Saturday, November 22, 2014

Downtown Miami, increasing in population and wealth

Posted on November 22, 2014 by Rory Mark Schmer from South Florida


Nearly 46 percent of downtown Miami residents are between the ages 25 to 44, compared to 29 percent across the county. A majority of downtown Miami residents 58 percent who are 25 and older possess a college degree compared to the county average of 35.9 percent, and the median household income is $65,311 compared to countywide average of $41,400.


The Miami Downtown Development Authority examined Brickell through Midtown and found that in 2014 the population grew to 80,750 which is double the number from the 2000 Census. And the population is expected to keep growing and reach 95,519 by 2019. The largest shift was in the Central Business District, which saw a 193 percent increase to 14,358 people. The Arts and Entertainment District grew 162 percent to 11,622, while Brickell saw a 152 percent jump to 32,489.


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