Is Miami Beach, Florida a Good Place To Live? - Living In Miami Beach, FL

Is Miami Beach, Florida a good place to live?
Miami Beach is a city in Florida state in USA with a population of 89439 residents.. The poverty rate of Miami Beach is 13.7%, which is 2% lower than national average. The typical household in Miami Beach earns $57211 a year, compared to the national median of $67,500. Nearly 44.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Miami Beach, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Miami Beach remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Miami Beach, only 47% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Miami Beach is 132, which is 32% higher than national average. Median home value in Miami Beach is $441300 , which is 92% higher than national average. While median income in Miami Beach remained $57211, which is 15% lower than national average.
Population
89439
Unemployment
4.3%
9% NAT AVG.
Poverty
13.7%
2% NAT AVG.
Overall Score
7
Median Home Cost
$441300
92% NAT AVG.
Median Income
$57211
15% NAT AVG.
Median Rent
$1432
23% NAT AVG.
Cost Of Living
132
32% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 23
People Earning < $10,000
1 in 11
People Earning < $50,000
44.8%
People with <= High School
1 in 3.3
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs80%

Housing90%

Affordability30%

Safety30%

Amenities100%

Diversity90%

Education80%

Commute60%