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๐Ÿ“ Miami-Fort Lauderdale-West Palm Beach, FL

Marketing a business in Miami, FL

Home to 6.25 million people, Miami, FL is the 9th-largest of the 387 US metropolitan areas. Households, home values, education, business density, and which trades are already crowded, all from Census data.

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Florida

Income, homes and households

6.25 millionpopulation, 9th among 387 metros
$76,527median household income
$443,300median home value
222,388businesses with employees
35.6businesses per 1,000 residents

The metropolitan statistical area covers Miami, Fort Lauderdale and West Palm Beach.

A $76,527 median household income puts Miami, FL 5 percent below the national figure. The median home value of $443,300 is 33 percent above the national figure.

Ownership: 60.5% of households own their home, 5 points below the US share. The share of adults with a bachelor's or above is 36.7%, 1 points above the US share. Miami, FL has a median age of 41.8 (2.9 years above the national median). Unemployment 5.1%, about the same as the US share.

One more comparison, this time with Florida: median income 3 percent higher than the Florida figure, median home value 23 percent higher than the Florida figure, business density 24 percent denser than the Florida figure.

County Business Patterns 2023

Who is already competing here

By the Census Bureau's count Miami, FL supports 222,388 employer establishments. Density runs 35.6 businesses for every 1,000 residents, 42 percent above the national figure. Of those, 8,903 are home-services contractors (plumbing and HVAC, electrical, roofing, concrete, specialty trades and landscaping), a 4% share of the business base, about the same as the US share.

TradeEstablishmentsPer 100,000 residentsvs US mix
Highway, street and bridge construction 23731312.10.53ร—
Concrete foundation and structure contractors 2381103886.20.62ร—
General automotive repair 8111111,52524.40.68ร—
Child day care services 62441,48423.70.68ร—
Landscaping services 5617302,29336.70.73ร—
Restaurants and other eating places 722511,927190.90.73ร—
General freight trucking 48412,30736.90.74ร—
Automobile dealers 441198715.80.79ร—
Roofing contractors 2381605458.70.80ร—
Other specialty trade contractors (paving, asphalt, fencing) 23899095915.30.84ร—
Self-storage facilities 5311304276.80.86ร—
Plumbing, heating and air-conditioning contractors 2382202,63842.20.89ร—
Grocery and convenience retailers 44512,45539.30.92ร—
Electrical contractors 2382102,08033.30.94ร—
Dentists 62123,439550.95ร—
Personal care services (all) 81214,44871.21.04ร—
Lessors of real estate (all) 53113,92562.81.08ร—
Beauty salons 8121122,59041.41.16ร—
Physicians' offices 62117,526120.41.30ร—
Legal services 54119,404150.51.95ร—

Reading the index: 1.00 matches the national mix, 1.50 means half again as common here, 0.50 half as common.

Where competition is thickest: legal services, physicians' offices and beauty salons all hold a larger share of the local base than they do nationally. Legal services stand out with 9,404 locations, 1.9 times what the national mix would predict. On the other side, road and paving contractors, concrete contractors, general automotive repair and child day care services are thin: fewer establishments per resident than the US pattern. With 131 locations, road and paving contractors sit at about half of the national share. Plumbing and HVAC contractors, electrical contractors and dentists track the US share closely.

Restaurants (11,927), legal services (9,404) and physicians' offices (7,526) are the biggest categories by establishment count. Relative to population the leaders are restaurants (190.9 per 100,000 residents), legal services and physicians' offices. Taken as groups, the strongest relative to the US mix are legal services (1.9 times the national share) and the weakest are automotive businesses (about 72% of).

For advertisers

Where the openings are

In the crowded trades (legal services, physicians' offices and beauty salons) the map pack decides more calls than the ads do. Business Profile completeness, review volume and review recency become the separating factors, and paid search has to be tight rather than broad. With road and paving contractors, concrete contractors and general automotive repair in short supply, the map pack often has room; a complete listing and a handful of recent reviews can put a business in it. A median age 2.9 years above the national median means a larger share of customers who still start with a Google search and read reviews before calling, so the search-plus-reviews stack earns its keep. At 60.5% owner-occupied, more residents rent than in the typical US market. Consumer home-services demand is thinner per household, and property managers become a worthwhile audience.

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Quick facts

Miami, FL in numbers: questions and answers

What is the population of Miami, FL?

Miami, FL has 6.25 million residents (US Census Bureau ACS 2024 5-year estimate), ranking 9th of 387 metropolitan areas.

What is the median household income in Miami, FL?

The median household income in Miami, FL is $76,527 (ACS 2024 5-year), below the US median of $80,734.

How many businesses are there in Miami, FL?

The Census Bureau counts 222,388 employer establishments in Miami, FL (County Business Patterns 2023), or 35.6 businesses per 1,000 residents.

What is the median home value in Miami, FL?

The median home value in Miami, FL is $443,300, and 60.5% of homes are owner-occupied (ACS 2024 5-year).

Which trades are crowded or thin in Miami, FL?

Measured against the US business mix (County Business Patterns 2023), legal services, physicians' offices and beauty salons have more establishments per resident than the US average; road and paving contractors, concrete contractors and general automotive repair have fewer in Miami, FL.

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Data: US Census Bureau ACS 2024 5-year estimates and County Business Patterns 2023. Updated 2026-09-29.

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