Miami Population Grew 1.7% Last Year – Fourth Fastest Among Big Cities

Miami’s population increased 1.7% between 2021 and 2022, according to a recent Census report.

The Seattle Times noted that Miami’s growth rate for the period was the fourth fastest of the 50 biggest U.S. cities.

The newly released data showed Miami’s population was estimated at 449,514 on July 1, 2022. That compares to an estimate of 441,999 on July 1, 2021.

On July 1 2020, the Census had estimated Miami’s population at 442,799. That would mean Miami had a slight loss in population from 2020 to 2021 (during the city’s pandemic boom) if true.

The Census also recently estimated that Miami-Dade County lost around 25,000 residents between 2020 and 2021, and gained back around 3,000 residents between 2021 and 2022.

 

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Anon
3 months ago

It’s actually such a small city when you ignore the rest of the county. We don’t even have half a million people.

Anonymous
3 months ago

The Core should be its own city with its own government and mayor.

Anon
3 months ago

It is…? That’s the issue…only the core is considered Miami, while further neighborhoods like Coral Gables and north Miami Beach are their own cities.

Local elections matter
3 months ago

The same should be done with the state, dividing it into two different ones FL and SW Alabama

Anonymous
3 months ago

Admit you’d rather it join Cuba.

Anonymous
3 months ago

yeah, another bureaucracy layer will certainly help things 😛

Anonymous
3 months ago

We need transparency and accountability. We don’t have an adequate bureaucracy. We should
invest in safeguards to protect us from all the crooks who exploit the lack of government oversight.

Anonymous
3 months ago

Totally agree. The core is becoming more and more different (thankfully) from the other parts of Miami.

DWNTWNR
3 months ago

So? It’s pretty dense with only like 30 to 35 square miles of land. Jacksonville has over 1 million people but spread across around 750 square miles of land. Miami is not as small as you think.

Anonymous
3 months ago

Joe Carollo MUST RESIGN OR BE REMOVED!

Miami doesn’t want to pay the millions of dollars in his personal legal fees!!! We don’t want to be harassed be public officials!

Anon
3 months ago

His spokesperson said it’s being paid by “insurance” like Florida and Miami don’t have an insurance problem – just going to make our premiums Sky rocket. What a Joe-ker!

Anonymous
3 months ago

Should have done what Jacksonville and Duval County did in the 1960s. Either you’re in the City of Jacksonville, or municipalities that existed prior. We wouldn’t have such a troublesome local government either.

Anonymous
3 months ago

The pandemic rush has fizzled and there’s plenty of inventory about to come online not including inventory about to get built…supply will overtake demand in the coming quarters

Anon
3 months ago

Source: trust me bro

Anonymous
3 months ago

Lol more people are moving here. NY is back to its old glory, but not a forever place to live – Miami is next best alternative and great place to live!

Anonymous
3 months ago

But you aren’t accounting for all the new migration coming our way following the migration of companies moving their offices here. I think demand will continue.

Azarius
3 months ago

Exactly because they have announce but haven’t really moved in the next five years. There will be a lot of companies really setting up Shop in downtown. Moving a lot of ppl here permanently

Anonymous
3 months ago

You aren’t accounting for the Census stats on the county’s population.

Miami or Nowhere
3 months ago

People are still trying to move here from NY. Every day another NYer moves to Miami. It’s incredible how many will never ever go back. Miami or nowhere!

Anonymous yet informed
3 months ago

There actually is not “plenty of inventory coming.” Not residential housing inventory for ownership, at least. There are a handful.of actual residential for-sale towers in development relative to previous cycles, and what is being developed is all extremely high end. There is no $500K to $1 Million residential (i.e. not short term rental) product under for sale. The closest to that was Aria Reserve where you could.originally buy a 1 + Den in the $800s if memory serves.

The Cove just launched sales on 29th Street, starting at $1.2. Million for 2 Bedrooms and going up from there.

The only product for sale under $1 Million is short term rental product (E11even Beyond, West Eleventh, Vida Edgewater, 600 Miami Worldcenter, etc.). There is NOT a lot of inventory coming to market for sale. And existing inventory will only go up in pricing because its competition is so much more expensive due to land and construction costs, while demand continues strong.

Multifamily rental definitely has quite a bit of inventory coming, but the population growth has really increased pricing substantially. There may certainly be a moderation in rent growth, stabilization in pricing, or even a slight reduction in overall rents in multifamily buildings and subsequently in condos, but I wouldn’t keep my hopes up for bargain pricing, and certainly not anything pre-pandemic.

Miami is Miami. People want to be here, and the supply is simply not keeping up with the demand. Period.

Aurelius
3 months ago

Net migration is down because higher income and younger people are moving to Miami pushing cost higher and lower income families are being pushed out.

In terms of total population total population you talking about 40,000 people in a county of over $2.6M people.

The people coming here want to be in the prime locations and we still have a shortage of units there. The future supply has shifted to high end luxury condos for the weatlthy. That supply isn’t going to affect the average person much.

The Aston Martin delivering 391 units starting at $6M isnt going to mean much in terms of inventory for example.

Jesus
3 months ago

Lost people in Miami-Dade County? It appears to be the opposite! 😭

Anonymous
3 months ago

If they lost 20,000 between 2020, and 2021 and gain only 3,000 between 2021 and 2022, Miami Dade County lost 17,000 residents.

Anonymous
3 months ago

Traffic implies otherwise

Anonymous
3 months ago

People have been leaving Dade County for years, going to other counties in Florida.

Jamal Craft
3 months ago

Let’s look forward. We are in 2023, Miami has not stop growing. Most large cities lost population or slowed down during the Pandemic. Miami the city sits on just 35 square miles. That’s a small land base for 450, 000 people. If the city grow at a current rate of 8,000 per year its going over 500,000 in just 7 years. Outside of Miami, the rest of Dade County suburban area will have 2.5 million. The total Miami metro area has about 6.2 million. Atlanta the city and all of its suburbs is about the same in population, but Miami feels bigger because Miami has far more skyscrapers, more tourists, and still more development. Florida is the fastest growing state. Miami will Eventually slow down, while Orlando, Jacksonville, Tampa Bay, Ft. Myers, and all of Central Florida face rapid growth.

Jeff
3 months ago

Moving to Flagler County in four months. Can’t wait and NE FL is growing fasr.

Anonymous
3 months ago

Places with a cost of living to incomes ratio as out of whack as metro Miami’s don’t grow fast.

Cover the Podiums
3 months ago

Miami sprawled so bad decades ago and its finally seeing its urban renewal that it so desperately needs. Also, we are not building enough workforce housing bc developers keep catering to the rich. Prove me wrong

Proved you wrong and left the podiums uncovered
3 months ago

Go down US1 in South Dade and check out all the mid-income rentals going up.

Born and Raised in Miami
3 months ago

Sorry do you mean all those new 1 bedroom rentals going for $2800+? Is that what you call affordable?

Anon
3 months ago

Yes, that’s the going rate in South Florida for new const. corp. owned apartments 1 bedroom. Wanna pay less? Rent a 1960s built studio from a private landlord. Or move some cheaper region of the country and try to find similar paying work there.

Miami
3 months ago

That’s cheap AF. People are so lucky to have this great city at such a low cost.

Anonymous
3 months ago

Yes, that is actually very affordable to live in a major city. If you can’t afford it, find somewhere else, but don’t just expect a handout.

Anonymous
3 months ago

…but I want Brickell at Homestead prices! I’m entitled to it, and a Metromover extension going to my favorite club where I can squander money better spent on rent.

anonymous
3 months ago

Of all the top 40 cities in the country, Miami has the smallest area. The approximately 450,000 thousand population (which does not count temporary residents – a/k/a as snowbirds) are contained within a land area of 36 square miles. Atlanta e.g. has 135 square miles of land; Chicago, 227; New York, 300; Boston, 48, and Philadelphia, 134

Anonymous
3 months ago

Does this percentage include Lionel Messi? lol

Dale
3 months ago

Congrats, you’ve once again confused metropolitan statistical areas with cities.

SoBeMom
3 months ago

Many places in Florida are growing fast. In Palm “freaking” Coast, they’re building as fast as immigrants can slap on a roof. The quality is so-so. Hopefully, those skyscrapers in Miami won’t suffer too much in a Cat 4 or 5. Sea-level rise is slow, about a foot in the next 40 to 50 years per Brian McNoldy.

Ferries and Ebikes FTW
3 months ago

the amount of data revised in the latest Fed numbers should tell you to trust your eyes over their BS reports

Anonymous
3 months ago

I’ll trust census stats over marketing hype

Anonymous
3 months ago

Either stats, we’re screwed.

Truth
3 months ago

The reality is, as prices increase, a portion of the population will be lost and then replaced with higher earners at a slower rate, initially. Over the next decade the population will take-off. However, the population data will be skewed for sometime given “residency” status. The Miami movement is real and just starting. The bubble speculators have no clue what is coming. Look at DC and Austin over the past 15 years. Then, DC became extra woke over the pandemic and let’s be honest, Austin is kinda hipster lame and not for the aggressive east coast types…
Everyone on the upper east coast wants to move to Miami, unless they are setup in Manhattan. Even Lionel needed a piece of the Miami action furthering the international appeal.
Miami is barely scratching the surface.
100.

F L Olmstead
3 months ago

“The Census also recently estimated that Miami-Dade County lost around 25,000 residents between 2020 and 2021, and gained back around 3,000 residents between 2021 and 2022.” Blah blah Miami is the next big thing blah blah ….bubble bursting soon.

Anonymous
3 months ago

Says the person still renting.

Anonymous
3 months ago

^says the person with all their net worth tied up in a single leveraged asset

Anonymous
3 months ago

Who has all their net worth ties up in a single piece of real estate? lol But whatever helps you justify paying $3k in rent a month bro.

Anonymous
3 months ago

Whatever helps you justify spending 3X your gross annual income on a condo you can’t afford, bro

Anonymous
3 months ago

Haha Joke’s on you. Nothing in this back and forth is true… except that you still rent.

Anonymous
3 months ago

^nothing is true…including you being an owner of anything….joke’s in your hand when you go to the restroom

Anonymous
3 months ago

Isn’t that the same thing as saying Miami lost 22,000 residents between 2020 and 2022?

Howard Roark
3 months ago

This statistic is irrelevant. The relevant population metric is Metro area size. And for that the census grossly undercounted Metro Miami. Miami-Dade County has well more than 3.5M people. Broward is around 2.5M. And Palm Beach is north of 1M. We have 7M in our Metro area but the census shorted us >500K. This means we’re getting less $$$ than we should for critical infrastructure improvement. This is why, to a great degree, for example, the 836/395 project is going to take 4 more years. And why Metrorail North to Hard Rock will have no stations in between Earlington Heights and the stadium. And why Broward has zero rapid transit.