Living in Miami, Arizona

Cost of living, income, home prices, rent and demographics of Miami · Census data 2020–2024

Miami has 1,405 residents with a median age of 38.9. The median household income is $40,875 (49% lower than the Arizona median), the median home value is $78,100, the median rent is $954/month.

Miami is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Miami at a glance

Population
1,405
Median age
38.9State: 39
Median household income
$40,875State: $79,964
Median home value
$78,100State: $394,500
Median rent
$954/moState: $1,543
Homeowners
57.4%
Bachelor's degree or higher
18.1%
Average commute
18 min

Is Miami a good place to live?

Pros: Home values 80% lower than the state median; an average commute of 18 minutes.

Cons: Median household income 49% lower than the Arizona median; unemployment of 17.3%; a poverty rate of 26.4%.

The weather is best in March–April and October–November.

Cost of living in Miami

Housing is the biggest part of the cost of living. In Miami the median home value is $78,100, 77% lower than the U.S. median. Renters pay a median of $954 per month, which is 29.5% of household income. Homeowners with a mortgage pay $1,281 a month in housing costs.

Median home value

Miami$78,100
Arizona$394,500
United States$332,700

Median monthly rent

Miami$954
Arizona$1,543
United States$1,413

Miami median household income

The median household income in Miami is $40,875 and the income per person is $22,283. 26.4% of residents live below the poverty line (Arizona: 12.5%).

Median household income

Miami$40,875
Arizona$79,964
United States$80,734

Housing in Miami: homes for sale and rent

Housing units
845
Owner-occupied
57.4%
Renter-occupied
42.6%
Vacant
35%Includes seasonal homes
Median year built
1951
Average household size
2.56

35% of homes are vacant most of the year, a sign that Miami has many vacation and second homes.

Miami demographics

Population
1,405
Median age
38.9
Under 18
26.4%
65 and older
22.8%
Households
549
Foreign-born
9.5%
Veterans
6.8%Adults 18+

Race and ethnicity

White50.6%
Hispanic or Latino45.3%
Black0%
Asian0.1%

Hispanic or Latino can be of any race. Population history of Miami ›

Education in Miami

18.1% of adults 25 and older in Miami have a bachelor's degree or higher (Arizona: 33.3%), and 4.8% have a graduate or professional degree.

Bachelor's degree or higher

Miami18.1%
Arizona33.3%
United States35.7%

Jobs and commute in Miami

Unemployment rate
17.3%State: 5.1%
Average commute
18 minState: 25 min
Work from home
6.9%
Drive alone
55.8%
Public transit
0%
Walk to work
4.6%
Homes with broadband
88.3%

Miami vs nearby towns

TownPopulationMedian incomeHome valueRent
Miami1,405$40,875$78,100$954
Claypool1,259$57,900$118,000—
Central Heights-Midland City2,909$61,400$120,600$994
Icehouse Canyon528$51,250$140,700—
Six Shooter Canyon811$57,902$236,800$923
Wheatfields329$71,172——
Pinal460$44,036$164,400$747
Globe7,195$69,170$206,700$858
Copper Hill163$61,203$224,100—

More for people moving to Miami

Miami ZIP code ›Weather and climate ›

Living in Miami: FAQ

What is the median household income in Miami, AZ?

The median household income in Miami is $40,875, 49% lower than the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Miami?

The median home value in Miami is $78,100, compared with $394,500 in Arizona.

How much is rent in Miami?

The median gross rent in Miami is $954 per month, about 29.5% of household income.

Is Miami, AZ a good place to live?

Pluses: home values 80% lower than the state median; an average commute of 18 minutes. Minuses: median household income 49% lower than the Arizona median; unemployment of 17.3%; a poverty rate of 26.4%.

What is the median age in Miami?

The median age in Miami is 38.9 years (Arizona: 39).

How long is the commute in Miami?

The average commute to work in Miami is 18 minutes; 6.9% of workers work from home.

What is the unemployment rate in Miami?

The unemployment rate in Miami is 17.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Miami?

18.1% of adults in Miami have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: