Miami-Fort Lauderdale-West Palm Beach, FL Metro Area
Metro AreaPopulation: 6,138,876 (2023 estimate)
Core-Based Statistical Area (CBSA)
Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.
Trends 2017–2023
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Miami-Fort Lauderdale-West Palm Beach, FL Metro Area
- What is the median household income in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area?
- The median household income in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is $73,481 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area?
- The poverty rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is 9.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area?
- $405,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area?
- The median gross rent in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is $1,770 per month (U.S. Census Bureau ACS 2023).
- What percentage of Miami-Fort Lauderdale-West Palm Beach, FL Metro Area residents have a college degree?
- 35.6% of adults in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,138,876
Median Income
$73,481
Median Home Value
$405,600
Poverty Rate
9.8%
Unemployment (ACS 2023)
5.0%
Median Age
41.0 yrs
Since 2019
Median Income:
+$16,706 (+29.4%)
Home Value:
+$125,200 (+44.7%)
Poverty Rate:
-1.4 pp (-12.5%)
Bachelor's+:
+3.3 pp (+10.2%)
Unemployment:
-0.7 pp (-12.3%)
Demographics
Total Population
6,138,876
Median Age
41.0
Female
51.0%
Race & Ethnicity
Hispanic or Latino 46.0%
White (non-Hisp.) 28.2%
Black 20.3%
Asian 2.6%
Two or More 26.6%
Other 6.6%
Asian Subgroups (% of total pop.)
Indian
0.9%
Chinese
0.6%
Filipino
0.3%
Vietnamese
0.3%
Korean
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
18.4%
Puerto Rican
3.7%
Mexican
2.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$73,481
±$523
Per Capita Income
$109,070
Median Family Income
$85,469
Poverty Rate
9.8%
Child Poverty Rate
13.9%
Working-Age Poverty Rate
—
SNAP Recipients
16.3%
Social Security Income
—
Retirement Income
17.8%
Household Income Distribution
< $10k
5.3%
$10–15k
4.0%
$15–25k
7.1%
$25–35k
7.4%
$35–50k
10.9%
$50–75k
16.1%
$75–100k
12.6%
$100–150k
16.3%
$150–200k
8.3%
$200k+
11.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,662,397
Owner-Occupied
60.3%
Renter-Occupied
39.7%
Vacancy Rate
13.2%
Median Home Value
$405,600
Median Gross Rent
$1,770
Owner Cost Burden (30%+)
33.5%
Renter Cost Burden (30%+)
53.5%
Home Value Distribution
< $50k
3.2%
$50–100k
3.1%
$100–200k
4.2%
$200–300k
15.7%
$300–500k
34.1%
$500k–$1M
26.1%
$1M+
8.3%
Gross Rent Distribution
< $500
3.9%
$500–1k
6.5%
$1–1.5k
23.2%
$1.5–2k
30.3%
$2–2.5k
19.3%
$2.5–3.5k
8.6%
$3.5k+
8.2%
Vehicle Availability
No vehicle
7.8%
1 vehicle
39.7%
2 vehicles
36.2%
3+
16.3%
Housing Type
Single-fam. det.
41.4%
Single-fam. att.
9.7%
2–4 units
2.3%
5–19 units
5.4%
20+ units
27.9%
Mobile home
2.1%
Housing Age
Pre-1940
2.0%
1940–1969
2.6%
1970–1999
20.4%
2000–2009
12.8%
2010+
7.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
86.9%
Bachelor's or Higher
35.6%
Graduate Degree
13.8%
Some College / Associate
16.0%
Less Than High School
6.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.7%
Unemployment Rate
5.0%
Work from Home
12.9%
Self-Employed
7.5%
Government Workers
10.0%
Private For-Profit
82.2%
Industry
Edu/Health
20.8%
Prof. Services
14.8%
Retail
11.5%
Arts/Entmt.
10.2%
Construction
8.2%
Finance
8.1%
Transportation
7.4%
Manufacturing
4.7%
Public Admin
3.6%
Wholesale
2.9%
Information
1.8%
Agriculture
0.6%
Occupation
Management
38.6%
Sales
22.5%
Food Prep
19.2%
Production
10.5%
Construction
9.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
29.3 min
Drove Alone
71.3%
Carpool
9.2%
Public Transit
2.4%
Work from Home
12.9%
Walked
1.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,311,230
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
43.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
16.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.4%
5–9
5.4%
10–14
5.8%
15–19
5.7%
20–24
5.6%
25–34
12.9%
35–44
13.2%
45–54
13.6%
55–64
7.0%
65–74
6.4%
75–84
10.2%
85+
6.1%
Under 18: 20.1%
Working age (18–64): 79.9%
65 and over: 19.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
41.9%
Naturalized Citizen
60.2%
Speaks English Less Than Very Well
23.9%
Foreign-Born Origin
Latin America
86.6%
Europe
5.7%
Asia
5.3%
Africa
1.0%
Veterans & Disability
Veteran
3.6%
With a Disability
11.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
86.3%
Uninsured
13.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
89.1%
Has a Computer
96.2%
Same House 1 Year Ago
87.5%
Moved from Abroad
1.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023