Home / Select Cities  /  2024 Comparing Miami, FL vs. Newark, NJ

2024 Compare Cities Economy:
Miami, FL vs Newark, NJ

Change Cities
Highlights
- Household income in Newark, is 14% less than it is in Miami and is 67% below the National Average.
- Miami unemployment rate is 8.3%.
- Newark unemployment rate is 13.0%.

Economy
 Miami, FLNewark, NJUnited States
 Unemployment Rate8.3%13.0%6.0%
 Recent Job Growth0.8%-0.7%1.6%
 Future Job Growth42.7%18.1%33.5%
 Sales Taxes7.0%6.6%6.2%
 Income Taxes0.0%5.5%4.6%
 Income per Cap.$34,295$22,194$37,638
 Household Income$47,860$41,335$69,021
 Family Median Income$51,625$48,589$85,028
 space
 Est. Households By Income
 Miami, FLNewark, NJUnited States
 Income Less Than 15K17.7%21.2%9.4%
 Income between 15K and 20K5.9%6.2%3.8%
 Income between 20K and 30K10.9%12.0%8.1%
 Income between 30K and 40K9.5%9.5%8.0%
 Income between 40K and 50K7.5%8.8%7.6%
 Income between 50K and 60K7.8%7.8%7.2%
 Income between 60K and 75K8.3%9.1%9.6%
 Income between 75K and 100K9.4%9.7%12.8%
 Income between 100K and 150K11.1%9.6%16.3%
 Income between 150K and 200K4.8%3.5%7.8%
 Income greater than 200K7.2%2.7%9.5%
 space1
 Population By Occupation
 Miami, FLNewark, NJUnited States
 Management, business, finance17.1%8.8%16.4%
 Engineering, computers, science3.3%2.8%6.5%
 Community, social services1.0%2.3%1.8%
 Legal2.4%0.5%1.2%
 Education, library3.7%4.8%6.2%
 Arts, design, media, sports, entertainment2.5%1.2%2.0%
 Healthcare practitioners and technology4.6%3.0%6.2%
 Healthcare support2.6%6.0%3.3%
 Firefighters, law enforcement1.9%4.3%2.1%
 Food preparation, serving7.2%5.1%5.4%
 Building maintenance7.7%6.7%3.6%
 Personal care3.0%2.9%2.6%
 Sales, office, administrative support21.7%19.9%20.9%
 Farming, fishing, forestry0.3%0.2%0.6%
 Construction, extraction, maintenance/repair11.1%12.3%8.1%
 Production, transportation, material moving10.0%19.2%13.1%

View More Data >

Reviews for Miami    189 Reviews

This Year

Great vacation spot with the best clubs and food. Wynwood and the Miami Design District are the best, just be careful at night. Area tends to jack prices up around  More

   |    Reply

Miami is rapidly devolving into a filthy, crime ridden, unattractive extension of Central America and South America. The population is a bunch of rude entitled dependent  More

   |    Reply

Beautiful place, well into the late 20th Century ... clean, safe, fun, peaceful. Started seeing elements of crap, just a tiny bit, back around 1980. Now what changed  More

   |    Reply

Start Your Review of Miami

Reviews for Newark    26 Reviews

Over 3 years ago

Newark is straight garbage.  More

   |    Reply

Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

   |    Reply

Over 11 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

   |    Reply

Start Your Review of Newark

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Miami, Florida Cost of Living vs Newark, New Jersey Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN MIAMI, FLORIDA
33125, 33142, 33126, 33135, 33133, 33145, 33127, 33138, 33144, 33150, 18 total
ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.