Living in Miami, Indiana
Cost of living, income, home prices, rent and demographics of Miami · Census data 2020–2024
Miami has 409 residents with a median age of 40.8. The median household income is $78,750 (9% higher than the Indiana median), the median rent is $905/month.
Miami is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Miami at a glance
- Population
- 409
- Median age
- 40.8State: 38.1
- Median household income
- $78,750State: $71,957
- Median rent
- $905/moState: $1,062
- Homeowners
- 64.8%
- Bachelor's degree or higher
- 12.4%
Is Miami a good place to live?
Pros: Median household income 9% higher than the Indiana median; a poverty rate of 7.6%.
Cons: Unemployment of 39.1%.
The weather is best in June to September.
Cost of living in Miami
Housing is the biggest part of the cost of living. In Miami the median home value is —. Renters pay a median of $905 per month, which is 21% of household income. Homeowners with a mortgage pay — a month in housing costs.
Miami median household income
The median household income in Miami is $78,750 and the income per person is $32,839. 7.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Miami: homes for sale and rent
- Housing units
- 194
- Owner-occupied
- 64.8%
- Renter-occupied
- 35.2%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.25
Miami demographics
- Population
- 409
- Median age
- 40.8
- Under 18
- 16.6%
- 65 and older
- 4.6%
- Households
- 182
- Foreign-born
- 0%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Miami ›
Education in Miami
12.4% of adults 25 and older in Miami have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Miami
- Unemployment rate
- 39.1%State: 4.3%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 74.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.6%
Miami vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Miami | 409 | $78,750 | — | $905 |
| Bunker Hill | 940 | $52,973 | $91,600 | $686 |
| Grissom AFB | 2,977 | $55,104 | $79,000 | $878 |
| Cassville | 279 | $72,269 | $163,700 | — |
| Galveston | 1,363 | $56,927 | $130,300 | $633 |
| Onward | 202 | $78,125 | — | — |
| Walton | 827 | $45,660 | $98,600 | $633 |
| Amboy | 338 | $51,667 | $121,300 | $800 |
| Peru | 10,901 | $46,159 | $92,500 | $826 |
More for people moving to Miami
Miami ZIP code ›Weather and climate ›Living in Miami: FAQ
What is the median household income in Miami, IN?
The median household income in Miami is $78,750, 9% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Miami?
The median gross rent in Miami is $905 per month, about 21% of household income.
Is Miami, IN a good place to live?
Pluses: median household income 9% higher than the Indiana median; a poverty rate of 7.6%. Minuses: unemployment of 39.1%.
What is the median age in Miami?
The median age in Miami is 40.8 years (Indiana: 38.1).
What is the unemployment rate in Miami?
The unemployment rate in Miami is 39.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Miami?
12.4% 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.
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