Miami Beach, FL
REAL ESTATE & DEMOGRAPHIC DATA





Miami Beach profile


Living in Miami Beach


Miami Beach is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 88,885 people and 29 constituent neighborhoods, Miami Beach is the 25th largest community in Florida.

Miami Beach home prices are not only among the most expensive in Florida, but Miami Beach real estate also consistently ranks among the most expensive in America.

Miami Beach is a decidedly white-collar city, with fully 88.90% of the workforce employed in white-collar jobs, well above the national average. Overall, Miami Beach is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Miami Beach who work in sales jobs (14.40%), management occupations (13.81%), and food service (12.65%).

Of important note, Miami Beach is also a city of artists. Miami Beach has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Miami Beach’s character.

Also of interest is that Miami Beach has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.57% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One thing noticeable about Miami Beach, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Miami Beach is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Miami Beach a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.

Miami Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

Like elsewhere in America, most people in Miami Beach use a private automobile to get to work. But notably, a substantial number of Miami Beach‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.

The education level of Miami Beach ranks among the highest in the nation. Of the 25-and-older adult population in Miami Beach, 47.86% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Miami Beach in 2018 was $53,223, which is wealthy relative to Florida and the nation. This equates to an annual income of $212,892 for a family of four. However, Miami Beach contains both very wealthy and poor people as well.

Miami Beach is an extremely ethnically-diverse city. The people who call Miami Beach home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Miami Beach, accounting for 56.73% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Miami Beach residents report their race to be White, followed by Black or African-American. Important ancestries of people in Miami Beach include Italian, German, Russian, Polish, and Irish.

Miami Beach also has a high percentage of its population that was born in another country: 55.83%.

The most common language spoken in Miami Beach is Spanish. Other important languages spoken here include English and French.