Moving to Miami-Fort Lauderdale-West Palm Beach
What you need to know before relocating to Miami-Fort Lauderdale-West Palm Beach, Florida. Data-driven insights on housing, jobs, safety, and quality of life.
Is Miami-Fort Lauderdale-West Palm Beach a Good Place to Live?
Miami-Fort Lauderdale-West Palm Beach presents a mixed picture. Prospective residents should weigh the tradeoffs carefully. Key considerations: rent ($1,914/mo) is above the national average; home prices ($474,000) are above the us median.
Miami-Fort Lauderdale-West Palm Beach at a Glance
Cost of Living in Miami-Fort Lauderdale-West Palm Beach
The median rent in Miami-Fort Lauderdale-West Palm Beach is $1,914/month, while the median home value is $474,000. With a median household income of $76,271, residents spend roughly 30% of monthly income on rent.
Overall, the Miami-Fort Lauderdale-West Palm Beach metro area is classified as expensive compared to other US metros.
Job Market
Miami-Fort Lauderdale-West Palm Beach has a median household income of $76,271, which is 2% above the national median. The local unemployment rate is 2.5%, compared to the national average of 3.7%.
Safety in Miami-Fort Lauderdale-West Palm Beach
The violent crime rate in Miami-Fort Lauderdale-West Palm Beach is 290 per 100,000 residents, which is 24% below the national average of 380.
Property crime rate: 1516 per 100,000 residents.
Education in Florida
Florida has a high school graduation rate of 90% and per-pupil spending of $12,415/year. The student-to-teacher ratio is 16:1.
34% of Florida adults hold a bachelor's degree or higher.
Healthcare Access
Florida has 265 physicians per 100,000 residents, a 10.9% uninsured rate, and 2.6 hospital beds per 1,000 people. Life expectancy in Florida is 77.8 years.
Pros and Cons of Living in Miami-Fort Lauderdale-West Palm Beach
+Pros
- ✓Low unemployment rate (2.5%) signals a strong job market
-Cons
- ✗Rent ($1,914/mo) is above the national average
- ✗Home prices ($474,000) are above the US median
- ✗Longer-than-average commute (2643227 min)
Frequently Asked Questions
Is Miami-Fort Lauderdale-West Palm Beach a good place to live?⌄
Miami-Fort Lauderdale-West Palm Beach has both advantages and drawbacks. Prospective residents should weigh rent ($1,914/mo) is above the national average and home prices ($474,000) are above the us median against other lifestyle factors.
What is the cost of living in Miami-Fort Lauderdale-West Palm Beach?⌄
The median rent in Miami-Fort Lauderdale-West Palm Beach is $1,914/month and the median home value is $474,000. The median household income is $76,271. Overall the metro is considered expensive.
Is Miami-Fort Lauderdale-West Palm Beach safe?⌄
Miami-Fort Lauderdale-West Palm Beach has a violent crime rate of 290 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Miami-Fort Lauderdale-West Palm Beach?⌄
Miami-Fort Lauderdale-West Palm Beach has an unemployment rate of 2.5%, compared to the national average of 3.7%. The median household income is $76,271.