Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Cost Of Living
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Located in the state of Florida, South Beach is a small-sized city with a population of 3,296 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (99% White). Given that fact, South Beach could be considered less diverse than other cities. South Beach is considered to be a city with an aging population. The average age of all residents is 70, which is well beyond the United States median age average. South Beach has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 87% of the population is classified as married and 10% have kids. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in South Beach, your commute times will be about average, with a one way commute time of 25 minutes.
Living in South Beach can be a positive experience for anyone relocating to the area. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around South Beach, AreaVibes has created a livability score using key metrics like cost of living, education, housing and more.
South Beach has a livability score of 66 out of 100 and is ranked #518 in Florida and #9,700 in the USA. Based on the rankings for each individual category, South Beach has been rewarded with high marks for crime (A+) and housing (B+). The bad news for South Beach, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In South Beach, the unemployment rate stands at 1.18%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Finding affordable real estate and housing in South Beach can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
South Beach real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in South Beach. The median home price for South Beach homes is $667,600, which is 300.2% higher than the Florida average. If we take a closer look at the affordability of homes in South Beach, we’ll see that the home price to income ratio is 4.7, which is 38.2% higher than the Florida average.
| Statistic | South Beach | Florida | National |
| Average one way commute | 25min | 27min | 26min |
| Workers who drive to work | 67.9% | 79.5% | 76.4% |
| Workers who carpool | 4.2% | 9.3% | 9.3% |
| Workers who take public transit | 0.0% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 27.8% | 5.4% | 4.6% |
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