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South Beach, 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
3,063
Population
$193,594
Median Income
$900,700
Home Value
68.3
Median Age

Demographics

South Beach has a population of 3,063 with a median age of 68.3. Here is the racial and ethnic breakdown of the population:

White
94.4%
Other
2.9%
Hispanic
2.7%
Demographic Value
Total Population3,063
Median Age68.3
White94.4%
Hispanic or Latino2.7%
Other / Two or More Races2.9%
South Beach, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.4%Other: 2.9%Hispanic/Latino: 2.7%3,063PopulationWhiteWhite94.4%OtherOther2.9%Hispanic/LatinoHispanic/Latino2.7%

Income & Economy

The median household income in South Beach is $193,594, which is 140.2% above the national median of $80,610. The per capita income is $136,069. The poverty rate is 4.7%.

$193,594
Median Household Income
$136,069
Per Capita Income
4.7%
Poverty Rate

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Education

In South Beach, 97.8% of residents age 25+ have a high school diploma or higher, and 66.5% hold a bachelor's degree or higher (25.2% with a graduate or professional degree).

HS Diploma+
97.8%
Bachelor's+
66.5%
Graduate+
25.2%
Education Level % of Adults (25+)
High School Diploma or Higher97.8%
Bachelor's Degree or Higher66.5%
Graduate or Professional Degree25.2%

Housing

The median home value in South Beach is $900,700, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 98.5%.

$900,700
Median Home Value
$3,501/mo
Median Rent
98.5%
Homeownership Rate
Housing Metric Value
Median Home Value$900,700
Median Monthly Rent$3,501
Homeownership Rate98.5%
Vacancy Rate32.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of South Beach, Florida?
The population of South Beach, Florida is 3,063 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in South Beach, Florida?
The median household income in South Beach, Florida is $193,594. This is 140.2% above the national median of $80,610.
What is the median home value in South Beach, Florida?
The median home value in South Beach, Florida is $900,700. The median monthly rent is $3,501.
What percentage of people in South Beach have a college degree?
In South Beach, Florida, 66.5% of adults age 25 and older hold a bachelor's degree or higher, and 97.8% have a high school diploma or higher.
Is South Beach, Florida an affordable place to live?
The home price-to-income ratio in South Beach, Florida is 4.7x (median home value $900,700 vs. median income $193,594), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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