Downtown is home to 23,629 people in Miami. 18% of homes are owner-occupied. The foreign-born share is 56%. This is an unusually credentialed place: 57% of adults have a four-year degree. Households here earn about 49% more than in Miami as a whole. The typical home is worth $652,207. 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
Land area
1.10 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
1.78 people
US average: 2.54
Owner cost-burdened
33.1%
US average: 22.9%
Renter cost-burdened
58.8%
US average: 47.4%
Afford Score
7.0
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
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)
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 Score
73
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
