Cost of Living in North Miami Beach, FL
Population: 43,104 • 2026 Data
$57,633
Median Household Income
-26% vs national
$1,626
Median Monthly Rent
+21% vs national
$317,800
Median Home Value
-6% vs national
4.5%
Unemployment Rate
Housing in North Miami Beach
The median home value in North Miami Beach, FL is $317,800. Monthly rent for a typical unit averages $1,626, while total monthly housing costs (including utilities and insurance) average $1,539.
Rent-to-income ratio: 33.9%. This exceeds the recommended 30% threshold, indicating housing costs may be a burden for median-income households.
Income and Employment
The median household income in North Miami Beach, FL is $57,633. The unemployment rate stands at 4.5%, with a labor force of 22,955 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.