Living in North Miami, Florida

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

North Miami has 60,344 residents with a median age of 38.3. The median household income is $57,188 (23% lower than the Florida median), the median home value is $365,000, the median rent is $1,702/month.

North Miami at a glance

Population
60,344
Median age
38.3State: 42.6
Median household income
$57,188State: $74,568
Median home value
$365,000State: $359,000
Median rent
$1,702/moState: $1,669
Homeowners
43.5%
Bachelor's degree or higher
25.2%
Average commute
32 min

Is North Miami a good place to live?

Cons: Median household income 23% lower than the Florida median; home values about the same as the state median; an average commute of 32 minutes; unemployment of 6%; a poverty rate of 18.9%.

The weather is best in December to March.

Cost of living in North Miami

Housing is the biggest part of the cost of living. In North Miami the median home value is $365,000, 10% higher than the U.S. median. Renters pay a median of $1,702 per month, which is 42.6% of household income. Homeowners with a mortgage pay $2,071 a month in housing costs.

Median home value

North Miami$365,000
Florida$359,000
United States$332,700

Median monthly rent

North Miami$1,702
Florida$1,669
United States$1,413

North Miami median household income

The median household income in North Miami is $57,188 and the income per person is $26,813. 18.9% of residents live below the poverty line (Florida: 12.6%).

Median household income

North Miami$57,188
Florida$74,568
United States$80,734

Housing in North Miami: homes for sale and rent

Housing units
21,956
Owner-occupied
43.5%
Renter-occupied
56.5%
Vacant
8.1%Includes seasonal homes
Median year built
1967
Average household size
2.91

North Miami demographics

Population
60,344
Median age
38.3
Under 18
23.3%
65 and older
15.2%
Households
20,171
Foreign-born
54.6%
Veterans
1%Adults 18+

Race and ethnicity

White16.5%
Hispanic or Latino33.9%
Black53%
Asian1%

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

Education in North Miami

25.2% of adults 25 and older in North Miami have a bachelor's degree or higher (Florida: 34.1%), and 9.2% have a graduate or professional degree.

Bachelor's degree or higher

North Miami25.2%
Florida34.1%
United States35.7%

Jobs and commute in North Miami

Unemployment rate
6%State: 4.8%
Average commute
32 minState: 28 min
Work from home
9%
Drive alone
70.8%
Public transit
6.9%
Walk to work
2.2%
Homes with broadband
84.1%

North Miami vs nearby towns

TownPopulationMedian incomeHome valueRent
North Miami60,344$57,188$365,000$1,702
Biscayne Park3,085$77,083$674,300$1,529
North Miami Beach43,898$63,280$366,700$1,750
Biscayne Gardens35,472$55,165$414,800$1,534
Bay Harbor Islands5,847$89,663$653,500$2,442
Miami Shores11,752$144,050$864,400$2,657
Bal Harbour3,055$80,806$1,823,500$2,804
Surfside5,631$100,208$881,700$1,866
El Portal1,809$108,167$723,900$2,042

More for people moving to North Miami

North Miami ZIP code ›Weather and climate ›

Living in North Miami: FAQ

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

The median household income in North Miami is $57,188, 23% lower 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 North Miami?

The median home value in North Miami is $365,000, compared with $359,000 in Florida.

How much is rent in North Miami?

The median gross rent in North Miami is $1,702 per month, about 42.6% of household income.

Is North Miami, FL a good place to live?

Minuses: median household income 23% lower than the Florida median; home values about the same as the state median; an average commute of 32 minutes; unemployment of 6%; a poverty rate of 18.9%.

What is the median age in North Miami?

The median age in North Miami is 38.3 years (Florida: 42.6).

How long is the commute in North Miami?

The average commute to work in North Miami is 32 minutes; 9% of workers work from home.

What is the unemployment rate in North Miami?

The unemployment rate in North Miami is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is North Miami?

25.2% of adults in North 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.

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