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Area Statistics
Source: 2004 Scarborough Multi-Media Study, 2004
Florida & South Beach Real Estate Profile
Click here to download these statistics about South Beach real estate
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Miami Dade County |
Broward County |
| Total Adults |
|
1,778,445 |
1,320,845 |
| Lived in Present Home: |
| 10 Years or More |
573,670 |
32 % |
379,285 |
29 % |
| 5 Years but less than 10 Years |
363,965 |
20 % |
255,105 |
19 % |
| 2 Years but less than 5 Years |
485,115 |
27 % |
370,840 |
28 % |
| Less than 2 Years |
355,695 |
20 % |
309,185 |
23 % |
| Among Homeowners: |
| Total Home Owners |
986,425 |
55 % |
899,930 |
68 % |
| Type of Dwelling: |
| Single Family Home |
682,300 |
69 % |
533,750 |
59 % |
| Townhouse |
112,235 |
11 % |
115,740 |
13 % |
| Apartment |
24,765 |
3 % |
16,720 |
2 % |
| Condominium/Cooperative |
139,755 |
14 % |
201,645 |
22 % |
| Mobile Home/Trailer/Other |
27,370 |
3 % |
32,075 |
4 % |
| Home Value: |
| $200,000+ |
383,755 |
39 % |
349,815 |
39 % |
| $150,000-$199,999 |
172,265 |
17 % |
179,070 |
20 % |
| $100,000-$149,999 |
271,875 |
28 % |
188,315 |
21 % |
| $75,000-$99,999 |
94,335 |
10 % |
71,205 |
8 % |
| Less than $75000 |
64,195 |
7 % |
111,525 |
12 % |
Adults who plan to purchase a home or condo
within the next 12 months
Click here to download these statistics abouth Miami real estate investment
|
Plan to Purchase Within Next 12 Months |
Herald Newspaper Reach |
| Miami-Dade and Broward Adults |
260,850 |
100% |
51% |
| GENDER |
| Men |
122,625 |
47 % |
52 % |
| Women |
138,225 |
53 % |
50 % |
| AGE |
| 18-24 |
25,445 |
10 % |
61 % |
| 25-34 |
85,805 |
33 % |
38 % |
| 35-44 |
72,930 |
28 % |
62 % |
| 45-54 |
42,860 |
16 % |
36 % |
| 55-64 |
21,830 |
8 % |
66 % |
| 65+ |
11,980 |
5 % |
37 % |
| EDUCATION |
| College Grad+ |
78,915 |
30 % |
54 % |
| Some College |
83,570 |
32 % |
48 % |
| HS Graduate |
80,800 |
31 % |
57 % |
| Some HS or less |
17,565 |
7 % |
29 % |
| OCCUPATION: |
| Prof/Manager |
78,605 |
30 % |
54 % |
| Tech/Sales/Clerical |
61,930 |
24 % |
52 % |
| Service |
27,240 |
10 % |
51 % |
| Blue Collar/Other |
24,475 |
9 % |
34 % |
| Retired |
11,230 |
4 % |
55 % |
| Other Not Employed |
57,370 |
22 % |
55 % |
| HOUSEHOLD INCOME |
| $50,000+ |
116,990 |
45 % |
60 % |
| $35,000-$49,999 |
77,855 |
30 % |
46% |
| $25,000-$34,999 |
28,655 |
11 % |
30% |
| Less than $25,000 |
37,350 |
14 % |
54% |
| RACE/ETHNICITY |
| White non Hispanic |
79,035 |
30 % |
45 % |
| Black non Hispanic |
49,395 |
19 % |
66 % |
| Other non Hispanic |
6,510 |
2 % |
11 % |
| Hispanic |
125,910 |
48 % |
52 % |
Local Maps
Click on the maps to view full size PDF map.
Fast Facts
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By 2030, Florida should pass New York as the third most populous state.
-
Florida has no state personal income tax, a provision in the state constitution.
-
Florida created more than 177,000 new jobs during the 12 months ending in mid-2004, marking 28 straight months of job growth.
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No place in Florida is more than 90 miles from one or more of 14 deep-water ports.
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Florida land transportation includes four interstate highways, 40,000 lane-miles of state highway and nearly 3,000 miles of rail.
-
With $73.2 billion in 2003 trade and its multicultural population, Florida is the national leader in international commerce.
-
Florida hosts some 2,000 firms from other countries, including 300 regional headquarters.
-
Machinery exports from Florida totaled more than $7.4 billion in 2003.
-
Florida is the No. 3 state in dollar value of its high-tech exports and 4th in high-tech workers.
-
Defense-related spending (direct and indirect) accounts for $44 billion (9.8%) of Florida's GSP.
-
With deposits of $90 billion-plus, about 550 financial institutions — banks, S&Ls and credit unions — operate in Florida. |
| FLORIDA OFFERS STRONG INCENTIVES TO COMPANIES |
- Qualified Target Industry Tax Refund (QTI)
Provides up to $3,000 per new job created in targeted sectors or up to $6,000 in Enterprise Zones or rural areas, with additional bonuses for extremely high wages.
- Economic Development Transportation Fund
Up to $2 million per project available to eliminate transportation problems that adversely impact a company's location or expansion decision.
- High Impact Performance Incentive (HIPI)
A negotiated grant used to attract and grow major facilities in designated high-impact industry segments.
- Capital Investment Tax Credit (CITC)
An annual credit against Florida corporate income tax for projects in designated high-impact industries that make capital investments of at least $25 million and create at least 100 jobs.
- Defense/Homeland Security Industry Incentives
Among incentives are tax refunds to help Florida companies compete for new contracts, sales tax exemptions, grants to aid communities where bases are designated for closure and grants to help communities upgrade military-related infrastructure.
- Quick Response Training (QRT)
Offers customized training to secure new value-added businesses to Florida and provide existing businesses with necessary training to enable expansion.
- Enterprise Bond Program
Provides tax-exempt, low-interest bond financing ($500,000-$2,000,000) to manufacturing firms and nonprofits.
Call (850) 488-6300 or visit www.eflorida.com for more information on incentive programs available through Enterprise Florida.
| FLORIDA OFFERS MAJOR TAX ADVANTAGES TO INDIVIDUALS AND COMPANIES |
- NO state personal income tax
- NO corporate franchise tax levied on capital stock
- NO state-level ad valorem taxes
- NO tax on goods-in-transit
- Sales and use tax exemption on electricity used in manufacturing
- Sales and use tax exemption on manufacturing machinery and equipment for new and expanding businesses
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