Miami Lakes, Florida is a mid-sized city with a population of 30,833 inhabitants. In Miami Lakes, there are 5,441 people per square mile, which is well above the national population density average. At 93%, the majority of the Miami Lakes population is White; this is followed by 2% Black and 1% Asian. Additionally, more than a quarter of the population of Miami Lakes are of Hispanic or Latino origin, and 80% of the population also speak Spanish. 71% of the people in Miami Lakes (over the age of 15) are married and 50% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Living in Miami Lakes can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! Using the livability score which includes data from categories like crime, cost of living, weather, education, employment, you can easily compare the best places to live in Miami Lakes and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Miami Lakes to Florida and the national average.
Miami Lakes, FL receives 81 out of 100 for its livability score; this results in a ranking of #137 in Florida and #1,332 in the USA. Clearly, Miami Lakes is doing something right, as this score ranks well above the average of most cities. Miami Lakes has also earned the rare honor of ranking in the top 10 percentile among all cities. If we examine each of the categories individually, we see that Miami Lakes ranks well for amenities (A+), crime (A), weather (A-) and education (B). The bad news for Miami Lakes, there are some categories for which it does not score well, this includes: cost of living (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Miami Lakes has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Miami Lakes has a violent crime rate of 103 crimes per 100,000 residents which is far lower than the national average.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Miami Lakes is actually affordable. The median home price for Miami Lakes homes is $326,500, which is 95.7% higher than the Florida average. If we take a closer look at the affordability of homes in Miami Lakes, we’ll see that the home price to income ratio is 4.5, which is 32.4% higher than the Florida average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Miami Lakes area were 6.4% and 5 year appreciation rates were 9.8%.