Living in Miami, Texas
Cost of living, income, home prices, rent and demographics of Miami · Census data 2020–2024
Miami has 523 residents with a median age of 39.4. The median household income is $65,000 (17% lower than the Texas median), the median home value is $122,500, the median rent is $845/month.
Miami is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Miami at a glance
- Population
- 523
- Median age
- 39.4State: 35.6
- Median household income
- $65,000State: $78,476
- Median home value
- $122,500State: $283,800
- Median rent
- $845/moState: $1,403
- Homeowners
- 92.4%
- Bachelor's degree or higher
- 20.7%
- Average commute
- 20 min
Is Miami a good place to live?
Pros: Home values 57% lower than the state median; an average commute of 20 minutes; a poverty rate of 7.3%.
Cons: Median household income 17% lower than the Texas median.
The weather is best in April–May and September–October.
Cost of living in Miami
Housing is the biggest part of the cost of living. In Miami the median home value is $122,500, 63% lower than the U.S. median. Renters pay a median of $845 per month, which is 26.8% of household income. Homeowners with a mortgage pay $1,396 a month in housing costs.
Miami median household income
The median household income in Miami is $65,000 and the income per person is $29,724. 7.3% of residents live below the poverty line (Texas: 13.8%).
Housing in Miami: homes for sale and rent
- Housing units
- 223
- Owner-occupied
- 92.4%
- Renter-occupied
- 7.6%
- Vacant
- 11.2%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.64
Miami demographics
- Population
- 523
- Median age
- 39.4
- Under 18
- 32.3%
- 65 and older
- 15.7%
- Households
- 198
- Foreign-born
- 0%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Miami ›
Education in Miami
20.7% of adults 25 and older in Miami have a bachelor's degree or higher (Texas: 33.8%), and 1.5% have a graduate or professional degree.
Jobs and commute in Miami
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 20 minState: 27 min
- Work from home
- 1.9%
- Drive alone
- 82.2%
- Public transit
- 0%
- Walk to work
- 5.4%
- Homes with broadband
- 88.9%
Miami vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Miami | 523 | $65,000 | $122,500 | $845 |
| Lefors | 557 | $52,188 | $34,600 | $892 |
| Pampa | 16,659 | $56,626 | $100,700 | $934 |
| Canadian | 2,241 | $58,811 | $161,600 | $805 |
| Wheeler | 1,431 | $56,346 | $159,000 | $994 |
| Allison | 101 | $152,917 | — | — |
| Skellytown | 457 | $55,625 | $38,700 | $850 |
| McLean | 799 | $63,000 | $76,000 | $933 |
| White Deer | 1,191 | $87,292 | $116,700 | $866 |
More for people moving to Miami
Miami ZIP code ›Weather and climate ›Living in Miami: FAQ
What is the median household income in Miami, TX?
The median household income in Miami is $65,000, 17% lower than the Texas median of $78,476 (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 $122,500, compared with $283,800 in Texas.
How much is rent in Miami?
The median gross rent in Miami is $845 per month, about 26.8% of household income.
Is Miami, TX a good place to live?
Pluses: home values 57% lower than the state median; an average commute of 20 minutes; a poverty rate of 7.3%. Minuses: median household income 17% lower than the Texas median.
What is the median age in Miami?
The median age in Miami is 39.4 years (Texas: 35.6).
How long is the commute in Miami?
The average commute to work in Miami is 20 minutes; 1.9% of workers work from home.
What is the unemployment rate in Miami?
The unemployment rate in Miami is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Miami?
20.7% 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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