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South Miami, 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
12,277
Population
$94,507
Median Income
$829,400
Home Value
38.9
Median Age

Demographics

South Miami has a population of 12,277 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:

Hispanic
53.8%
White
31.0%
Black
11.9%
Asian
2.9%
Demographic Value
Total Population12,277
Median Age38.9
White31.0%
Black or African American11.9%
Asian2.9%
Hispanic or Latino53.8%
South Miami, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Hispanic/Latino: 54.0%White: 31.1%Black: 11.9%Asian: 2.9%12,277PopulationHispanic/LatinoHispanic/Latino54.0%WhiteWhite31.1%BlackBlack11.9%AsianAsian2.9%

Income & Economy

The median household income in South Miami is $94,507, which is 17.2% above the national median of $80,610. The per capita income is $57,328. The poverty rate is 10.0%.

$94,507
Median Household Income
$57,328
Per Capita Income
10.0%
Poverty Rate

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Education

In South Miami, 93.9% of residents age 25+ have a high school diploma or higher, and 56.3% hold a bachelor's degree or higher (27.6% with a graduate or professional degree).

HS Diploma+
93.9%
Bachelor's+
56.3%
Graduate+
27.6%
Education Level % of Adults (25+)
High School Diploma or Higher93.9%
Bachelor's Degree or Higher56.3%
Graduate or Professional Degree27.6%

Housing

The median home value in South Miami is $829,400, above the national median of $303,400. The median monthly rent is $1,764. The homeownership rate is 60.2%.

$829,400
Median Home Value
$1,764/mo
Median Rent
60.2%
Homeownership Rate
Housing Metric Value
Median Home Value$829,400
Median Monthly Rent$1,764
Homeownership Rate60.2%
Vacancy Rate9.1%

Salaries in Florida

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Frequently Asked Questions

What is the population of South Miami, Florida?
The population of South Miami, Florida is 12,277 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in South Miami, Florida?
The median household income in South Miami, Florida is $94,507. This is 17.2% above the national median of $80,610.
What is the median home value in South Miami, Florida?
The median home value in South Miami, Florida is $829,400. The median monthly rent is $1,764.
What percentage of people in South Miami have a college degree?
In South Miami, Florida, 56.3% of adults age 25 and older hold a bachelor's degree or higher, and 93.9% have a high school diploma or higher.
Is South Miami, Florida an affordable place to live?
The home price-to-income ratio in South Miami, Florida is 8.8x (median home value $829,400 vs. median income $94,507), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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