South Miami, FL
Population 11,926 · Florida
About South Miami, FL
South Miami is a mid-sized city located in Florida with a population of 11,926 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,313 per year, which is 18% above the national median of $75,149. The median age of 39.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in South Miami features a median home value of $736,900, which is 201% above the national median of $244,900. This places South Miami in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,700, 46% above the national average of $1,163/month. Of the 5,164 total housing units, 59% are owner-occupied (2,810 units) and 41% are renter-occupied (1,918 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in South Miami shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in South Miami have an average one-way commute time of 32 minutes.
Education & Demographics
55.2% of South Miami 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 1.3% White, 0.8% Hispanic or Latino, 3.0% Black or African American, and 24.0% Asian residents, with 41.1% of the population being foreign-born.
Cost of Living in South Miami, FL
Compared to national averages, South Miami has a median household income of $88,313 (18% above the national median of $75,149). Home values average $736,900, which is 201% above the national median. Monthly rent at $1,700 is 46% above the US average of $1,163. Within Florida, South Miami's income is 16% above the state average of $75,893, and home values are 108% above the state median of $353,675.
Why Live in South Miami, FL?
South Miami offers a strong local economy with a median household income of $88,313, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 55.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $736,900. However, South Miami’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
South Miami has a population of 11,926 with a median age of 39.9 years. Compare South Miami with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near South Miami
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Middleburg | 11,911 | $70,877 | $241,700 | Compare |
| Laurel | 11,868 | $89,282 | $450,200 | Compare |
| Lantana | 11,845 | $69,677 | $374,800 | Compare |
| Shady Hills | 12,012 | $63,250 | $225,600 | Compare |
| Goulds | 12,019 | $58,291 | $415,100 | Compare |
| Westview | 11,823 | $53,840 | $333,500 | Compare |
| Key Largo | 12,069 | $78,906 | $626,300 | Compare |
| Gulfport | 11,735 | $68,617 | $335,100 | 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 Miami With Other Cities
Frequently Asked Questions about South Miami
What is the population of South Miami, FL?
The population of South Miami, FL is 11,926 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 South Miami?
The median household income in South Miami, FL is $88,313 per year, which is 18% above the national median of $75,149.
What is the median home value in South Miami?
The median home value in South Miami, FL is $736,900, which is 201% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in South Miami?
The median monthly rent in South Miami, FL is $1,700, which is 46% above the national average of $1,163/month.
What is the unemployment rate in South Miami?
The unemployment rate in South Miami, FL is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is South Miami, FL a good place to live?
South Miami offers above-average incomes, a competitive housing market, and a strong job market. With a population of 11,926 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is South Miami, FL?
55.2% of residents in South Miami 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 Miami?
Key cost-of-living indicators for South Miami, FL: median home value is $736,900 (201% above national), median rent is $1,700/month, and median household income is $88,313. The home-value-to-income ratio is 8.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in South Miami?
The poverty rate in South Miami, FL is 11.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is South Miami, FL?
South Miami's population is 1.3% White, 0.8% Hispanic or Latino, 3.0% Black or African American, 24.0% Asian, and 9.5% two or more races. 41.1% of residents are foreign-born.