33109

2023 Data
Miami Beach, Florida

33109 is an affluent, high-income neighborhood in Miami Beach with a premium real estate market.

Population

893

Income Rank

Top 98%

210%

$250K

Median Income

vs national

542%

$2.0M

Home Value

vs national

0%

N/A

Monthly Rent

vs national

57.1 yrs

Median Age

How 33109 Compares

Key metrics versus national medians

Median Income
$250,001+210%

National median: $80,610

Home Value
$2,000,001+542%

National median: $311,500

Monthly Rent
N/A-100%

National median: $1,314

College Educated
27.6%-21%

National median: 34.8%

Income Distribution in 33109

How household incomes are distributed across brackets

% of Households
Median Income Bracket

This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $250,001.

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What is the Average Income in 33109?

Household earnings and economic conditions

$250,001

Median Household Income

$332,247

Per Capita Income

N/A%

Unemployment Rate

Residents of 33109 earn a median household income of $250,001 per year. This is 210% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $332,247 provides insight into individual earning power.

How Much Does it Cost to Live in 33109?

Real estate market and rental conditions in Miami Beach

Home Buying

Median Home Value$2,000,001
20% Down Payment$400,000
Est. Monthly Mortgage$11,200

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly RentN/A
Annual Rent CostN/A
Rent-to-Income RatioN/A

Affordability Score

How affordable is it to live here?

0
out of 100
Moderately Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Note: Some housing data is unavailable for this ZIP code. Score is estimated based on available data.

Most middle-income families can comfortably afford to live here.

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Age Distribution in 33109

Population breakdown by age and gender

Male
Female
Median Age (57.1 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 33109 is 57.1 years, which is older than the national median of 39 years.

Who Lives in 33109? Demographics & Population

Age, diversity, and population breakdown

893

Total Population

57.1

Median Age

28%

College Educated

367

Households

33109 has a population of 893 residents in approximately 367 households. The median age of 57.1 years is older than the national median of 39 years. About 28% of residents have completed higher education.

Diversity & Ethnicity in 33109

Racial and ethnic composition of the community

White(92.3%)
Two or More(2.8%)
Asian(2.5%)
Other(2.5%)

Diversity Index

15

Homogeneous

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

7.5%

Note: Hispanic/Latino is an ethnicity, counted separately from race

Racial Composition

White
92.3%
Two or More
2.8%
Asian
2.5%
Other
2.5%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 15, this community has moderate diversity.

Education Levels in 33109

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

72.7%

National average: 34.8%

High School or Higher

100.0%

National average: 88.6%

Education Breakdown

Less than HS
0%
HS Graduate
12.8%
Some College
8%
Associate's Degree
6.6%
Bachelor's Degree
27.6%
Graduate+
45.1%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 27.6% holding a bachelor's degree or higher, this area is below the national average of 34.8%.

What is 33109 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Retirement-Friendly Area

As a retirement-friendly area, 33109 offers a distinctive living experience in Miami Beach.

Residents here enjoy significantly above-average household earnings.

Retirees and long-time residents contribute to a mature, stable community.

The community has diverse educational backgrounds.

Best Suited For

  • +Retirees and empty nesters
  • +Those seeking peaceful living
  • +Snowbirds

May Not Suit

  • -Young families with children
  • -Nightlife seekers

Key Characteristics

  • Higher-than-average household incomes
  • Mature, established community
  • Competitive real estate market relative to incomes
  • Reasonable rental costs for the area

Typical Resident Profile

A typical 33109 resident is a adult approaching retirement, renter with manageable housing costs, working in skilled professional position with some college education.

Lifestyle

Relaxed pace with focus on health, recreation, and community activities

Frequently Asked Questions

Common questions about 33109 Miami Beach, FL

The median household income in 33109 (Miami Beach, FL) is $250,001, which is 210% higher than the national median of $80,610.

The median home value in 33109 is $2,000,001. A 20% down payment would be $400,000, with an estimated monthly mortgage of $11,200 at current rates.

The median monthly rent in 33109 is N/A, totaling N/A annually. This represents N/A% of the median household income.

33109 in Miami Beach, Florida is an affluent, high-income neighborhood with a median age of 57.1 years. The area has diverse educational backgrounds.

The unemployment rate in 33109 is N/A%, lower than the national rate of 4.8%. This means N/A% of the labor force is employed.

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