Miami Shores, FL Profile: Facts & Data

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Miami Shores, Florida - Basic Facts

The Village of Miami Shores had a population of 10,917 as of July 1, 2019. Miami Shores ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Miami Shores is located at latitude 25.8632 and longitude -80.1928 in Miami-Dade County. The formal boundaries for the Village of Miami Shores encompass a land area of 2.49 sq. miles and a water area of 1.29 sq. miles. Miami-Dade County is in the Eastern time zone (GMT -5). The elevation is 7 feet.

The Village of Miami Shores (GNIS ID: 2407502) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Village of Miami Shores is located within Miami CCD of Miami-Dade County.


Jump to... (On This Page!)
  1. Miami Shores 2019 Demographic Data
  2. Growth Rates for Miami Shores (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Miami Shores, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Miami Shores, FL Housing Affordability Index is 105
State of Florida Housing Affordability Index is 113
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Miami Shores, FL Wealth Index is 185
State of Florida Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Florida COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 10,917
Population in Households 9,769
Population in Families 7,762
Population in Group Qrtrs 1,148
Population Density 4,390
Diversity Index1 73
 

INCOME

Median Household Income $95,909
Average Household Income $126,489
Per Capita Income $45,416
Wealth Index3 185

HOUSING

Total Housing Units 3,956 (100%)
Owner Occupied HU 2,900 (73.3%)
Renter Occupied HU 773 (19.5%)
Vacant Housing Units 283 ( 7.2%)
Median Home Value $476,190
Housing Affordability Index2 105
 

HOUSEHOLDS

Total Households 3,673
Average Household Size 2.66
Family Households 2,378
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.6% 0.56%
Households 0.26% 0.52%
Families 0.21% 0.57%
Median Household Income   1.44%
Per Capita Income   1.77%

Miami Shores, FL - Peer Comparisons by Rank and Percentile

The table below compares Miami Shores to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 310 66th
Population Density # 155 83rd
Diversity Index # 125 86th
Median Household Income # 56 94th
Per Capita Income # 135 85th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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