HomeFloridaMiami-Dade CountyMiami city
Miami city, Florida: commercial real estate data.
Miami city is a Census city of 459,745 people across 36.00 square miles of land, in Miami-Dade County. Median household income is $62,462, 30.8 percent of occupied homes are owned, and the SBA record carries 3,052 7(a) approvals to borrowers here worth $1.14 bn.
83 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Miami
What Miami is
- Census place typecity
- Land area36 sq mi
- Water area20.08 sq mi
- Population per square mile of land12,772
- County holding the largest share of its areaMiami-Dade County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Miami
How many people live in Miami
- Population459,745
- Median age39.3
- Population under 1876,010
- Share under 1816.5 percent
- Population 65 and over73,327
- Share 65 and over15.9 percent
- Households194,821
- Family households103,568
- Share of households that are families53.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Miami
Income and work in Miami
- Median household income$62,462
- Per capita income$45,837
- Civilian labor force262,359
- Employed248,815
- Unemployed13,544
- Unemployment rate5.2 percent
- Adults 25 and over350,206
- Adults 25 and over with a high school diploma or higher81.3 percent
- Adults 25 and over with a bachelor degree or higher37.4 percent
- Adults 25 and over with a graduate degree14.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Miami
Housing in Miami
- Housing units223,826
- Occupied units194,821
- Vacant units29,005
- Vacancy rate13.0 percent
- Owner occupied60,068
- Renter occupied134,753
- Ownership rate30.8 percent
- Median owner-occupied home value$518,100
- Median gross rent, monthly$1,758
- Annual rent as a share of median income33.8 percent
- Single family units70,071
- Share single family31.3 percent
- Units in buildings of two or more152,311
- Share in buildings of two or more68.0 percent
- Mobile homes1,177 plus or minus 445
- Median year structure built1979
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Miami
How Miami gets to work
- Workers 16 and over who commute205,884
- Commuting under 15 minutes36,727
- Share commuting under 15 minutes17.8 percent
- Commuting 30 minutes or more89,455
- Share commuting 30 minutes or more43.4 percent
- Drove alone59.3 percent
- Carpooled8.3 percent
- Public transport7.1 percent
- Walked5.2 percent
- Worked from home16.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Miami
SBA loans in Miami (7(a))
- Approvals3,052
- Gross approval$1,144,729,600
- Average approval$375,075
- Median approval$150,000
- Ninetieth percentile approval$850,000
- Largest approval$5,000,000
- Jobs supported23,859
- Jobs per approval7.8
- Loans with a final outcome522
- Paid in full382
- Charged off140
- Charge-off rate over resolved loans26.8 percent
- Median term120 months
- Share on real estate terms of 20 years or more5.7 percent
- Share to franchises3.6 percent
- Distinct lenders133
- Distinct industries by NAICS479
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Miami
SBA loans in Miami (504)
- Approvals863
- Gross approval$682,945,000
- Average approval$791,362
- Median approval$517,000
- Largest approval$5,500,000
- Jobs supported5,645
- Loans with a final outcome228
- Charged off2
- Charge-off rate over resolved loans0.9 percent
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Miami
Flood risk in Miami
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 6
- NFIP community number120650
- Currently effective map date09/11/09
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Miami-Dade County, not Miami
Miami-Dade County context, not Miami figures
These are Miami-Dade County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Miami measurements.
- Establishments in Miami-Dade County98,394
- Employment at those establishments, Miami-Dade County1,055,440
- Covered employment, Miami-Dade County1,257,569
- Average annual pay, Miami-Dade County$77,609
- Average weekly wage, Miami-Dade County$1,492
- Housing units permitted, Miami-Dade County10,608
- Of those, single family, Miami-Dade County2,231
- County product, 2024, Miami-Dade County$260,837,199,000
- County product change over the prior year, Miami-Dade County6.6 percent
- Average income of an arriving household, Miami-Dade County$175,619
Every figure in this section is published for Miami-Dade County as a whole and is not a measurement of Miami. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Miami questions, answered from the record.
How many people live in Miami, Florida?
459,745, in 194,821 households. Miami city covers 36.00 square miles of land, which is 12,772 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Miami in?
Miami-Dade County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Miami?
$62,462. The median owner-occupied home is valued at $518,100. Median gross rent is $1,758 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Miami businesses?
3,052 7(a) approvals totalling $1.14 bn, across 133 lenders, median approval $150,000, plus 863 504 approvals worth $682.9 m. These count approvals to borrowers whose address is in Miami, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Miami borrowers get paid back?
Of the 522 loans that have reached a final outcome, 382 were paid in full and 140 charged off, a charge off rate of 26.8 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Miami in the National Flood Insurance Program?
Yes. Miami appears in the FEMA Community Status Book as community 120650, carrying Community Rating System class 6, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Miami figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Miami-Dade County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Miami.
Is zoning published for Miami?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.