The small city of Miami Beach, Florida is home to approximately 92,000 people. The city's population, with an average age of just over 42, is middle-of-the-pack compared to other cities in Florida, which has an average age of 41. Home ownership is less common than renting in Miami Beach, and 37% of residents own their homes despite an average rent of $1,320/month, which exceeds the state average by $167/month.
Compared to the national average (7%), Miami Beach has a large percentage of residents over the age of 25 who have advanced degrees, as 12% have earned a Master's or a Doctorate. Additionally, 20% have earned a Bachelor's degree, which also outpaces the national average. Many Miami Beach residents work in one of four industries: entertainment, retail, scientific, and healthcare. Combined, these industries make up 31% of the labor force in the city. Meanwhile, looking at job function, 10% of residents work in sales, which ranks as the top career path in the city. Miami Beach workers earn an average annual income of just over $73K, about $7,000 more than those elsewhere in the state. However, Miami Beach's average income is fairly average compared to the national level ($73,345).
Miami Beach has an average commute time of about 29 minutes. Many residents (34%) commute to work by car, while public transit isn't used extensively. A small percentage of residents (6%) commute to work on foot, though the number is much greater than the national average.