Places/FL/Miami-Dade County, FL
County profile

Miami-Dade County, FL

United States · GDP 2024
#12 of 3,127 US counties by GDP74th-percentile growthmore diversified than 98% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$260.8B
BEA · 2024
GDP growth (YoY)
+6.6%
BEA · 2024
Jobs tracked
1,055,440
Census CBP · 2023
Employers
98,394
Census CBP · 2023
Avg. wage
$74.2k
BLS QCEW · 2023
Population
2,802,029
Census PEP · 2025
Labor, income & education
Unemployment
3.0%
Median HH income
$71.8k±$708
Bachelor's degree+
34.4%±0.4%
Poverty rate
14.7%±0.3%
Business applications
135,758 · 2025
Retail establishments
10,826
38.5/10k pop
Industry mix · employment
Health care24%
Retail trade21%
Food & accommodation20%
Professional services13%
Transportation12%
Wholesale trade10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
2,802,029
residents · 2025 · +4.0% since 2020
Income per capita $78.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration270,815
International migration+348,079
Natural change+29,250

GDP trend

20192024 · nominal
$176.3B
2019
$167.4B
2020
$194.1B
2021
$223.3B
2022
$244.8B
2023
$260.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$463.0k±$2.5k
Median gross rent
$1.8k/mo±$10/mo
Vacancy rate
10.9%±0.2%
Affordability
6.2× wages
Residential permits
$4.7B
16,535 units · 5.9/1k pop
FEMA risk score
99.6
HUD Fair Market Rent (2BR):$2.4k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 100Lightning 100Coastal flooding 100
FHFA HOUSE PRICE INDEX · 20162025
737
2016
795
2017
854
2018
896
2019
934
2020
1055
2021
1291
2022
1483
2023
1630
2024
1676
2025
RESIDENTIAL PERMITS · 20212025
23% since 2021
13,393
2021
11,305
2022
12,781
2023
10,608
2024
16,535
2025

Transport access

BTS · FAA · USACE
Nearest interstate
38.0 km
I-95
Nearest freight rail
8.6 km
CSXT
Nearest port
6.1 km
PortMiami, FL
Nearest commercial airport
33.6 km
MIAMI INTL
Waterborne tonnage, host port(s) (CY2023):8,437,423 short tons/yr · PortMiami, FL
Wage trend
BLS QCEW · 20192023
$74.2k
avg. annual pay · +31% since 2019
Nearby & same-state counties
by GDP rank
Broward$173.7BOrange$160.4BHillsborough$152.0B
The read

What is the GDP of Miami-Dade?

Miami-Dade's economy produced $260.8B in 2024, growing 6.6% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.