U.S. Census Bureau · ACS 2024 five-year estimates
Miami-Dade County, Florida housing affordability | ACS 2024
Miami-Dade County, Florida (GEOID 12086): ACS 2024 income, home value, rent, cost burden and home-value-to-income ratio.
Five housing measures
County GEOID: 12086
In Miami-Dade County, Florida, the median home value is 6.45 times the median annual household income (a comparison of county medians, not an individual mortgage payment). Median gross monthly rent is $1,829 (±$10 ACS 90% MOE). 60.9% of renter households with computed rent-to-income ratios spend at least 30% of income on gross rent. These county-wide survey measures do not describe every household or establish what a particular household can afford.
| Median household income | $71,753 (±$708 ACS 90% MOE) |
|---|---|
| Median home value | $463,000 (±$2,523 ACS 90% MOE) |
| Median gross rent | $1,829 (±$10 ACS 90% MOE) |
| Renter cost burden (30%+) | 60.9% |
| Home-value-to-income ratio | 6.45 |
County comparison
Compare Miami-Dade County, Florida with Florida counties that have available ACS 2024 five-year estimates for each measure. Positions use unrounded published county values; equal values resolve by ascending GEOID. These are county-level comparisons, not a statewide household statistic or a recommendation. The ratio and burden rate are derived estimates without calculated margins of error; see the direct-estimate 90% MOEs and survey limitations below.
- Home-value-to-income is 6.45 in Miami-Dade County, Florida: position 66 of 67 Florida counties with available observations, from lowest to highest. View the matching Florida ranking.
- Renter cost-burden is 60.9% in Miami-Dade County, Florida: position 65 of 67 Florida counties with available observations, from lowest to highest. View the matching Florida ranking.
Method and provenance
ACS 2024 five-year survey estimates (2020–2024), not current prices. Direct estimates may have 90% margins of error shown where available. The home-value-to-income ratio and renter cost-burden rate are derived; no MOE is calculated for either. Missing or suppressed values are unavailable, not zero. County rankings are descriptive, not an affordability or suitability recommendation.
Source: U.S. Census Bureau, American Community Survey 2024 five-year estimates. Validated Florida bundle provenance, source snapshot and checksums.