Commercial and Residential Real Estate in the Greater Miami, Florida area

Miami Downtown Real Estate Waterfront

Miami-Dade County Census Data

People QuickFactsMiami-Dade CountyFlorida
Population, 2008 estimate 2,398,245 18,328,340
Population, percent change, April 1, 2000 to July 1, 2008 6.4% 14.7%
Population estimates base (April 1) 2000 2,253,786 15,982,813
Persons under 5 years old, percent, 2008 6.4% 6.2%
Persons under 18 years old, percent, 2008 22.3% 21.8%
Persons 65 years old and over, percent, 2008 15.4% 17.4%
Female persons, percent, 2008 51.5% 50.9%
White persons, percent, 2008 (a) 77.4% 79.8%
Black persons, percent, 2008 (a) 19.5% 15.9%
American Indian and Alaska Native persons, percent, 2008 (a) 0.4% 0.5%
Asian persons, percent, 2008 (a) 1.6% 2.3%
Native Hawaiian and Other Pacific Islander, percent, 2008 (a) 0.1% 0.1%
Persons reporting two or more races, percent, 2008 1.0% 1.4%
Persons of Hispanic or Latino origin, percent, 2008 (b) 62.4% 21.0%
White persons not Hispanic, percent, 2008 17.8% 60.3%
Living in same house in 1995 and 2000, pct 5 yrs old & over 50.2% 48.9%
Foreign born persons, percent, 2000 50.9% 16.7%
Language other than English spoken at home, pct age 5+, 2000 67.9% 23.1%
High school graduates, percent of persons age 25+, 2000 67.9% 79.9%
Bachelor's degree or higher, pct of persons age 25+, 2000 21.7% 22.3%
Persons with a disability, age 5+, 2000 473,992 3,274,566
Mean travel time to work (minutes), workers age 16+, 2000 30.1 26.2
Housing units, 2008 979,082 8,800,294
Homeownership rate, 2000 57.8% 70.1%
Housing units in multi-unit structures, percent, 2000 45.5% 29.9%
Median value of owner-occupied housing units, 2000 $124,000 $105,500
Households, 2000 776,774 6,337,929
Persons per household, 2000 2.84 2.46
Median household income, 2008 $43,921 $47,802
Per capita money income, 1999 $18,497 $21,557
Persons below poverty level, percent, 2008 16.5% 13.3%
Business QuickFactsMiami-Dade CountyFlorida
Private nonfarm establishments, 2007 76,176 523,4611
Private nonfarm employment, 2007 873,644 7,425,3311
Private nonfarm employment, percent change 2000-2007 2.3% 19.4%1
Nonemployer establishments, 2007 338,763 1,618,119
Total number of firms, 2002 297,458 1,539,207
Black-owned firms, percent, 2002 9.5% 6.6%
American Indian and Alaska Native owned firms, percent, 2002 0.6% 0.6%
Asian-owned firms, percent, 2002 2.3% 2.7%
Native Hawaiian and Other Pacific Islander owned firms, percent, 2002 S 0.1%
Hispanic-owned firms, percent, 2002 54.9% 17.3%
Women-owned firms, percent, 2002 29.6% 28.4%
Manufacturers shipments, 2002 ($1000) 8,442,440 78,474,770
Wholesale trade sales, 2002 ($1000) 39,021,392 219,490,896
Retail sales, 2002 ($1000) 24,568,286 191,805,685
Retail sales per capita, 2002 $10,616 $11,498
Accommodation and foodservices sales, 2002 ($1000) 4,162,169 29,366,940
Building permits, 2008 3,474 61,042
Federal spending, 2008 9,456,468 149,872,1781
Geography QuickFactsMiami-Dade CountyFlorida
Land area, 2000 (square miles) 1,946.06 53,926.82
Persons per square mile, 2000 1,157.9 296.4
FIPS Code 086 12
Metropolitan or Micropolitan Statistical Area Miami-Fort Lauderdale-Miami Beach, FL Metro Area

Social Characteristics

Estimate

Percent

U.S.

Margin of Error

Average household size

2.80

(X)

2.61

+/-0.01

Average family size

3.40

(X)

3.20

+/-0.02

Population 25 years and over

1,607,310

+/-380

High school graduate or higher

(X)

76.8

84.5%

(X)

Bachelor's degree or higher

(X)

26.8

27.4%

(X)

Civilian veterans (civilian population 18 years and over)

69,912

3.8

10.1%

+/-2,257

With a Disability

(X)

(X)

(X)

(X)

Foreign born

1,198,370

50.2

12.5%

+/-7,832

Male, Now married, except separated (population 15 years and over)

449,849

48.4

52.2%

+/-5,139

Female, Now married, except separated (population 15 years and over)

434,383

42.9

48.2%

+/-5,271

Speak a language other than English at home (population 5 years and over)

1,575,892

70.6

19.6%

+/-7,326

Household population

2,320,442

+/-6,703

Group quarters population

(X)

(X)

(X)

(X)

Economic Characteristics

Estimate

Percent

U.S.

Margin of Error

In labor force (population 16 years and over)

1,180,913

61.9

65.2%

+/-6,412

Mean travel time to work in minutes (workers 16 years and over)

30.1

(X)

25.3

+/-0.2

Median household income (in 2008 inflation-adjusted dollars)

44,364

(X)

52,175

+/-501

Median family income (in 2008 inflation-adjusted dollars)

51,212

(X)

63,211

+/-604

Per capita income (in 2008 inflation-adjusted dollars)

23,750

(X)

27,466

+/-250

Families below poverty level

(X)

12.6

9.6%

(X)

Individuals below poverty level

(X)

16.1

13.2%

(X)

Housing Characteristics

Estimate

Percent

U.S.

Margin of Error

Total housing units

968,744

+/-2,398

Occupied housing units

829,238

85.6

88.0%

+/-4,405

Owner-occupied housing units

498,636

60.1

67.1%

+/-4,330

Renter-occupied housing units

330,602

39.9

32.9%

+/-4,819

Vacant housing units

139,506

14.4

12.0%

+/-3,633

Owner-occupied homes

498,636

+/-4,330

Median value (dollars)

306,700

(X)

192,400

+/-2,708

Median of selected monthly owner costs

With a mortgage (dollars)

1,900

(X)

1,508

+/-17

Not mortgaged (dollars)

618

(X)

425

+/-11

Demographic Estimates

Estimate

Percent

U.S.

Margin of Error

Total population

2,385,876

*****

Male

1,155,993

48.5

49.3%

+/-306

Female

1,229,883

51.5

50.7%

+/-306

Median age (years)

38.7

(X)

36.7

+/-0.2

Under 5 years

154,968

6.5

6.9%

+/-150

18 years and over

1,842,457

77.2

75.5%

*****

65 years and over

355,506

14.9

12.6%

+/-310

One race

2,352,737

98.6

97.8%

+/-2,430

White

1,748,844

73.3

74.3%

+/-5,956

Black or African American

464,917

19.5

12.3%

+/-3,761

American Indian and Alaska Native

4,185

0.2

0.8%

+/-726

Asian

35,829

1.5

4.4%

+/-1,022

Native Hawaiian and Other Pacific Islander

1,150

0.0

0.1%

+/-278

Some other race

97,812

4.1

5.8%

+/-6,073

Two or more races

33,139

1.4

2.2%

+/-2,430

Hispanic or Latino (of any race)

1,472,731

61.7

15.1%

*****


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