Living in Miami Lakes, Florida
Cost of living, income, home prices, rent and demographics of Miami Lakes · Census data 2020–2024
Miami Lakes has 31,553 residents with a median age of 41.3. The median household income is $101,557 (36% higher than the Florida median), the median home value is $626,400, the median rent is $2,120/month.
Miami Lakes at a glance
- Population
- 31,553
- Median age
- 41.3State: 42.6
- Median household income
- $101,557State: $74,568
- Median home value
- $626,400State: $359,000
- Median rent
- $2,120/moState: $1,669
- Homeowners
- 59.8%
- Bachelor's degree or higher
- 43.7%
- Average commute
- 33 min
Is Miami Lakes a good place to live?
Pros: Median household income 36% higher than the Florida median; unemployment of 3.1%; a poverty rate of 6%.
Cons: Home values 74% higher than the state median; an average commute of 33 minutes.
The weather is best in December to March.
Cost of living in Miami Lakes
Housing is the biggest part of the cost of living. In Miami Lakes the median home value is $626,400, 88% higher than the U.S. median. Renters pay a median of $2,120 per month, which is 27.9% of household income. Homeowners with a mortgage pay $3,163 a month in housing costs.
Miami Lakes median household income
The median household income in Miami Lakes is $101,557 and the income per person is $45,751. 6% of residents live below the poverty line (Florida: 12.6%).
Housing in Miami Lakes: homes for sale and rent
- Housing units
- 11,346
- Owner-occupied
- 59.8%
- Renter-occupied
- 40.2%
- Vacant
- 2.8%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.86
Miami Lakes demographics
- Population
- 31,553
- Median age
- 41.3
- Under 18
- 20%
- 65 and older
- 15.1%
- Households
- 11,032
- Foreign-born
- 48.2%
- Veterans
- 2.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Miami Lakes ›
Education in Miami Lakes
43.7% of adults 25 and older in Miami Lakes have a bachelor's degree or higher (Florida: 34.1%), and 17% have a graduate or professional degree.
Jobs and commute in Miami Lakes
- Unemployment rate
- 3.1%State: 4.8%
- Average commute
- 33 minState: 28 min
- Work from home
- 11.3%
- Drive alone
- 74.9%
- Public transit
- 1.2%
- Walk to work
- 0.9%
- Homes with broadband
- 96.6%
Miami Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Miami Lakes | 31,553 | $101,557 | $626,400 | $2,120 |
| Palm Springs North | 5,410 | $99,438 | $550,500 | $2,860 |
| Country Club | 51,296 | $75,212 | $378,600 | $1,899 |
| Hialeah Gardens | 22,915 | $65,439 | $342,000 | $1,946 |
| Hialeah | 226,165 | $55,594 | $392,000 | $1,689 |
| Opa-locka | 16,282 | $37,532 | $295,800 | $1,351 |
| Medley | 988 | $40,735 | $87,300 | $1,320 |
| Miramar | 138,600 | $89,125 | $462,700 | $2,117 |
| Westview | 12,107 | $57,563 | $379,400 | $1,103 |
More for people moving to Miami Lakes
Miami Lakes ZIP code ›Weather and climate ›Living in Miami Lakes: FAQ
What is the median household income in Miami Lakes, FL?
The median household income in Miami Lakes is $101,557, 36% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Miami Lakes?
The median home value in Miami Lakes is $626,400, compared with $359,000 in Florida.
How much is rent in Miami Lakes?
The median gross rent in Miami Lakes is $2,120 per month, about 27.9% of household income.
Is Miami Lakes, FL a good place to live?
Pluses: median household income 36% higher than the Florida median; unemployment of 3.1%; a poverty rate of 6%. Minuses: home values 74% higher than the state median; an average commute of 33 minutes.
What is the median age in Miami Lakes?
The median age in Miami Lakes is 41.3 years (Florida: 42.6).
How long is the commute in Miami Lakes?
The average commute to work in Miami Lakes is 33 minutes; 11.3% of workers work from home.
What is the unemployment rate in Miami Lakes?
The unemployment rate in Miami Lakes is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Miami Lakes?
43.7% of adults in Miami Lakes 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.
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