Is Miami, FL growing?
Miami, FL had an estimated 459,745 (±138) residents in 2020–2024, against 454,279 in 2015–2019.
That is a change of +1.2%, a measurable increase.
Its housing went from 208,046 to 223,826 homes (+7.6%), a measurable increase.
3.2% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 459,745 (±138)
- Amount of change
- +1.2%
- Homes change
- +7.6%
- Built 2020 or later
- 3.2%
Residents and homes in Miami, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 454,279 (±101) | 459,745 (±138) | +1.2% | Measurable increase |
| Housing units | 208,046 (±2,223) | 223,826 (±2,313) | +7.6% | Measurable increase |
| Households that rent | 70.4% (±0.7 points) | 69.2% (±0.8 points) | −1.2 percentage points | Measurable decrease |
| Median gross rent | $1,183 (±$14) | $1,758 (±$26) | +48.6% | Up after inflation |
| Median home value | $317,700 (±$8,981) | $518,100 (±$19,775) | +63.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Miami against Miami-Dade County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Miami | +1.2% | Measurable increase | +7.6% |
| Miami-Dade County | +1.4% | Measurable increase | +6.9% |
| Florida | +7.2% | Measurable increase | +8.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Miami
| Year built | Miami | Miami-Dade County | Florida | United States |
|---|---|---|---|---|
| 2020 or later | 3.2% (±0.3 points) | 1.9% | 3.2% | 2.0% |
| 2010 to 2019 | 16.1% (±0.7 points) | 9.5% | 11.0% | 9.4% |
| 2000 to 2009 | 17.2% (±0.7 points) | 12.9% | 18.1% | 13.6% |
19.3% of the homes in Miami were built in 2010 or later.
The median age of residents is 39.3 years.
Growth in places near Miami
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Miami | — | 459,745 | +1.2% | Measurable increase |
| Brownsville | 3.8 mi | 16,936 | −0.7% | Not a measurable change |
| Fisher Island | 4.2 mi | 1,026 | +167.9% | Measurable increase |
| Miami Beach | 4.5 mi | 82,031 | −9.0% | Measurable decrease |
| Gladeview | 4.9 mi | 16,655 | +28.3% | Measurable increase |
| El Portal | 5.6 mi | 1,809 | −8.1% | Not a measurable change |
| West Miami | 5.6 mi | 7,162 | −8.0% | Measurable decrease |
| Miami Springs | 5.9 mi | 13,726 | −3.0% | Measurable decrease |
| West Little River | 5.9 mi | 33,890 | +3.0% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Miami
Is Miami growing?
Miami, FL had an estimated 459,745 residents in 2020–2024 and 454,279 in 2015–2019, a change of +1.2%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Miami?
The estimated number of housing units went from 208,046 in 2015–2019 to 223,826 in 2020–2024 (+7.6%), a measurable increase.
How much new construction is there in Miami?
3.2% of homes in Miami were built in 2020 or later and 16.1% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Miami city, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Miami city, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Miami city, Florida
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Miami city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Miami city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Miami city, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Miami city, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Miami city, Florida (place:45000, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Miami at a glance
- Median rent in Miami
- Rent by bedrooms in Miami
- Rent burden in Miami
- Renters and owners in Miami
- Income and affordability in Miami
- Home values in Miami
- Homeowner costs in Miami
- Property taxes in Miami
- Types of homes in Miami
- Bedrooms in Miami
- Age of homes in Miami
- Vacancy rate in Miami
- Heating fuel in Miami
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- Crime reported to police in Miami
- How long people stay in Miami
- Crowding and facilities in Miami
- Fair Market Rent in Miami
- Florida landlord and tenant rules
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- Housing data for every place in Florida