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Miami, Florida Economy Profile

Official State Website URL- http://www.myflorida.com

QuickFacts


 Miami, Florida United States
StateFlorida
CityMiami
Total population362,470 281,421,906
Male180,194138,053,563
Female182,276143,368,343
Median age (years)37.735.3
Total households134,198105,480,101
Median household income (dollars)23,48341,994

Miami, Florida Economy

50.32% of population 16 years and over is in the active work force in Miami, Florida. Among them 22.42% are females aged 16 and over. 64.46% of Miami, Florida workers 16 years and over commute to work by car, truck, or van - drive alone. 11.37% use public transportation (including taxicab). Two point zero six percent of Miami, Florida residents work at home.

The total population of Miami, Florida is 362,470 people. The median household income in Miami, Florida is $23,483. Management, professional, and related occupations make up 23.81% of all occupations. 13.61% of Miami, Florida population is involved into construction, extraction, and maintenance occupations. 26.18% of population are in sales and office occupations. Production, transportation, and material moving occupations account for 13.8% of occupations.

14.11% of families in Miami, Florida have an income from $35,000 to $49,999. Zero of families are below poverty level. Miami, Florida median household income is $23,483. On an average, male full-time, year-round workers, receive $24,090, female full-time, year-round workers, are paid $20,115.

 Miami, Florida %, Miami, Florida United States
Population 16 years and over292,822  217,168,077
In labor force147,356 50.32%63.92%
- Civilian labor force147,201 50.27%63.39%
- - Employed129,981 44.39%59.73%
- - Unemployed17,220 5.88%3.66%
- - - Percent of civilian labor force11.7  5.8
- Armed Forces155 0.05%0.53%
Not in labor force145,466 49.68%36.08%
 
Females 16 years and over148,583 50.74%51.66%
In labor force65,647 22.42%29.72%
- Civilian labor force65,610 22.41%29.65%
- - Employed56,629 19.34%27.92%
 
Own children under 6 years23,395 7.99%10.05%
All parents in family in labor force12,097  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over126,539  128,279,228
Car, truck, or van -- drove alone81,561 64.46%75.7%
Car, truck, or van -- carpooled20,622 16.3%12.19%
Public transportation (including taxicab)14,382 11.37%4.73%
Walked4,646 3.67%2.93%
Other means2,720 2.15%1.19%
Worked at home2,608 2.06%3.26%
Mean travel time to work (minutes)28.1 0.02%25.5
 
Employed civilian population 16 years and over129,981  129,721,512
 
OCCUPATION
Management, professional, and related occupations30,950 23.81%33.65%
Service occupations28,745 22.11%14.86%
Sales and office occupations34,023 26.18%26.69%
Farming, fishing, and forestry occupations635 0.49%0.73%
Construction, extraction, and maintenance occupations17,686 13.61%9.45%
Production, transportation, and material moving occupations17,942 13.8%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining671 0.52%1.87%
Construction13,433 10.33%6.78%
Manufacturing9,596 7.38%14.1%
Wholesale trade7,103 5.46%3.6%
Retail trade14,269 10.98%11.73%
Transportation and warehousing, and utilities8,007 6.16%5.2%
Information3,551 2.73%3.08%
Finance, insurance, real estate, and rental and leasing8,858 6.81%6.89%
Professional, scientific, management, administrative, and waste management services15,308 11.78%9.3%
Educational, health and social services19,450 14.96%19.92%
Arts, entertainment, recreation, accommodation and food services15,659 12.05%7.87%
Other services (except public administration)9,739 7.49%4.87%
Public administration4,337 3.34%4.79%
 
CLASS OF WORKER
Private wage and salary workers107,096 82.39%78.47%
Government workers13,766 10.59%14.59%
Self-employed workers in own not incorporated business8,700 6.69%6.63%
Unpaid family workers419 0.32%0.31%
 Miami, Florida %, Miami, Florida United States
INCOME IN 1999
Households134,344  105,539,122
Less than $10,00032,558 24.23%9.54%
$10,000 to $14,99914,370 10.7%6.31%
$15,000 to $24,99923,087 17.18%12.83%
$25,000 to $34,99917,280 12.86%12.81%
$35,000 to $49,99917,036 12.68%16.53%
$50,000 to $74,99914,484 10.78%19.46%
$75,000 to $99,9996,458 4.81%10.23%
$100,000 to $149,9994,829 3.59%7.72%
$150,000 to $199,9991,581 1.18%2.2%
$200,000 or more2,661 1.98%2.37%
Median household income (dollars)23,483  41,994
With earnings96,919 33.1%39.12%
- Mean earnings (dollars)43,510  56,604
With Social Security income37,910 12.95%12.47%
- Mean Social Security income (dollars)8,893  11,320
With Supplemental Security Income14,361 4.9%2.13%
- Mean Supplemental Security Income (dollars)5,635  6,320
With public assistance income13,295 4.54%1.67%
- Mean public assistance income (dollars)2,332  3,032
With retirement income15,017 5.13%8.13%
- Mean retirement income (dollars)11,976  17,376
 
Families84,195  72,261,780
Less than $10,00013,402 15.92%5.75%
$10,000 to $14,9999,030 10.73%4.31%
$15,000 to $24,99916,580 19.69%10.74%
$25,000 to $34,99912,577 14.94%12.02%
$35,000 to $49,99911,882 14.11%17.13%
$50,000 to $74,99910,320 12.26%22.32%
$75,000 to $99,9994,355 5.17%12.47%
$100,000 to $149,9993,203 3.8%9.6%
$150,000 to $199,9991,028 1.22%2.75%
$200,000 or more1,818 2.16%2.92%
Median family income (dollars)27,225  50,046
 
Per capita income (dollars)15,128  21,587
Median earnings (dollars):
Male full-time, year-round workers24,090  37,057
Female full-time, year-round workers20,115  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families19,779  6,620,945
With related children under 18 years13,876 70.16%77.87%
- With related children under 5 years6,092 30.8%38.7%
 
Families with female householder, no husband present9,620  3,315,916
With related children under 18 years7,959 82.73%88.68%
- With related children under 5 years3,398 35.32%42.27%
 
Individuals100,405  33,899,812
18 years and over70,635 70.35%65.35%
- 65 years and over17,683 17.61%9.7%
Related children under 18 years29,319 29.2%33.59%
- Related children 5 to 17 years21,409 21.32%23.52%
Unrelated individuals 15 years and over33,112 32.98%31.63%
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The data is taken from www.census.gov reports.