Cost of Living in Miami Lakes, FL
Population: 30,731 • 2026 Data
$97,255
Median Household Income
+26% vs national
$2,024
Median Monthly Rent
+50% vs national
$577,300
Median Home Value
+70% vs national
3.5%
Unemployment Rate
Housing in Miami Lakes
The median home value in Miami Lakes, FL is $577,300. Monthly rent for a typical unit averages $2,024, while total monthly housing costs (including utilities and insurance) average $1,954.
Rent-to-income ratio: 25.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Miami Lakes, FL is $97,255. The unemployment rate stands at 3.5%, with a labor force of 17,869 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.