Are you mulling over moving to Miami, Florida?
Miami is one of the leading hubs in commerce, finance, culture, fashion, media, film, international trades, and entertainment.
If you’d like to live in a lively city with warm weather all year round, moving to Miami, Florida is perfect for you.
Known for being an international melting pot of culture, Miami’s music scene, electrifying nightlife, and no-income-tax make it one of America’s most coveted cities.
If you’re considering moving to Miami and wondering if the city is right for you or not, this guide contains the key things you need to know about the Magic City to make the right decision.
Miami is home to 478,251 people. The Magic City appeals to people of all lifestyles and ages making it a melting pot of cultures that makes it a unique city. The following is a simple breakdown of the city’s population since you’re considering moving to Miami:
Miami’s average one-way commute time takes 28.1 minutes. The national average is 26.4 minutes. That means the average commute time in Miami is longer than the U.S. average. If you’re moving to Miami, we’ve collated key data about how people in the city commute to work. Check the stats below:
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Miami gets 248 sunny days per year. The national average is 205 sunny days per year. If the weather is one of the key things you’d like to consider before moving to Miami, you’d be glad to learn that the Magic City has great weather. Check out the city key weather stats:
If you’re wondering why moving to Miami seems like such a great idea, we’ve made a top ten list of why the Magic City is appealing to many people
Check out the list below:
Before making up your mind about moving to Miami, check out the pros and cons of living in the city.
This will give you an idea of what to expect if you’re moving to Miami:
Pros of living in Miami | Cons of living in Miami |
---|---|
The number of things you can do to have fun in Miami is almost endless | High crime rates are reported in some Miami neighborhoods |
Moving to Miami means you’ll get a taste of Latin America in the U.S. | Some new residents struggle to get used to the weather in Miami |
You’ll enjoy the best of Cuban food in Miami | Drivers in Miami can be really terrible |
If you love the exciting nightlife, move to Miami | Miami is a hot and humid city |
No one gets late in Miami | You’ll have to put up with the city’s high cost of living |
If you love beaches, you’ll love Miami | High housing costs |
There are a lot of park spaces in Miami | The city has an average job market |
You’ll find lots of public transport options in Miami | Traffic is terrible in Miami |
Florida is a tax-friendly state | You’ll have to put up with tropical storms in Miami |
If you love exotic animals, you’ll love Miami | The sky isn’t always sunny in Miami |
While you’re planning to move to Miami, chances are that you’ll be interested in living in some of the best neighborhoods in Magic City. Here are the ten best neighborhoods to live in Miami:
Rank | Neighborhood | Population | Home Value | Median Income |
---|---|---|---|---|
1 | Coral Way | 59,189 | $311,115 | $49,574 |
2 | North Coconut Grove | 10,440 | $592,500 | $99,136 |
3 | Downtown | 30,065 | $273,208 | $71,374 |
4 | Flagami | 59,021 | $151,929 | $30,687 |
5 | West Flagler | 49,734 | $229,267 | $31,236 |
6 | South Coconut Grove | 7,956 | $538,740 | $83,666 |
7 | Little Havana | 56,682 | $116,936 | $24,491 |
8 | Upper Eastside | 7,725 | $341,260 | $51,180 |
9 | Wynwood | 17,923 | $156,805 | $53,417 |
10 | Allapattah | 48,321 | $107,909 | $23,663 |
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The cost of living in Miami is 123.1. The national average is 100.
That means the average cost of living in Miami is higher than the U.S. average. Since you’re considering moving to Miami, you should be aware that the city's top-quality lifestyle and high standard of living contribute to its cost of living.
Cost of living | Miami | Florida | United States |
---|---|---|---|
Overall | 123.1 | 102.8 | 100 |
Grocery | 107.3 | 102.8 | 100 |
Health | 98.8 | 98 | 100 |
Housing | 142.7 | 102.6 | 100 |
Miscellaneous | 104.8 | 96.9 | 100 |
Utilities | 95.5 | 101.3 | 100 |
Transportation | 144.5 | 112.6 | 100 |
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START MY QUOTEMiami’s real estate market is one of the most coveted in the entire United States. If you’re interested in buying a property in the Magic City, we’ve collated key stats about the city’s housing market to give you a head start. Check out the following key stats:
If renting a home is your preferred housing option in Miami, you’ll find various home types and sizes to choose from in different neighborhoods. The following are the average home rental costs in Miami:
If you’re interested in getting a job after moving to Miami, we’ve collated key stats about Magic City’s job market to give you a head start.
Check out the stats below:
Employment Information | Miami, Florida | United States |
---|---|---|
The income per Cap | $25,067 | $31,177 |
Household Income | $33,999 | $57,652 |
Unemployment Rate | 8.3 | 6.0% |
Recent Job Growth | -11.09% | -6.18% |
Future Job Growth | 42.66% | 33.51% |
If you’re interested in getting a new job after moving to Miami, you’ll most likely be interested in the average pay in Magic City. The following are the average salary and income in Miami:
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START MY QUOTEIf you’re interested in getting one of the highest-paying jobs in Miami, we have a list here. You certainly need some bucks if you’re moving to Miami. Check out this list of the top career options in the Magic City:
Rank | Job Title | Average Salary | Entry Level Salary | # Of People |
---|---|---|---|---|
1 | Airline Pilots, Copilots, and Flight Engineers | $239,250 | $118,720 | 3,400 |
2 | Obstetricians and Gynecologists | $237,480 | $108,880 | 250 |
3 | Physicians, All Other; and Ophthalmologists, Except Pediatric | $214,380 | $46,020 | 10,070 |
4 | Surgeons, Except Ophthalmologists | $213,610 | $46,970 | 690 |
5 | Dentists, General | $209,510 | $104,300 | 2,260 |
6 | Nurse Anesthetists | $193,540 | $137,250 | 1,740 |
7 | Judges, Magistrate Judges, and Magistrates | $175,690 | $125,860 | 370 |
8 | Family Medicine Physicians | $172,390 | $85,180 | 2,630 |
9 | Lawyers | $169,480 | $50,150 | 18,790 |
10 | Pediatricians, General | $163,300 | $62,030 | 330 |
Miami’s robust economy is backed by several leading industries. Moving to Miami means you can get the chance to invest or work in any of the leading industries in Magic City. Here’s a list of the leading industries in Miami:
Moving to Miami means paying a similar tax as the rest of Florida.
The following are the key taxes Miamians are required to pay:
Miami is one of the most fun cities in the United States.
Moving to Miami means you’ll have as much fun as you want. We’ve made a list of the best things you can do in the city to have fun. Check out the list below:
If you’re interested in moving to Miami, you’ll most likely be concerned about crime rates in the city. To make it easier for you to make a fair comparison, we’ve collated key stats about Miami’s crime rates:
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Statistic | Count Raw | Miami/ 100k People | Florida/ 100k People | National/ 100k People |
---|---|---|---|---|
Total Crimes Per 100K | 20,474 | 4,260.9 | 2,524.1 | 2,476.7 |
Murder | 43 | 8.9 | 5.2 | 5.0 |
Robbery | 769 | 160.0 | 75.5 | 81.6 |
Aggravated Assault | 1,886 | 392.5 | 258.3 | 250.2 |
Violent Crime | 2,850 | 593.1 | 378.4 | 366.7 |
Burglary | 1,771 | 368.6 | 295.2 | 340.5 |
Larceny | 14,219 | 2,959.2 | 1,668.7 | 1,549.5 |
Car Theft | 1,634 | 340.1 | 181.8 | 219.9 |
Property Crime | 17,624 | 3,667.8 | 2,145.7 | 2,109.9 |
If you’re moving to Miami and have school-age kids or are interested in schooling, you may be interested in the best schools in the city.
To make it easier for you to pick the right choice, we’ve created a list of the best schools in the city to help you get started if you’re moving to Miami.
Dr. Manuel C. Barreiro Elementary School
Miami-Dade, Public, PK-5 | 700 students, Rating: 10/10
Highly Inquisitive and Versatile Education (HIVE) Preparator
Miami-Dade, Charter, K-8 | 730 students, Rating: 10/10
I Preparatory Academy
Miami-Dade, Public, PK-12 | 859 students, Rating: 10/10
Academy Charter School West
Miami-Dade, Charter, K-8 | 619 students, Rating: 10/10
Pinecrest Academy (North Campus)
Miami-Dade, Charter, K-8 | 494 students, Rating: 10/10
International Studies Charter Middle School
Miami-Dade, Charter, 6-8 | 320 students, Rating: 10/10
Highly Inquisitive and Versatile Education (HIVE) Preparator
Miami-Dade, Charter, K-8 | 730 students, Rating: 10/10
I Preparatory Academy
Miami-Dade, Public, Public, PK-12 | 859 students, Rating: 10/10
Academy Charter School West
Miami-Dade, Charter, K-8 | 619 students, Rating: 10/10
Pinecrest Academy (North Campus)
Miami-Dade, Charter, K-8 | 494 students, Rating: 10/10
Archimedean Upper Conservatory
Miami-Dade, Charter, 9-12 | 328 students, Rating: 10/10
Terra Environmental Research Institute
Miami-Dade, Public, 9-12 | 1847 students, Rating: 10/10
I Preparatory Academy
Miami-Dade, Public, PK-12 | 859 students, Rating: 10/10
School for Advanced Studies-Wolfson
Miami-Dade, Public, 11-12 | 126 students, Rating: 10/10
International Studies Charter High School
Miami-Dade, Charter, 9-12 | 401 students, Rating: 10/10
University of Miami
Florida International University
Florida Atlantic University
Miami Regional University
Nova Southeastern University
Florida Memorial University
St. John Vianney College Seminary
Keiser University-Ft Lauderdale
Florida National University-Main Campus
Lynn University
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