Income & Economy in Miami Beach, FL
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$67,014
-8% vs national
Per Capita Income
$72,301
+95% vs national
Poverty Rate
14.4%
+6% vs national
Gini Index
0.6227
0 = perfect equality
Unemployment
3.9%
-24% vs national
SNAP Recipients
14.3%
of households
How Miami Beach Compares
Source: Census ACS (2023)Miami Beach vs Similar Cities
Source: Census ACS (2023)Compared to cities with 50,000 - 100,000 residents. Miami Beach is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Miami Beach. The median household income here is $67,014.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
3.9%
-20% vs FL avg
Labor Force
47,740
Employed
45,825
Mean Commute
21 min
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
40.6%
of adults 25+
High School Diploma+
53.9%
of adults 25+
Median Age
42.4
Work from Home
20.2%
of workers
The median household income in Miami Beach, FL is $67,014, which is 8.5% below the national average of $73,224. Per capita income is $72,301. The poverty rate of 14.4% is higher than the FL state average of 13.5%. The Gini index of income inequality is 0.6227, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.9%, compared to the state average of 4.9%. 40.6% of adults hold a bachelor's degree or higher. The average commute time is 21 minutes, with 20.2% working from home.