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South Miami, Florida   Add Favorite    0 Reviews | Review This Place




Pros

-Cultural diversity
-Beaches and water recreation
-Entertainment

Cons

-Hurricane risk
-Cost of living
-Crime rates


What Bert Has To Say About Miami-Fort Lauderdale-West Palm Beach Metro Area


Miami has always been the commercial and cultural center for Florida and the nearby Caribbean, but in the past 30 years it has emerged as a world-class international hub and a gateway for all of Latin America. In many ways it serves as the central logistical and cultural hub of the entire Western Hemisphere. The inevitable result is a diverse and invigorating Latin culture superimposed upon what was already a major commercial, resort, and retirement area dating back to the 1920’s. Many think of it as a tourist center, but import/export and international financial trade with Latin countries make up a far larger part of the economy. These activities bring a large banking industry as well as cargo transport and warehousing; the manufacturing and corporate headquarters rosters are also growing. The city is busy- in many ways stressful- and the mix of cultures, heat, and poverty has occasionally boiled over into ethnic and civil strife. But the city is fun and undeniably alive.


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Highlights



Quick Facts About South Miami


    ECONOMY
    The unemployment rate in South Miami is 5.40 percent(U.S. avg. is 5.20%). Recent job growth is Positive. South Miami jobs have Increased by 1.66 percent.
    COST OF LIVING
    Compared to the rest of the country, South Miami's cost of living is 49.90% Higher than the U.S. average.
    POPULATION
    As of 2014, South Miami's population is 12,242 people. Since 2000, it has had a population growth of 17.67 percent.
    TRANSPORTATION
    Average Commute time is 29 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in South Miami is $447,900. Home appreciation the last 10 years has been -3.00%.
    SCHOOLS
    South Miami public schools spend $9,613 per student. The average school expenditure in the U.S. is $12,383. There are about 17.4 students per teacher in South Miami.

South Miami Ranked & Rated



South Miami Housing Market


It's a good time to buy in South Miami. Home Appreciation is up 9.9% in the last 12 months. Browse South Miami Real Estate.
The median home price in South Miami is $447,900. Browse Homes in this Range.
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