Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

65,837 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,774

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,295

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $11,483,252
--Home Prepared Food $6,470,722
--Restaurant/Takeaway Food $5,012,531
Alcoholic Beverages $843,017
Housing $29,106,855
--Rent/Mortgage/Upkeep/Taxes $17,019,821
--Utilities $5,866,939
--Operations $2,210,070
--Supplies $1,082,251
--Furnishings $2,939,166
Apparel $2,699,931
--Men & Boys $603,782
--Women & Girls $1,093,643
--Children < 2 $11,392
--Footwear $569,606
Transportation $14,137,615
--New Vehicles $2,642,971
--Used Vehicles $3,018,911
--Fuel $3,053,087
--Insurance $1,412,622
--Public Transit $1,184,780
Healthcare $7,199,817
Entertainment $4,670,767
--Pets $956,938
--Toys $227,842
Personal Care Products $1,116,427
Books & Literature $159,490
Education $2,039,189
Tobacco Products $501,253
Miscellaneous $1,435,407
Retirement $2,734,108
Non-health Insurance $10,571,883
Total Expenditures $88,699,011

Selected Population Data

Period Geography Population
2014 Miami-Fort Lauderdale-West Palm Beach, FL Metro Area 5,775,204
2015 Miami-Fort Lauderdale-West Palm Beach, FL Metro Area 5,861,000
2016 Miami-Fort Lauderdale-West Palm Beach, FL Metro Area 5,926,955
2017 Miami-Fort Lauderdale-West Palm Beach, FL Metro Area 6,019,790
2018 Miami-Fort Lauderdale-West Palm Beach, FL Metro Area 6,070,944