives63,440$39,560
Registered Nurses61,670$91,380
Office Clerks, General61,160$44,730
Waiters and Waitresses57,830$36,070

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

Housing & affordability

How it’s calculated →

Median rent of $1,758 takes 34% of median household income, above the 30% threshold at which a household is considered cost-burdened.

A median home costs 8.3 times median household income here, well above the historic benchmark, at a level conventionally described as seriously unaffordable.

Rent as a share of income
33.8%
Above the 30% cost-burdened threshold
Home price to income
8.3×
median home value ÷ median income
Median gross rent
$1,758
2024 ACS 5-Year
Median home value
$518,100
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income8.29Top 3%2024 ACS 5-Year
Homeownership rate30.8%Bottom 2%2024 ACS 5-Year
Housing units ±2,313223,826Top 1%2024 ACS 5-Year
Median gross rent ±$26$1,758Top 13%2024 ACS 5-Year
Median home value ±$19,775$518,100Top 11%2024 ACS 5-Year
Rent as a share of income33.8%Top 4%2024 ACS 5-Year
Vacancy rate13.0%Top 40%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
66/ 100
Top 17% of 134 published city profiles
Permitting is increasing — 4 consecutive years, measured from 2020 to 2025.

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

Population has grown 10% since 2020, reaching 487,014 in 2024.

Permit activity has risen for 4 consecutive years.

92% of recently permitted units are in buildings of five or more homes, so new supply is concentrated in apartments and condominiums rather than detached houses.

At 10.7 permitted units per 1,000 residents, building activity is above the median for measured US cities.

Units permitted
4,781
12 months ending July 2026
Per 1,000 residents
10.7
Top 9% nationally
Year over year
−34%
vs the prior twelve months
Multifamily share
91.7%
units in 5+ unit buildings
Population, annual estimates
20202021202220232024487k442k
Census Population Estimates Program, July 1 of each year. These annual estimates are designed for year-over-year comparison, unlike the ACS five-year figure shown as this profile's population.
Housing units permitted per year
202020222023202420257k4k
Annual totals from the Census Building Permits Survey. Permitting in 2025 was higher than 2020 (+101%).

Weather & climate

8 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 88°F and January a low of 61°F.

Normal annual precipitation is 57.2 inches.

50°70°90°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station MIAMI BEACH, 5.1 miles from this location.
Precipitation
JFMAMJJASOND8.4"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation57.2"1991-2020 Normals
Annual snowfall0.0"1991-2020 Normals
Average January low61°F1991-2020 Normals
Average July high88°F1991-2020 Normals
Comfortable months81991-2020 Normals
Seasonal temperature swing16°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

24 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are hurricane, cold wave and coastal flooding.

HurricaneElevated
Coastal floodingModerate
Cold waveElevated

Low or minimal exposure: lightning, inland flooding, heat wave, tornado, wildfire, hail, strong wind, drought, earthquake, landslide.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. City values are the population-weighted mean of the counties the city overlaps, using AreaProfile place-to-county land-area weights. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

Taxes

AreaProfile does not yet publish tax comparisons. No tax dataset has met the source admission test for coverage, methodology transparency and update cadence, and the product rule is to omit a dimension rather than estimate it. The Area Score is calculated without a tax component and the weighting is documented on the methodology page.

Nothing on AreaProfile is individualized tax advice.

Access

5 major airports lie within 100 miles, the nearest 5 miles away.

AirportCodeDistanceLongest runway
Miami IntlMIA5 mi13,016 ft
Miami-Opa Locka ExecOPF10 mi8,002 ft
Fort Lauderdale/Hollywood IntlFLL21 mi8,000 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Put Miami side by side with a similar place.

Miami vs HialeahMiami vs Urban HonoluluMiami vs OrlandoMiami vs Tampa

Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

ZIP codes in Miami

6 published ZIP profiles
ZIPPopulationMedian household incomeArea Score
3314258,908$39,60849
3312556,897$44,97951
3312647,307$58,21056
3313336,789$103,42063
3313536,143$40,56752
3313034,964$61,00957