2,732
Miami, FL, USA apartments for sale
Miami
According to statistics, the population in Miami, FL amounts to 470,911, which shows growth 2% compared to the previous year. The median age of the city’s residents is 41. The average household income is $41,818, shifting growth 4% from the past year, and the average property value in Miami, FL growth 9% to $350,400 throughout the year.
| Population | 470,911 |
| Median Age | 40.5 |
| Poverty Rate | 26% |
| Household Income | $41,818 |
| Number Of Employees | 235,956 |
| Median Property Value | $350,400 |
What is the Average Price of Apartments for Sale in Miami, FL?
| Month | Median Price |
|---|---|
| Oct 2023 |
$1,980,105
|
| Sep 2023 |
$738,274
|
| Aug 2023 |
$738,274
|
| Jul 2023 |
$527,558
|
| Jun 2023 |
$451,965
|
| May 2023 |
$248,666
|
| Month | Median Price |
|---|---|
| Oct 2023 |
$2,579,862
|
| Sep 2023 |
$1,279,007
|
| Aug 2023 |
$613,299
|
| Jul 2023 |
$587,868
|
| Jun 2023 |
$1,104,842
|
| May 2023 |
$1,268,391
|
Household Income
The average household income in Miami, FL grew from $40,327 to $41,818 in the past year. This data is an estimate based upon 182,631 households in Miami, FL . The chart below presents how household income is distributed in Miami, FL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Miami, FL shifted from $322,100 to $350,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Miami, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Miami, FL properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Miami, FL compared to median property taxes around the country. The prevalent amount of property taxes in Miami, FL equals $3000, which is less than the national average.