Living in Miami Springs, Florida

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

Miami Springs has 13,726 residents with a median age of 44.2. The median household income is $87,099 (17% higher than the Florida median), the median home value is $560,800, the median rent is $1,441/month.

Miami Springs at a glance

Population
13,726
Median age
44.2State: 42.6
Median household income
$87,099State: $74,568
Median home value
$560,800State: $359,000
Median rent
$1,441/moState: $1,669
Homeowners
61.1%
Bachelor's degree or higher
40.8%
Average commute
28 min

Is Miami Springs a good place to live?

Pros: Median household income 17% higher than the Florida median; unemployment of 1.7%; a poverty rate of 10%.

Cons: Home values 56% higher than the state median; an average commute of 28 minutes.

The weather is best in December to March.

Cost of living in Miami Springs

Housing is the biggest part of the cost of living. In Miami Springs the median home value is $560,800, 69% higher than the U.S. median. Renters pay a median of $1,441 per month, which is 41.9% of household income. Homeowners with a mortgage pay $2,928 a month in housing costs.

Median home value

Miami Springs$560,800
Florida$359,000
United States$332,700

Median monthly rent

Miami Springs$1,441
Florida$1,669
United States$1,413

Miami Springs median household income

The median household income in Miami Springs is $87,099 and the income per person is $51,400. 10% of residents live below the poverty line (Florida: 12.6%).

Median household income

Miami Springs$87,099
Florida$74,568
United States$80,734

Housing in Miami Springs: homes for sale and rent

Housing units
5,648
Owner-occupied
61.1%
Renter-occupied
38.9%
Vacant
3.6%Includes seasonal homes
Median year built
1958
Average household size
2.45

Miami Springs demographics

Population
13,726
Median age
44.2
Under 18
18.7%
65 and older
18.6%
Households
5,447
Foreign-born
47%
Veterans
4.9%Adults 18+

Race and ethnicity

White37.3%
Hispanic or Latino79.9%
Black1.4%
Asian0%

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

Education in Miami Springs

40.8% of adults 25 and older in Miami Springs have a bachelor's degree or higher (Florida: 34.1%), and 18.8% have a graduate or professional degree.

Bachelor's degree or higher

Miami Springs40.8%
Florida34.1%
United States35.7%

Jobs and commute in Miami Springs

Unemployment rate
1.7%State: 4.8%
Average commute
28 minState: 28 min
Work from home
20.2%
Drive alone
63.8%
Public transit
1%
Walk to work
2.2%
Homes with broadband
91.8%

Miami Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Miami Springs13,726$87,099$560,800$1,441
Virginia Gardens2,423$70,469$457,600$1,689
Brownsville16,936$40,795$325,200$1,252
Gladeview16,655$47,469$402,600$1,341
Hialeah226,165$55,594$392,000$1,689
West Little River33,890$56,436$375,300$1,482
Doral79,216$94,164$562,800$2,669
West Miami7,162$61,274$488,800$2,210
Medley988$40,735$87,300$1,320

More for people moving to Miami Springs

Miami Springs ZIP code ›Weather and climate ›

Living in Miami Springs: FAQ

What is the median household income in Miami Springs, FL?

The median household income in Miami Springs is $87,099, 17% 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 Springs?

The median home value in Miami Springs is $560,800, compared with $359,000 in Florida.

How much is rent in Miami Springs?

The median gross rent in Miami Springs is $1,441 per month, about 41.9% of household income.

Is Miami Springs, FL a good place to live?

Pluses: median household income 17% higher than the Florida median; unemployment of 1.7%; a poverty rate of 10%. Minuses: home values 56% higher than the state median; an average commute of 28 minutes.

What is the median age in Miami Springs?

The median age in Miami Springs is 44.2 years (Florida: 42.6).

How long is the commute in Miami Springs?

The average commute to work in Miami Springs is 28 minutes; 20.2% of workers work from home.

What is the unemployment rate in Miami Springs?

The unemployment rate in Miami Springs is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Miami Springs?

40.8% of adults in Miami Springs 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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