Paycheck Atlas

Miami, FL

459,745Residents
$62,462Median household income
$1,758/moMedian gross rent
$518,100Median home value
39.3Median age
37%Adults with a bachelor’s degree or higher
31%Homes lived in by their owners
8.3×Home value to household income

Median rent takes about 34% of the median household income in Miami.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $70,000 a year. In Florida that leaves roughly $4,840 a month after tax. See the full paycheck breakdown for $70,000.

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.