Living in Miami, Missouri

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

Miami has 71 residents with a median age of 32.4. The median household income is $46,250 (35% lower than the Missouri median), the median home value is $156,900.

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

Miami at a glance

Population
71
Median age
32.4State: 39
Median household income
$46,250State: $70,702
Median home value
$156,900State: $230,300
Homeowners
80.8%
Bachelor's degree or higher
10.6%
Average commute
26 min

Is Miami a good place to live?

Pros: Home values 32% lower than the state median; a poverty rate of 8.5%.

Cons: Median household income 35% lower than the Missouri median; an average commute of 26 minutes; unemployment of 11.4%.

The weather is best in May–June and August–September.

Cost of living in Miami

Housing is the biggest part of the cost of living. In Miami the median home value is $156,900, 53% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,775 a month in housing costs.

Median home value

Miami$156,900
Missouri$230,300
United States$332,700

Median monthly rent

Missouri$1,033
United States$1,413

Miami median household income

The median household income in Miami is $46,250 and the income per person is $23,844. 8.5% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Miami$46,250
Missouri$70,702
United States$80,734

Housing in Miami: homes for sale and rent

Housing units
62
Owner-occupied
80.8%
Renter-occupied
19.2%
Vacant
58.1%Includes seasonal homes
Median year built
1938
Average household size
2.73

58.1% of homes are vacant most of the year, a sign that Miami has many vacation and second homes.

Miami demographics

Population
71
Median age
32.4
Under 18
25.4%
65 and older
18.3%
Households
26
Foreign-born
0%
Veterans
3.8%Adults 18+

Race and ethnicity

White85.9%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Miami

10.6% of adults 25 and older in Miami have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Miami10.6%
Missouri32.4%
United States35.7%

Jobs and commute in Miami

Unemployment rate
11.4%State: 4%
Average commute
26 minState: 24 min
Work from home
29%
Drive alone
64.5%
Public transit
0%
Walk to work
0%
Homes with broadband
65.4%

Miami vs nearby towns

TownPopulationMedian incomeHome valueRent
Miami71$46,250$156,900—
Brunswick859$39,531$76,100$472
Slater2,066$39,479$85,300$545
Malta Bend211$46,875$91,000—
Bosworth202$46,923$40,000$842
Gilliam324$39,728$85,800$588
Marshall13,739$54,437$147,900$761
Carrollton3,145$49,777$110,200$834
Keytesville435$40,682$86,300$447

More for people moving to Miami

Miami ZIP code ›Weather and climate ›

Living in Miami: FAQ

What is the median household income in Miami, MO?

The median household income in Miami is $46,250, 35% lower than the Missouri median of $70,702 (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 $156,900, compared with $230,300 in Missouri.

Is Miami, MO a good place to live?

Pluses: home values 32% lower than the state median; a poverty rate of 8.5%. Minuses: median household income 35% lower than the Missouri median; an average commute of 26 minutes; unemployment of 11.4%.

What is the median age in Miami?

The median age in Miami is 32.4 years (Missouri: 39).

How long is the commute in Miami?

The average commute to work in Miami is 26 minutes; 29% of workers work from home.

What is the unemployment rate in Miami?

The unemployment rate in Miami is 11.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Miami?

10.6% 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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