South Beach, FL
Population 3,081 · Florida
About South Beach, FL
South Beach is a small town located in Florida with a population of 3,081 residents according to the latest US Census Bureau American Community Survey data. The median household income is $188,095 per year, which is 150% above the national median of $75,149. The median age of 69.7 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 South Beach features a median home value of $860,000, which is 251% above the national median of $244,900. This places South Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,501, 201% above the national average of $1,163/month. Of the 2,226 total housing units, 99% are owner-occupied (1,554 units) and 1% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in South Beach shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in South Beach have an average one-way commute time of 22.4 minutes.
Education & Demographics
65.1% of South Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 1.9% Asian residents, with 5.5% of the population being foreign-born.
How South Beach Ranks in Florida
Cost of Living in South Beach, FL
Compared to national averages, South Beach has a median household income of $188,095 (150% above the national median of $75,149). Home values average $860,000, which is 251% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within Florida, South Beach's income is 148% above the state average of $75,893, and home values are 143% above the state median of $353,675.
Why Live in South Beach, FL?
South Beach offers a strong local economy with a median household income of $188,095, well above the national average, and a well-educated community where 65.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average. Additionally, the city features short commute times averaging just 22.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $860,000. However, South Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
South Beach has a population of 3,081 with a median age of 69.7 years. Compare South Beach with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near South Beach
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blountstown | 3,077 | $44,013 | $147,000 | Compare |
| Biscayne Park | 3,056 | $84,750 | $606,800 | Compare |
| Williston | 3,055 | $59,776 | $218,900 | Compare |
| Holden Heights | 3,108 | $44,506 | $189,100 | Compare |
| Harlem | 3,050 | $44,960 | $72,000 | Compare |
| Dade City North | 3,049 | $50,443 | $178,500 | Compare |
| Holmes Beach | 3,042 | $99,063 | $667,800 | Compare |
| North Sarasota | 3,041 | $73,099 | $223,900 | 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 South Beach With Other Cities
Frequently Asked Questions about South Beach
What is the population of South Beach, FL?
The population of South Beach, FL is 3,081 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in South Beach?
The median household income in South Beach, FL is $188,095 per year, which is 150% above the national median of $75,149.
What is the median home value in South Beach?
The median home value in South Beach, FL is $860,000, which is 251% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in South Beach?
The median monthly rent in South Beach, FL is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in South Beach?
The unemployment rate in South Beach, FL is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is South Beach, FL a good place to live?
South Beach offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,081 and a median age of 69.7, the city appeals to established professionals and retirees.
How educated is South Beach, FL?
65.1% of residents in South Beach 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 South Beach?
Key cost-of-living indicators for South Beach, FL: median home value is $860,000 (251% above national), median rent is $3,501/month, and median household income is $188,095. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in South Beach?
The poverty rate in South Beach, FL is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is South Beach, FL?
South Beach's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 1.9% Asian, and 0.0% two or more races. 5.5% of residents are foreign-born.