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NEIGHBORHOOD

Downtown

Florida · Miami · 23,629 residents · 1.104 sq mi
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The short version

Downtown is wealthier than most US places, with a median household income of $92,967. Population has held roughly steady since 2024. 57% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $652,207. At a median age of 34.2, residents skew younger than the country as a whole. Households here earn about 49% more than the Miami median. These figures are approximated by combining the 9 census tracts that make up Downtown; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 34.2
US median: 38.9
More educated
57% hold a bachelor's degree
US average: 36%
Renter-heavy
18% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
23,629
Population density
21,403 / sq mi
US average: 281
Median age
34.2
US average: 38.9
Section 02

Income & economy

Median household income
$92,967
US average: $82,259
Per capita income
$67,303
US average: $44,673
Households earning $100K+
58.0%
US average: 53.3%
Poverty rate
14.8%
US average: 12.5%
Income inequality (Gini)
0.453
US average: 0.476
Workforce by industry, 2024
Other services12.6%
US avg: 6.7%
Public administration7.8%
US avg: 4.8%
Information6.8%
US avg: 10.8%
Finance & insurance6.4%
US avg: 5.9%
Professional, scientific, technical6.3%
US avg: 5.1%
Wholesale trade5.5%
US avg: 6.9%
Retail trade3.3%
US avg: 9.9%
Transportation & warehousing3.1%
US avg: 2.2%
Arts, entertainment, food2.7%
US avg: 1.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Education & health services0.1%
US avg: 0.9%
Manufacturing0.1%
US avg: 0.4%
Construction0.1%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$652,207
US average: $376,019
Median gross rent
$2,544
US average: $1,442
Owner-occupied
18.3%
81.7% rent
Vacancy rate
20.2%
US average: 10.0%
Owner cost-burdened
33.1%
US average: 22.9%
Renter cost-burdened
58.8%
US average: 47.4%
Afford Score
7.0
RELATED:See current rent listings in Downtown on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic21.7%(5,136)
Black5.9%(1,404)
Hispanic / Latino59.4%(14,032)
Asian4.3%(1,023)
Other8.6%(2,034)
Diversity Score73.4%(17,346)
2024
White, non-Hispanic21.7%(5,136)
Black5.9%(1,404)
Hispanic / Latino59.4%(14,032)
Asian4.3%(1,023)
Other8.6%(2,034)
Diversity Score73.4%(17,346)
Diversity Score
73
Section 05

Education

Bachelor's degree or higher
57.3%
US average: 35.6%
High school or higher
92.6%
US average: 89.6%
Graduate degree
27.1%
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.9 min
US average: 26.5
Drive alone to work
47.2%
US average: 68.9%
Carpooled to work
6.6%
US average: 8.5%
Public transit
8.2%
US average: 3.2%
Worked from home
26.1%
US average: 15.0%
Walked to work
7.7%
US average: 2.4%
Biked to work
0.6%
US average: 0.4%
No vehicle available
19.6%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.7%
US average: 5.2%
Labor force participation
77.9%
US average: 63.5%
Self-employed
6.1%
US average: 13.1%
Management & professional
57.1%
US average: 42.5%
Section 08

People & community

Male
56.4%
Female
43.6%
Foreign born
55.6%
US average: 14.1%
Veterans
2.8%
US average: 6.2%
With a disability
8.0%
US average: 13.3%
Uninsured
17.6%
US average: 8.4%
Broadband at home
92.5%
US average: 91.0%
English only at home
28.0%
US average: 77.7%
Spanish at home
56.5%
US average: 13.6%
Explore

Neighborhoods in Miami

Alameda - West FlaglerAllapattahBrickellCoral WayFlagamiLiberty CityLittle HaitiLittle HavanaNorth-East Coconut GroveOvertownShenandoahSouth-West Coconut GroveUpper EastsideWynwood - EdgewaterNeighborhoods in Miami
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Frequently asked

How many people live in Downtown, Miami, Florida?

Downtown, Miami, Florida has about 23,629 residents according to the 2024 American Community Survey.

What is the median household income in Downtown, Miami, Florida?

The typical household in Downtown, Miami, Florida earns about $92,967 a year. Half of households make more than that, and half make less.

Is Downtown, Miami, Florida expensive?

In Downtown, Miami, Florida, the median home is worth about $652,207, and the typical rent is about $2,544 a month.

How educated are people in Downtown, Miami, Florida?

About 57.3% of adults age 25 and over in Downtown, Miami, Florida hold a bachelor's degree or higher.

What is the poverty rate in Downtown, Miami, Florida?

About 14.8% of people in Downtown, Miami, Florida live below the federal poverty line.

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Containing area
Miami

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →