What is the median household income in South Beach, FL?
The median household income in South Beach, FL is $193,594 (±$44,107) a year (2020–2024 American Community Survey).
In South Beach, the median household income went from $134,917 in 2015–2019 to $193,594 in 2020–2024 (+43.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $193,594 (±$44,107)
- Median renter income
- $194,688 (±$185,934)
Income in South Beach against Indian River County, its state and the nation
| South Beach | Indian River County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $193,594 (±$44,107) | $73,491 (±$1,900) | $74,568 (±$284) | $80,734 |
| Median renter household income | $194,688 (±$185,934) | $46,812 (±$3,587) | $53,617 (±$353) | $52,966 |
| Median owner household income | $191,705 (±$45,131) | $79,853 (±$3,631) | $88,144 (±$469) | $100,009 |
| Median gross rent | $3,500 or more | $1,357 (±$58) | $1,669 (±$5) | $1,413 |
In South Beach, median household income is higher than in Indian River County ($73,491).
It is also higher than in Florida ($74,568).
It is higher than the national figure ($80,734).
In Indian River County, South Beach ranks 2 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 10 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $134,917 (±$51,153) | $193,594 (±$44,107) | +43.5% | No measurable change after inflation |
| Median home value | $699,200 (±$56,481) | $900,700 (±$99,509) | +28.8% | No measurable change 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.
Median household income in places near South Beach
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| South Beach | — | $193,594 (±$44,107) | — |
| Florida Ridge | 3.1 mi | $66,625 (±$3,596) | Lower |
| Lakewood Park | 4.1 mi | $64,023 (±$5,862) | Lower |
| St. Lucie Village | 5.3 mi | $77,386 (±$42,081) | Lower |
| Vero Beach South | 5.8 mi | $73,420 (±$3,220) | Lower |
| Vero Beach | 6.2 mi | $69,758 (±$6,028) | Lower |
| Fort Pierce North | 7.1 mi | $40,228 (±$11,491) | Lower |
| Gifford | 8.9 mi | $33,175 (±$7,135) | Lower |
| Indian River Shores | 9.8 mi | $156,037 (±$43,970) | Not measurably different |
Nearby places with a measurably lower figure: Florida Ridge, FL ($66,625), Lakewood Park, FL ($64,023), St. Lucie Village, FL ($77,386).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Indian River County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Orchid | $250,000 or more |
| 2 | South Beach | $193,594 (±$44,107) |
| 3 | Indian River Shores | $156,037 (±$43,970) |
| 4 | Wabasso Beach | $115,739 (±$50,233) |
| 5 | Winter Beach | $92,394 (±$25,500) |
| 6 | Vero Lake Estates | $83,199 (±$22,506) |
| 7 | Vero Beach South | $73,420 (±$3,220) |
| 8 | Vero Beach | $69,758 (±$6,028) |
Showing 8 of 15 places in Indian River County, ranked from highest to lowest.
South Beach is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 South Beach
What is the median household income in South Beach?
The median household income in South Beach is $193,594 (±$44,107) a year (2020–2024 American Community Survey).
Have incomes in South Beach kept up with inflation?
In South Beach, the median household income went from $134,917 in 2015–2019 to $193,594 in 2020–2024 (+43.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in South Beach?
The median renting household in South Beach, FL earns $194,688 (±$185,934) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — South Beach CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — South Beach CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Beach CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — South Beach CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Beach CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — South Beach CDP, 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) and detailed tables (acs/acs5) for South Beach CDP, Florida (place:67192, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 South Beach at a glance
- Home values in South Beach
- Homeowner costs in South Beach
- Property taxes in South Beach
- Types of homes in South Beach
- Bedrooms in South Beach
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- Population growth in South Beach
- How long people stay in South Beach
- Florida landlord and tenant rules
- Housing across Indian River County
- Florida places ranked by median household income
- Housing data for every place in Florida