Miami has a population of approximately 440,807 and experiences a population change rate of 21.61%. The population density is 12,246 / sq mi.
Household
The median household income for Miami is $47,860, with 181,597 households and an average household size of 2.38.
Home Value
The median value of a home in Miami is $524,600 with an appreciation rate of 25.10%. 25.83% of housing in the state is owned while 60.20% is rented.
Cost of Living
The cost of living in Miami is 137.1 %.
Employment
The unemployment rate in Miami is 1.80%, and recent job growth is at 2.04%. Future job growth is projected at 59.10%.
Taxes
The sales tax rate in Miami is 7.00%, while the income tax rate is 0.00% .
Education
School expenditures in Miami are $11,839, and the school ratio is 18.9:1.
Weather
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 60.6 degrees. The average rainfall is approximately 59.3 inches per year, with 0 inches of snow per year.