Olympia Heights, FL Profile: Facts & Data

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Olympia Heights, Florida - Basic Facts

The Olympia Heights Census Designated Place had a population of 13,718 as of July 1, 2020. Olympia Heights ranks in the upper quartile for Population Density and the lower quartile for 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 Olympia Heights is located at latitude 25.7268 and longitude -80.3553 in Miami-Dade County. The formal boundaries for the Olympia Heights Census Designated Place encompass a land area of 2.65 sq. miles and a water area of 0.36 sq. miles. Miami-Dade County is in the Eastern time zone (GMT -5). The elevation is 7 feet.

The Olympia Heights Census Designated Place (GNIS ID: 2403376) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Olympia Heights Census Designated Place is located within South Westside CCD of Miami-Dade County.

Alternate Unofficial Names for Olympia Heights: Olympic Heights.

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Olympia Heights, FL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 13,718 (100%)
Population in Households 13,585 (99.0%)
Population in Families 11,649 (84.9%)
Population in Group Quarters1 133 ( 1.0%)
Population Density 5,155
Diversity Index2 26
 
 

INCOME

Median Household Income $75,389
Average Household Income $93,411
% of Income for Mortgage4 19%
Per Capita Income $28,516
Wealth Index5 109
 

HOUSING

Total HU (Housing Units) 4,287 (100%)
Owner Occupied HU 3,128 (73.0%)
Renter Occupied HU 1,015 (23.7%)
Vacant Housing Units 144 ( 3.4%)
Median Home Value $339,097
Average Home Value $394,096
Housing Affordability Index3 125
 

HOUSEHOLDS

Total Households 4,143
Average Household Size 3.28
Family Households 3,370
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. 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.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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

2010-2020 2020-2025
Population 0.17% 0.14%
Households 0.03% 0.0%
Families -0.02% 0.04%
Median Household Income   1.73%
Per Capita Income   2.09%
Owner Occupied HU   -0.01%

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Olympia Heights, FL - Peer Comparisons by Rank and Percentile

The table below compares Olympia Heights to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2020 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 # 267 71st
Population Density # 112 88th
Median Household Income # 192 79th
Housing Affordability Index # 253 28th
Per Capita Income # 472 49th
Diversity Index # 729 21st

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

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