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Miami Lakes, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
31,553
Population
$101,557
Median Income
$626,400
Home Value
41.3
Median Age

Demographics

Miami Lakes has a population of 31,553 with a median age of 41.3. Here is the racial and ethnic breakdown of the population:

Hispanic
89.0%
White
25.4%
Black
2.0%
Asian
1.8%
Demographic Value
Total Population31,553
Median Age41.3
White25.4%
Black or African American2.0%
Asian1.8%
Hispanic or Latino89.0%
Miami Lakes, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 118.Hispanic/Latino: 75.3%White: 21.5%Other: 3.2%31,553PopulationHispanic/LatinoHispanic/Latino75.3%WhiteWhite21.5%OtherOther3.2%

Income & Economy

The median household income in Miami Lakes is $101,557, which is 26.0% above the national median of $80,610. The per capita income is $45,751. The poverty rate is 6.0%.

$101,557
Median Household Income
$45,751
Per Capita Income
6.0%
Poverty Rate

Employment

The unemployment rate in Miami Lakes is 2.1%, compared to the national rate of 4.1%.

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Education

In Miami Lakes, 92.9% of residents age 25+ have a high school diploma or higher, and 43.7% hold a bachelor's degree or higher (17.0% with a graduate or professional degree).

HS Diploma+
92.9%
Bachelor's+
43.7%
Graduate+
17.0%
Education Level % of Adults (25+)
High School Diploma or Higher92.9%
Bachelor's Degree or Higher43.7%
Graduate or Professional Degree17.0%

Housing

The median home value in Miami Lakes is $626,400, above the national median of $303,400. The median monthly rent is $2,120. The homeownership rate is 59.8%.

$626,400
Median Home Value
$2,120/mo
Median Rent
59.8%
Homeownership Rate
Housing Metric Value
Median Home Value$626,400
Median Monthly Rent$2,120
Homeownership Rate59.8%
Vacancy Rate2.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of Miami Lakes, Florida?
The population of Miami Lakes, Florida is 31,553 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Miami Lakes, Florida?
The median household income in Miami Lakes, Florida is $101,557. This is 26.0% above the national median of $80,610.
What is the median home value in Miami Lakes, Florida?
The median home value in Miami Lakes, Florida is $626,400. The median monthly rent is $2,120.
What percentage of people in Miami Lakes have a college degree?
In Miami Lakes, Florida, 43.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.9% have a high school diploma or higher.
Is Miami Lakes, Florida an affordable place to live?
The home price-to-income ratio in Miami Lakes, Florida is 6.2x (median home value $626,400 vs. median income $101,557), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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