Miami Lakes, FL
Population 30,731 · Florida
About Miami Lakes, FL
Miami Lakes is a mid-sized city located in Florida with a population of 30,731 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,255 per year, which is 29% above the national median of $75,149. The median age of 43.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Miami Lakes features a median home value of $577,300, which is 136% above the national median of $244,900. This places Miami Lakes in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,024, 74% above the national average of $1,163/month. Of the 11,673 total housing units, 62% are owner-occupied (7,012 units) and 38% are renter-occupied (4,256 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Miami Lakes shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Miami Lakes have an average one-way commute time of 34 minutes.
Education & Demographics
42.7% of Miami Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.2% White, 0.3% Hispanic or Latino, 4.4% Black or African American, and 22.4% Asian residents, with 50.5% of the population being foreign-born.
Cost of Living in Miami Lakes, FL
Compared to national averages, Miami Lakes has a median household income of $97,255 (29% above the national median of $75,149). Home values average $577,300, which is 136% above the national median. Monthly rent at $2,024 is 74% above the US average of $1,163. Within Florida, Miami Lakes's income is 28% above the state average of $75,893, and home values are 63% above the state median of $353,675.
Why Live in Miami Lakes, FL?
Miami Lakes offers a strong local economy with a median household income of $97,255, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 42.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $577,300. However, Miami Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Miami Lakes has a population of 30,731 with a median age of 43.3 years. Compare Miami Lakes with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Miami Lakes
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakleaf Plantation | 30,737 | $110,521 | $309,300 | Compare |
| Ferry Pass | 30,467 | $64,368 | $243,600 | Compare |
| Haines City | 31,156 | $58,227 | $250,700 | Compare |
| New Smyrna Beach | 31,212 | $78,373 | $365,900 | Compare |
| Ruskin | 30,074 | $76,402 | $278,300 | Compare |
| Winter Park | 29,929 | $98,076 | $676,800 | Compare |
| Lakeside | 31,548 | $80,686 | $249,300 | Compare |
| Lake Magdalene | 31,733 | $75,606 | $335,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Miami Lakes With Other Cities
Frequently Asked Questions about Miami Lakes
What is the population of Miami Lakes, FL?
The population of Miami Lakes, FL is 30,731 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Miami Lakes?
The median household income in Miami Lakes, FL is $97,255 per year, which is 29% above the national median of $75,149.
What is the median home value in Miami Lakes?
The median home value in Miami Lakes, FL is $577,300, which is 136% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Miami Lakes?
The median monthly rent in Miami Lakes, FL is $2,024, which is 74% above the national average of $1,163/month.
What is the unemployment rate in Miami Lakes?
The unemployment rate in Miami Lakes, FL is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Miami Lakes, FL a good place to live?
Miami Lakes offers above-average incomes, a competitive housing market, and a strong job market. With a population of 30,731 and a median age of 43.3, the city appeals to a broad range of residents.
How educated is Miami Lakes, FL?
42.7% of residents in Miami Lakes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Miami Lakes?
Key cost-of-living indicators for Miami Lakes, FL: median home value is $577,300 (136% above national), median rent is $2,024/month, and median household income is $97,255. The home-value-to-income ratio is 5.9x, a moderate figure by national standards.
What is the poverty rate in Miami Lakes?
The poverty rate in Miami Lakes, FL is 4.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Miami Lakes, FL?
Miami Lakes's population is 1.2% White, 0.3% Hispanic or Latino, 4.4% Black or African American, 22.4% Asian, and 2.0% two or more races. 50.5% of residents are foreign-born.