Moving to Miami, FL: Everything You Should Know First
Thinking of moving to Miami, FL? With a vibrant population of 449,514 and a tropical climate boasting 70% sunny days, Miami offers lively neighborhoods, year-round warmth, and rich cultural diversity. The median home price is around $570,000, with average rent for a two-bedroom at $2,350, reflecting its popularity and high demand. While the cost of living is above national average and crime rates are higher than average, Miami compensates with world-class healthcare, a bustling arts and dining scene, and access to top beaches. Commutes average 29 minutes, and education options include strong magnet schools and renowned universities, making Miami a dynamic place to call home.
Demographics - Miami, FL
Population:
449,514
Density:
13,200 per sq mi
Median Age:
40.1
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
74.5%
Ethnic Composition
White:
65.4%
Black:
16.7%
Asian:
1.2%
Others:
16.7%
Cost Of Living
Median House Value:
$570,000
Gross Rent:
$2,350
Monthly Electricity Charges:
$145
Auto Insurance:
$2,750
House Owner Cost With Mortgage:
$2,900
House Owner Cost Without Mortgage:
$820
Low:
0% (no state income tax)
|
High:
0% (no state income tax)
Cost Of Living Index:
127.1
Grocery:
110.2
Housing:
154.2
Utilities:
98.5
Transportation:
122.8
Health Care:
98.6
Miscellaneous:
104.5
Crime
Violent Crimes Per 100k:
603
Property Crimes Per 100k:
3,180
Crime Index:
3,783
Chance Of Violent Crime:
1 in 166
Chance Of Property Crime:
1 in 31
Weather
Winter
Min:
62°F
Max:
76°F
Spring
Min:
68°F
Max:
83°F
Summer
Min:
76°F
Max:
89°F
Fall
Min:
72°F
Max:
85°F
Neighbors
Median Income:
$37,500
Household Income:
$47,860
Family Income:
$51,700
Per Capita Income:
$29,300
Income Male:
$34,900
Income Female:
$30,800
Poverty Rate:
20.0%
Non English Speakers:
74.5%
Education
High School or Higher:
77.7%
Bachelors or More:
27.6%
Rent:
$2,350
Unemployment Rate:
5.3%
Public Transport Usage:
11.8%
Commute Time:
29.2 minutes
Education
Public Schools
Name:
Coral Way K-8 Center
Street:
1950 SW 13th Ave
Phone:
305-854-0515
Students:
1,570
Student Teacher Ratio:
15.2
Name:
Design and Architecture Senior High
Street:
4001 NE 2nd Ave
Phone:
305-573-7135
Students:
500
Student Teacher Ratio:
16.1
Private Schools
Name:
Belen Jesuit Preparatory School
Street:
500 SW 127th Ave
Phone:
305-223-8600
Students:
1,370
Colleges
Name:
Miami Dade College
City:
Miami
State:
FL
Distance:
0 miles
Students:
46,000
Name:
University of Miami
City:
Coral Gables
State:
FL
Distance:
7 miles
Students:
17,000
Healthcare
Major Hospitals
Name:
Jackson Memorial Hospital
Address:
1611 NW 12th Ave, Miami, FL 33136
Phone:
(305) 585-1111
Type:
General & Teaching
Emergency Services:
Yes
Name:
Baptist Hospital of Miami
Address:
8900 N Kendall Dr, Miami, FL 33176
Phone:
(786) 596-1960
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
80.3%
Health Care Index:
71.2
Housing Market
Median Home Price:
$570,000
Average Rent For 2 Bedroom:
$2,350
Owner Occupied Rate:
32.7%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
7.1%
New Construction Rate:
2.3%
Foreclosure Rate:
0.8%
DMV Information
State:
Florida
Department:
Florida Department of Highway Safety and Motor Vehicles
Address:
2515 W. Flagler St, Miami, FL 33135
Phone:
305-643-7800
Website: