Can you afford to live in MIAMI BEACH?
Median household income, home values and rent in MIAMI BEACH, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in MIAMI BEACH.
Median household income: $67,014 — +51.1% since 2015 (not adjusted for inflation)
Median gross rent: $1,733/mo — +52.3% since 2015
Median home value, 2015 to 2023
- 2015: 383800
- 2023: 542000
Median household income
- MIAMI BEACH: 67014
- Miami-Dade County: 68694
- FL: 71711
- U.S.: 78538
Median gross rent
- MIAMI BEACH: 1733
- Miami-Dade County: 1731
- FL: 1564
- U.S.: 1348
Share of income a typical renter spends on rent: 36.6% — U.S.: 30.2%
What it means
The typical household here earns $67,014 — notably lower than the national figure of $78,538.
The typical renter here spends 36.6% of household income on rent, above the 30% level housing agencies use to define cost burden.
Since 2015, rent has risen faster than income here (+52.3% versus +51.1%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
Loading the live page…