Downtown Miami Population is Surging

The population of Downtown Miami has grown by great lengths since 2010, according to a new report by the Miami Downtown Development Authority. Downtown Miami now has 88,540 residents, up over 150% since 2000 and over 32% since 2010. The average household income is more than double the national average, at $110,000 annually and over 50% of residents have a college degree. These numbers are primed to continue to rise as more units hit the market in Downtown including One Thousand Museum, Paramount World Center and the recently delivered Centro. Additionally the MiamiCentral Station and the Brightline will begin opening up Downtown Miami to easier access by train via Orlando, Palm Beach and other Florida metropolitan cities.